The published article that followed from this is A decisive moment for Investing in Sustainability, published in New European Economy in Apr 2011. Back when I saw this particular event emerging I told people “We’ll definitely notice this one”. There’s much more to come people still don’t expect at all.
John, your new post on the food crisis, “As Goes Egypt”, is great. To me how to connect economic theory with the natural world starts with learning how to read the behaviors of the system as a whole, looking for things no one has any theory for.
That includes strains that are not supposed to be there, like hitting the hard global limits of affordable food, fuel and water, etc. My research method basically rests on emerging growth systems being invariably unstudied, because growth indicates nature doing something new. Continue reading “The big Crunch” natural limits and the food crisis→
The ideal investment …. for people think of investment only for the money is one that assures that putting money in will let you take more out, and let you add that gain to your investments over and over and over. One can only imagine that to be sustainable, though, when considering nature as a concept rather than an environment. Continue reading Why finance has a bigger appetite than the earth→
Designing a “dashboard” of “Outcomes and Metrics” for guiding worldwide efforts for our pulling back from the brink of of environmental catastrophe, to begin healing our relationship with the earth, is of some considerable importance, and a fascinating task. Below is one email exchange and links.
Applying the transformational vision of Four Years Go a work group developed a draft plan and resources for a comprehensive transformational approach you can find linked to our draft 4YG Dashboard (image below). We wanted to use a wiki to develop key indicators of essential changes in direction, of material, political and spiritual transformation, within 4 years.
Our starting points had been other models, like the Ursula Project’s metrics of sustainability and the European Commission’s MDG Goals Dashboard. We also looked at different PES (Payment for Environmental Services) approaches, and found them objectionable, and CSR (comprehensive sustainability reporting) models, but found them nebulous for our purpose, of defining concrete achievement goals. We ended up having difficulty deciding what to include, not understanding each other’s definitions, and with other 4YG work groups getting more attention. We seem to have accomplished a lot in terms of the conceptual design, though.
You’re right, there still is a need for a more ethical ‘dashboard’ than the approach the financial community seems to be taking with “Payment for Environmental Services” (PES) instruments, and “Sustainable Performance Indicators” seemingly for monetizing all of nature for trading in new commodities markets, like repackaged mortgages are!
The Ursula Project model does show considerable effort in constructing a holistic measurement system. Their metrics are interesting too. They seem to rely on consensus value judgments, though, and not to identify physical boundaries or thresholds.
My comment pointed out that trying to fix what went wrong in prior financial system failures to prevent the next, is what led to the next not the solution, for a curiously visible reason. A link to Dmitri Orlov’s new video on what happens if these kinds of systemic contradictions are not attended to, and my comment, are below as well.
The curious omission by Haldane and May, as well as by Johnson and Lux in their critiques, is not considering the place of this financial collapse in history.
This was only the biggest and most recent instance of extreme over-inflated financial expectations collapsing the environment they were part of.
…this week’s global run on credit seems like a casebook example of how a natural system failure to provide growing physical returns on investment would effect financial commitments for endlessly growing financial returns. They naturally conflict.
One thing we can do is watch it closely, so others may learn from our experience. Because systemic collapse is a big physical process in a big physical system, displaying all-together new kinds of rapidly spreading behaviors, watch for that. If you see that sort of thing perhaps you’ll ‘believe your eyes and ears’ and not feel the observations were ‘planted’ in your imagination somehow.
Remember what things seemed to mean before and after,
and make note of it.
marking a map to help navigating the sysems territory
One of the things that Roger’s comments bring out about the discontinuities you find in tracing organism growth (epigenesis) is the question of markers. Normal single growth curves are famous for representing huge changes and having almost no markers at all to signify what’s really happening.
There really are only two places on them that are easy to mark, the upward and downward inflection points (¸¸ .·|´ ¯ and ¯`|·. ¸¸ respectively). The origins and endings of the curves seem completely disguised by the smallness of events at their tails.
Elsewhere in the history of their changes the wide distribution of seemingly unconnected but well orchestrated events makes it very hard to single out any particular thing for significance. The inflection points, however, can be made quite mathematically precise, and do approximately correspond to matching major changes in what’s going on. Continue reading Quite easy to mark→
New design pattern science for working with natural systems.