Planetary

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“the times, the are a-changin’”

Bob Dylan

Our times are changing.

In fact, the times are always changing.

As humans, we live on the creative edge of a constantly changing partnership with Nature, and we have to be more or less constantly evolving prosperous adaptations to life’s constant changes.

We do this through inquiry, for insight and new learning about how the world about us works, and how we can take the world about us as we find it, and change it to be more a way we choose to make, that can inform innovative new technologies that an inspire new enterprises for making these new choices available to popular choice, making these new choices more popular, as better fit to the changing circumstances of the changing times, while letting previously popular choices fade into history as a good fit to the circumstances that prevailed at an earlier time, choosing new beginnings from time to time, and over time,

• narratively, upstream of the stream of commerce, through institutions of Civil Society for curating
  • our social stories of the possible and the permissible, and
  • our social norms of the right and the true and the good and the beautiful;
• predistributively, also upstream of the stream of commerce, through institutions of Finance for
  • aggregating money set aside by others, for a future purpose, for a future time, and made available for investment as financing for Enterprise for use as capital in business, to shift some of the burden of our earning from our shoulders to our wallets; and
  • allocating those aggregations as money made to flow into enterprise, for use and capital in business, through financial mathematics for calculating a cost for the use of that money, that determines:
    • qualifications for financing (demonstrated ability to pay the cost);
    • the time and timing of the financing (all financing is only temporary); and
    • the conditions that must be honored in how the business does business in order to keep the financing in place, as originally agreed
• disributively, in the stream of commerce, through institutions of Enterprise for
  • concentrating time, effort and expertise
  • on doing the work of transforming cost-for-value into value-for-price
  • by organizing configurations of Knowledge + Networks + Routines for creating through curation an abundance of unique artifacts of that concentration of time, effort and expertise, in surplus for sharing with others in exchange for a price paid in money, or other value that can function as money; and
• redistributively, downstream from the stream of commerce, through institutions of Politics for:
  • managing the public fisc, in the public interest; and
  • exercising public force to right the wrongs when individuals or institutions get things wrong.

Today, these institutions operate at truly planetary scales, powered by money and technology that flows across the planet, connected by computers for the creation and communication of digitized information.

Which means that today we have to upgrade the operating systems of our institutions, to operate at planetary scale, within planetary limits.

This includes updating our common sense of the capacity that personal computing technologies of spreadsheet math, desktop publishing and digital communication give the fiduciary stewards of forever money aggregated into social trusts for Workforce Pensions and Civil Society Endowments, to allocate those aggregations through the financial mathematics of Exit by Amortization, to an actuarial/fiduciary cost of money, plus opportunistic upside, from free cash flows through Enterprise that are prioritized by contract for Suitability, Duration and Stewardship, on a planetary scale, and within planetary limits.

We can and should make those upgrades and updates, and stay current with evolving changes in the changing times, through popular participation in deliberations by citizens juries and assemblies..