What Do You Think of this New Vision?

a whirlwind tour

everything
about
everything

all
at
once

What do you think about Economics?

from Mercantilism

through Capitalism

to Capacitism

I think about Economics as the study of the once and future history of enterprise for sharing, in exchange for a price paid in money or money equivalents, an abundance of uniquely-fit-to-the-circumstances-then-prevailing technology solutions to the everyday problems of everyday people living our own best lives as best we can, under the circumstances then prevailing, every day, through

research and scholarship on the once and future popularity – the flourish and fade of the social contract between Enterprise and Popular Choice – of adaptively evolving technology solutions to the everyday problems of everyday people living our own best lives, as best we can, every day,
to advise Financiers on
- where they can and should be allocating the aggregations they control:
- at what cost
- for what time
- on what terms
to curate the right economy for the circumstances then prevailing.

I think Economics can be, and should be, about the circumstances prevailing at the time, and how those circumstances have changed, in the past, and will change, in the future, over time, and how humanity evolves prosperous adaptations to those changing circumstances through inquiry for insight and new learning that can inform the innovation of new technologies and inspire the organization of new enterprises for making those new technologies more popular, as better fit to the circumstnaces then prevailing, causing previously popular choices to fade into history, as a good fit to the circumstances that prevailed at an earlier time, driving the flourish and fade of the social contracts between Enterprises and popular choice that is the true pulsebeat of human prosperity, and the real story of our human history.

What do you think about the Economy?

I don’t see a need for metrics.

I see a need for rubrics.

I don’t see a need for Growth.

I see a need for PEACE.

I see a need for Social Cohesion.

I see a need for Humanity in the economy as:.

a mutual aid society
for sharing an abundance of technology solutions to the everyday problems of everyday people living our own best lives as best we can under the circumstances then prevailing: the Promethean gift of fire
through networks of connections for enterprise, and exchange:
the Biblical curse of toil
using money, as a call upon the time, effort and expertise of others through legal instruments for effecting transactions between people separated by distances of time, of place and of social connection (“you don’t have to trust the other person, if you can trust their money”) as “a technology communities use to trade debts” (Michael Mainelli) through which society directs our individual time, effort and expertise into some activities (“you can make good money doing that”) and away from others (“there’s no money in that”)
creating through curation our shared social worlds of availability and ability to pay
out of which we each create through curation our own personal and private worlds through our own individual determinations of fitness for purpose, and price for performance
within built environments of Urban, Rural, Curated and Left-Alone landscapes
on the creative edge of a constantly changing and adaptively evolving Human partnership with Nature, and each other
choosing new beginnings from time to time and over time, to fit the changing circumstances of the changing times
through inquiry for
insight and new learning
that informs innovative new technologies that inspire innovative new enterprises for making new choices more popular to popular choice, as better fit to the circumstances then prevailing, causing previously popular choices to fade into history as a good fit to the circumstances that prevailed at an earlier time
driving the flourish and fade of the social contract between Enterprise and Popular Choice that is the real engine of our human prosperity, and the true story of our human history

I see a need for a Human-centered economy that is powered by the social energy of Money

as a legal instrument for effecting transactions between people separated by distances of time, of place and of social connection (“you do not have to trust the other person, if you can trust their money”)
that is “a technology that communities use to trade debts” (Michael Mainelli)
that society uses to direct the time, effort and expertise of individuals towards some activities (“you can make good money doing that”) and away from others (“there’s no money in that”).

I see a need for a Human-centered, Money-powered economy that is curated socially, through institutions of Civil Society, Finance, Enterprise and Politics.

to evolve prosperous adaptations to life’s constant changes to offer choices, and make the ability to choose, on a planetary scale and within planetary limits across five core needs of being human:

Energy and Matter, and all the raw materials
Nutrition – food and water, and all the many technologies that create through curation abundance, security and dignity
Habitation – clothing and construction for comfort and protection and associated infrastructure for utilities and transport and our occupancy of space in place more broadly
Helathcare – physical and, for lack of a better word, spiritual of people living in our own worlds with our shared worlds within the world of Nature; and
Knowledge, Information and Communication for connecting individuals to shared puprose in community, on a planetary scale, within planetary limits.

What do you think about the Individual in Society?

What do you think about Money?

a legal instrument for effecting transactions between people separated by distances of time, of place and of social connection (“you don’t have to trust the other person, if you can trust their money [and the legal system that makes something function as money]”)

“a technology communities use to trade debts” (Michael Mainelli)

the energy that societies use to direct indivdiual concentrations of time, effort and expertise into some activities (“you can make good money doing that”) and away from others (“there’s no money in that”)

What do you think about Finance?