My background is as an ecologist which provided the training to develop an integrated approach to a number of business disciplines. Here I am discussing wealth and how, properly considered, a virtuous financial cycle may be constructed which supports society, not just the few.
Wealth comes in many guises - money being just one. Unfortunately, this is where attention and energy is concentrated to the detriment of society, humanity, the planet and even sustainable commerce.
By tracking:
- The addition of different types of value
- Tangible and intangible investments
- How we might meet the range of Human Needs
It is possible to identify a number of entry points where positive intervention can make a great difference to commerce, society and humanity.
For the discussion please Download The Ecology of Wealth All comments welcome
Steve good to meet today. The emporer has no clothes!
On wealth, there are many common uses of the term. Should we define and agree on an economic use too, when we talk econonics?
Today i got fierce denial on that suggestion. Defining wealth always creates huge amounts of heat. And i was not telling anything, only asking what others felt it was. And it can only be one thing in the end.
Yet why if it is the object noun and subject matter of economics? How strange.
I believe it is because people of every persuasion have chosen to reserve the right to make up their own minds, as to what is theirs as property. "What is mine" regardless of the natural justice that actually defines it irrefutably.
And by doing that are opposing the natural law that wealth can only ever be yours if you did work to get it. We can see on every occasion this leads to destruction, recessions, poverty and all the rest.
About to read the rest of your good blog but am on train. Speak to you next week. In the mean time try this experiment:
1) what is location value?
2) who creates it?
3) who does it belong to?
Take your time thinking about it with great care. Its "fundamental"!
Posted by: Robin Smith | 19 January 2011 at 05:49 PM