The Transition to a Sustainable       Economic Model
MORAL INTENTIONS                                        & OUTCOMES                DIMENSION                               ...
MORAL INTENTIONS                                                & OUTCOMES                DIMENSION                       ...
MORAL INTENTIONS                                                                    & OUTCOMES                DIMENSION   ...
MORAL INTENTIONS                                                                                   & OUTCOMES             ...
MORAL INTENTIONS                                        & OUTCOMES                DIMENSION                               ...
The spider’s web analogy is useful because it highlights the interconnectedness of the biosphere and the            accomp...
To survive and thrive into the future, we must evolve our economic model   to embrace sustainability, to the extent that e...
Pollen Strategy                  PO Box 5363             East Victoria Park        Western Australia 6981            M: +6...
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The transition to a sustainable economic model - Pollen Strategy

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This presentation highlights the key dimensions that define shareholder capitalism and describes the changes required if we are to successfully transition to a sustainable economy.

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  • Kiran, I just watched the TED Talk at the link you provided - it is wonderful! Tim Jackson is talking about exactly the things that I have picked up in my presentation. Thank you.
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  • Kiran, as you suggest, one of the big probelms with the current economic system is that nature is assigned no value. Pavan Sukhdev discusses ideas for how we might address this in the following TED talk:

    http://www.youtube.com/watch?v=oU9G2E_RYJo

    Great question about distinguishing true enterprise from counter-productive enterprise. We need better ways of assessing the true net impact of conversion of natural capital into human-made capital. As long as we measure prosperity using GDP, we will continue to make destructive, net negative decisions.
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  • Kiran, thanks for the link. I am a fan of Tim Jackson's and highly recommend his book 'Prosperity Without Growth.'

    At present, the supporters of shareholder capitalism and 'sustainable growth' assume that technological advancement will decouple resource use from economic growth. In his book, Tim elegantly demonstrates that in the global economy there is only minor evidence of relative decoupling and little to no evidence of absolute decoupling. Please see the presentation at this link for a succinct overview:

    http://www.slideshare.net/PollenStrategy/the-myth-of-decoupling

    As Tim advises, it is time for humanity to reimagine the meaning of prosperity. It is not about how much we consume, but rather the richness of our store of social and natural capital.
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  • so the question is..can there be prosperity without growth!
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  • You may find this talk interesting..what you were saying about illusion of growth.. http://www.youtube.com/watch?v=Lp29wq5F4Fw&feature=related
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The transition to a sustainable economic model - Pollen Strategy

