In light of the failures of our political, economic, and social institutions to rise to the challenge of a national public health and economic crisis, it seems more important than ever to get clear on possible pathways to new political, economic, and social paradigms.
There is a lot of talk right now of transformation, led largely by Black Lives Matter and the Movement for Black Lives, and the growing movements for a transformative Green New Deal, for Climate Justice, and for a livable future. Of course, there is growing clarity from the midst of this debilitating global pandemic (especially inside the United States, which is increasingly registering as a failed state) that transformation is exactly what we need.
Emerging movements are organizing the types of planetary-scale immune responses to planetary-scale destruction that Paul Hawken detailed in his powerful book Blessed Unrest.
Blueprints for strategically replacing genocidal and ecocidal systems are being laid down.
But our politics, economics, and culture still barely register this profound call.
In order to dig in deeper, here is an overview of one emerging framework, republished from the Capital Institute in its entirety:
8 PRINCIPLES OF A
REGENERATIVE ECONOMY
OUR REGENERATIVE STORY STARTS WITH A SINGLE CORE IDEA
The universal patterns and principles the cosmos uses to build stable, healthy, and sustainable systems throughout the real world can and must be used as a model for economic-system design.
We then distill our research into key interconnected principles that underlie systemic health and collectively represent the eight principles of a Regenerative Economy :
1. In Right Relationship: Humanity is an integral part of an interconnected web of life in which there is no real separation between “us” and “it.” The scale of the human economy matters in relation to the biosphere in which it is embedded. What is more, we are all connected to one another and to all locales of our global civilization. Damage to any part of that web ripples back to harm every other part as well.
2. Views Wealth Holistically: True wealth is not merely money in the bank. It must be defined and managed in terms of the well-being of the whole, achieved through the harmonization of multiple kinds of wealth or capital, including social, cultural, living, and experiential. It must also be defined by a broadly shared prosperity across all of these varied forms of capital. The whole is only as strong as the weakest link.
3. Innovative, Adaptive, Responsive: In a world in which change is both ever-present and accelerating, the qualities of innovation and adaptability are critical to health. It is this idea that Charles Darwin intended to convey in this often-misconstrued statement attributed to him: “In the struggle for survival, the fittest win out at the expense of their rivals.” What Darwin actually meant is that: the most “fit” is the one that fits best i.e., the one that is most adaptable to a changing environment.
4. Empowered Participation: In an interdependent system, fitness comes from contributing in some way to the health of the whole. The quality of empowered participation means that all parts must be “in relationship” with the larger whole in ways that not only empower them to negotiate for their own needs but also enable them to add their unique contribution towards the health and well-being of the larger wholes in which they are embedded.
5. Honors Community and Place: Each human community consists of a mosaic of peoples, traditions, beliefs, and institutions uniquely shaped by long-term pressures of geography, human history, culture, local environment, and changing human needs. Honoring this fact, a Regenerative Economy nurtures healthy and resilient communities and regions, each one uniquely informed by the essence of its individual history and place.
6. Edge Effect Abundance: Creativity and abundance flourish synergistically at the “edges” of systems, where the bonds holding the dominant pattern in place are weakest. For example, there is an abundance of interdependent life in salt marshes where a river meets the ocean. At those edges the opportunities for innovation and cross-fertilization are the greatest. Working collaboratively across edges – with ongoing learning and development sourced from the diversity that exists there – is transformative for both the communities where the exchanges are happening, and for the individuals involved.
7. Robust Circulatory Flow: Just as human health depends on the robust circulation of oxygen, nutrients, etc., so too does economic health depend on robust circulatory flows of money, information, resources, and goods and services to support exchange, flush toxins, and nourish every cell at every level of our human networks. The circulation of money and information and the efficient use and reuse of materials are particularly critical to individuals, businesses, and economies reaching their regenerative potential.
8. Seeks Balance: Being in balance is more than just a nice way to be; it is actually essential to systemic health. Like a unicycle rider, regenerative systems are always engaged in this delicate dance in search of balance. Achieving it requires that they harmonize multiple variables instead of optimizing single ones. A Regenerative Economy seeks to balance: efficiency and resilience; collaboration and competition; diversity and coherence; and small, medium, and large organizations and needs.