Redesigning Economics based on Ecology

New thing’s will make what we’re going to do so great

Much of our day-to-day behaviour and cultural activity is structurally determined by our monetary and economic systems. Their redesign is a crucial enabler of the transition towards a regenerative culture. To transform our economic system(s) at every scale is an audacious salutogenic [health generating] design intervention, yet it is the only way we can effect changes deeply enough to avoid the collapse of civilization and further damage to ecosystems and the biosphere.

Q: Is it possible to create a regenerative economic system based on cooperation rather than competition?

Q: How can lessons from ecology — like symbiosis, circular no-waste systems and whole-systems optimization — inform the redesign of our economic and monetary systems?

New thing’s will make what we’re going to do so great

  • Money as debt created out of nowhere’ drives extreme inequality and sets ‘competition’ as the rule
  • Compound interest on loans and deposits creates an economic time-bomb that drives the perverse necessity for exponential growth and unbridled consumption, structurally establishing a win-lose rather than a win-win-win ‘playing field’

In line with Buckminster Fuller’s central design intention, we have to ask ourselves: does our current economic and monetary system work for 100% of humanity without ecological offence and disadvantage to anyone? Clearly it does not! We need new economic rules and fundamental structural changes that incentivize regenerative and collaborative relationships. The redesigned system will need to discourage the kind of pathological behaviour patterns our current culturally dominant narrative of separation, supported by neo-Darwinian biology and neo-classical economics, justifies and rewards.

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“To make the world work for 100% of humanity in the shortest possible time through spontaneous cooperation without ecological offense or the disadvantage of anyone.”
R. Buckminster Fuller