  1. 1. The Transition to a Sustainable Economic Model
  2. 2. MORAL INTENTIONS & OUTCOMES DIMENSION UNIT OF OF CSR VALUE SurviveENVIRONMENTAL LEVEL OF and IMPACT EQUALITY thrive Human instinct Shareholder capitalism VALUE ECONOMIC GROWTH CREATION ASPIRATIONS FOCUS Shared value capitalism MARKET Sustainable capitalism DYNAMICS The economic systems created by humans are ultimately designed to support our instinctual quest to survive and thrive.
  3. 3. MORAL INTENTIONS & OUTCOMES DIMENSION UNIT OF OF CSR VALUE Self-interest (good for me) l nd In oce ga a (e di n le mic g vi tr du ic o on al ) Ec Profit before inequality Survive planet SocialENVIRONMENTAL LEVEL OF and IMPACT EQUALITY thrive pi ma on l e e c e co ca an- sis Gr om lin ta d on up ow y g) m ha d h u mp th (no E Competition (survival of the fittest) Human instinct Shareholder capitalism VALUE ECONOMIC GROWTH CREATION ASPIRATIONS FOCUS Shared value capitalism MARKET Sustainable capitalism DYNAMICS The dominant model, shareholder capitalism, is powered by our basest instincts – self-interest and “survival of the fittest” competition.
  4. 4. MORAL INTENTIONS & OUTCOMES DIMENSION UNIT OF OF CSR Reciprocity VALUE (good for society) (a Co rop n m oc th al m e ic un nt h Et ity ric Self-interest (good for me) l nd In oce ga a ) (e di n le mic g vi tr du ic o on al ) Ec Social equality Profit before minimisation inequality Survive planet Social HarmENVIRONMENTAL LEVEL OF and IMPACT EQUALITY thrive pi ma on l e e c e co ca an- sis Gr om lin ta d on up ow y g) m ha d h u mp th (no E Competition ca so ma on G r a t iv (r pi ci de (survival of d - s el ow e an an si m ha t h de ta al the fittest) h u mp ec cou Human instinct l E on pl om ing y ) Cooperation (creating Shareholder capitalism shared value) VALUE ECONOMIC GROWTH CREATION ASPIRATIONS FOCUS Shared value capitalism MARKET Sustainable capitalism DYNAMICS We are currently seeing an evolution to the possibility of a more equitable system, based on the creation of shared value. But this is not enough.
  5. 5. MORAL INTENTIONS & OUTCOMES Altruism (good for the planet) DIMENSION UNIT OF c OF CSR VALUE Bi oce Reciprocity pi (e os n ro c (good for ph t r th er ic) n society) la e i Ph (a Co rop n m oc th Corporations must al m e ic un nt h Et ity ric Self-interest (good for me) reimagine l nd In oce themselves as ga a ) (e di n le mic g vi tr du ic o vehicles for on al ) Ec creating social and Environmental Social equality Profit before minimisation regeneration environmental Ecological inequality Survive justice planet Social HarmENVIRONMENTAL LEVEL OF and IMPACT thrive EQUALITY value, in addition to the requirement that they make a pi ma on l e e c e co ca an- sis Gr om lin ta d profit. on up ow y g) m ha d h u mp th (no E Competition ca so ma on G r a t iv (r pi ci de (survival of d - s el ow e an an si m ha t h de ta al the fittest) h u mp ec cou Human instinct l E on pl l c so n om ing it a a l Lo no e d ra e, ee ec lati a p ci w my e c tu ad tw (r y ) l o v /n : o e Cooperation n a m be o “s up d n- e gr ta lin (creating a n ma a n c Shareholder capitalism ow si g shared value) hu Bal VALUE th s” ) ECONOMIC GROWTH CREATION ASPIRATIONS FOCUS Symbiosis (harmony Shared value capitalism between people, planet and profit) MARKET Sustainable capitalism DYNAMICS Our imperative is to evolve our economy to a truly sustainable model where our ability to survive and thrive is actually maximised – but what will it take to get us there? It will require a new moral philosophy, a reassessment of where humans fit in the world, and a redefinition of the core purpose of business.
  6. 6. MORAL INTENTIONS & OUTCOMES DIMENSION UNIT OF OF CSR VALUEENVIRONMENTAL LEVEL OF IMPACT EQUALITY VALUE ECONOMIC GROWTH CREATION ASPIRATIONS FOCUS MARKET DYNAMICS When describing the biosphere and the place of different species within it, ecologists commonly use the analogy of a spider’s web.
  7. 7. The spider’s web analogy is useful because it highlights the interconnectedness of the biosphere and the accompanying need for humans to extend notions of morality to include all life.Evolutionary biologist Charles Darwin believed that the highest moral achievement is concern for the welfare of all livingbeings, human and nonhuman.Darwin wrote: “Sympathy beyond the confines of man, that is humanity to the lower animals, seems to be one of the latestmoral acquisitions… This virtue [concern for lower animals], one of the noblest with which man is endowed, seems to ariseincidentally from our sympathies becoming more tender and more widely diffused, until they extend to all sentient beings.”
  8. 8. To survive and thrive into the future, we must evolve our economic model to embrace sustainability, to the extent that economic activity has a restorative impact on the earth’s natural systems.“Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.” ― Chief Seattle, 1854
  9. 9. Pollen Strategy PO Box 5363 East Victoria Park Western Australia 6981 M: +61 419 923383E: info@pollenstrategy.com.auW: www.pollenstrategy.com.au

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