COVID-19 has definitely confirmed one thing UBS, UBI and a overhaul of the purpose of the economy, changing the goal as Kate Raworth would say, is going to have to be at the heart of any chance of anyone having the capacity and structure to think beyond themselves.
The changes will keep happening to us, but whether we can respond or just flap about in a set of crisis one after the other and metaphorically drown from exhaustion of flapping, is going to be down to what conditions we create and wow we are screwed with this government.
Even within the philanthropic and funding world, caution and risk is pretty high even where there is signs of the future it’s not flooded with support or unpacked boldly, climate funds are a subset, this is all terrifying really. The future is being unpacked by heroics ..
.. of trying to show new ways, and the absolute exhaustion of those people and worlds rather than a flooding or resource and momentum. It’s all pretty bonkers, things are already worse than any predictions for now, so I just don’t actually understand what’s happening, deep down.
I get that everyone trying hard, I get it; but take the best bits of learning how to invest in revolution from Silicon Valley, they flooded the space with resource, take out the bros, insert governance and let’s go, what are we waiting for, we have literally nothing to lose.
Where’s the 1000 big bets towards something better, no one has the whole answer no one no matter how much they convince you, so the best we can do is bring loads of parts, learn, and let what’s next emerge, yes whilst all the other things policy, government, corporate it’s and
.. and ... and. But, we need to move, we need to move, snd absolutely work our socks off, and millennials who are the first of the cycle to be a lot worse off than the gen before materially and everyone onwards need you to INVEST BOLDY.
100, £10 million, 10 year investments with a few key governance rules around the purpose incentives, exit and remuneration, and then let’s go. The regenerative renaissance will need a Silicon Valley style dump of money, lifestyle, aspiration attached to it otherwise ..
.. a week away to Spain on a cheap flight will be the highlight escape from a life where you working towards something pretty much in conflict with the futures we need, ain’t exactly very desirable.
That’s only a minuscule of what track and trace cost, but at least you’d have 100s of ways forward that are irresistible whilst the big issues are resolved, the peopledem can be part of that story up and down the country. What technically would it take for all the funders ..
... to get a £1 billion together between them and distribute it to 100 investments across the country in the next 12 months. Not that much. It’ll just feel impossible when it’s not a crisis. It’ll become so sexy everyone will start doing it, and then from the ground up ..
... we can change the game or give different ways forward.
It’s just an and. It’s not a this capital flow won’t shift that capital flow conversation, it’s just one part of some conditions and ways forward, that we should commit to now.
I know I say this sort of stuff at least once a year, but if your a high net worth individuals with like £100 million you want to invest over the next decade into people building new economies, platforms for ways forward, get in touch let’s at least get started.
I’ll always try say this, for those of you who LOL yes I know I’ve been saying this for years and years.
We will have to simultaneously work fast and make it irresistible otherwise a cheap week away to escape this life will stay the goal, and whilst I don’t mind a cheap week away, there’s much better ahead for us all.
You don’t have to have every part of the story solved to start, nothing ever happens like that, ever, not even out everyday lives, we sense our way forward with histories, rules, cultures, memories that make us go oh ok I do this next, we can take the best of our histories ..
... forward, but we don’t need everything lined up to create islands of coherence, inspiration, practice, action what will the regenerative renaissance feel like, what will the work be, how will we live together, we can start at any scale.
Tell me what’s the worse that can happen if we move some big stagnating money towards some big ideas with some good rules and governance, what’s the worst that can happen?
We all know there isn’t going to be some overnight swing from rampant capitalism for shareholder return to utopian socialism where everything is ok, we are going to need bits of everything for different things, we need the state for some things, we need competition for ..
... others, we need something new we don’t yet know, we need some of what we know from our histories, it’ll be discovered, we can’t wait for a year like 2020 to suddenly figure out what to do, and we need to resource lots of ways to emerge plurally, as we know it’ll be a while ..
... before there’s some other way of implementing and living so it’s the ideas, and work for those to grab that need to be everywhere, it’s ways of living and goals that are better that we can show, create, practice in the everyday.
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I’ve been meaning to do this thread for a while, but never quite get the chance to stop and word it quite right, but over the years with anything #DoughnutEconomics related two things happen, and I thought I’d explain those two things and answer some of the questions people pose.
So, it is really exquisite work, but I hadn’t quite realised that fully until this year, and I think I realise that a bit more now, and wanted to share. Most of my experiences without it were absolutely gut wrenching inspiration, like exploding out my heart type thing when I ..
... heard Kate talk about this idea, it’s so simple, so much common sense, like surely of course we all should have known this, starting back in 2018, when Andy shared the book at the Hub, every talk, every exploration was exactly that so inspiring, so I went back and read ..
Any person, group, community, neighbourhood, org, place getting up and trying to put their frustration, hopes, energy into action isn’t in opposition or anyone else doing anything to other groups, not MPs, not councillors, not councils, not peers, I know everything feels zero ..
... sum, I know so many are incentivised to only be able to do anything they can take credit for, I know it’s hard we have to be aware of power, resource, capacity, but it’s not a zero sum battle against each other, we all need 1000x more to find ways through what is here ..
I’m still fascinated by the psychology where whatever happens with the kids is just a big experiment, infection, variants, long COVID, just anything to prop and ensure we don’t forget most of our economy functioning is based on consumption, and we need to get out and spend.
If the NHS is exhausted well that’s their job, well the kids, we’ll just see what happens.
Like this is how the micro parts of our unspoken social contract is made, and this is what we decided. I find this absolutely fascinating.
I know I am biased, but I’m consistently deeply inspired by the way @indy_johar, @joostbeunderman + everyone who came after have built DM, openly, never shying away from the hard questions, never bowing to people saying well that’s not possible, or that’s too bold, or complex ..
... to then go an build a 50 person team around the world, grow the structures, governance and practice to learn, grow and craft this emerging practice, and go forth with the contradiction and tensions that exist but also recognise that whilst none of us have the answers ..
... there’s a big difference between saying it’s not possible to change that, or then say here’s how you might change that, and to go further stick your head above the parapet and say we are going to be propositional, hands on and intentional about that. Make no mistake that ...
Underrated basic leadership skill is knowing when your not the right person to hold something anymore, your not doing a great job or someone can hold it much better, even better celebrating + embracing peeps who are able to take it further, better.
The ego, fear of displacement, insecurity, entitlement is a bitch in these scenarios, but the only way to something better is to confront this stuff in ourselves, because holding on to sinking ships or holding on to that no longer for us, is zero sum too.
Or if we do want to, hold on to something the active transformation we have to do to learn, be better, improve, has to be exactly that, active, honest, open, bright, exciting, enticing. Basic first principles still matter here, people around you need to love, how you ..
Our default doesn’t have to be combative, well I wouldn’t do it like that, I’d do it much better, it can just be complementary or learnt from, or an example of wanting to do the opposite, different route, embrace the nuance or learn from the tactics good or bad.
Strengthening the gaps between the nodes, placing love, learning, trust, care, empathy, compassion, a bit of space for getting it wrong or wanting to take a different route. Not opposite magnets trying to prove each other wrong constantly, while the big picture gobbles us up.
Ultimately, I’m fully here anyone who is trying to put their head above the parapet towards a kinder, more equitable, just, better future, because everyone is going to chuck rocks, the system, peers, those on the same side, those driving a different outcome, + man it’s tough.