- Jan 2024
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docdrop.org docdrop.org
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for: elephants in the room - financial industry at the heart of the polycrisis, polycrisis - key role of finance industry, Marjorie Kelly, Capitalism crisis, Laura Flanders show, book - Wealth Supremacy - how the Extractive Economy and the Biased Rules of Captialism Drive Today's Crises
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Summary
- This talk really emphasizes the need for the Stop Reset Go / Deep Humanity Wealth to Wellth program
- Interviewee Marjorie Kelly started Business Ethics magainze in 1987 to show the positive side of business After 30 years, she found that it was still tinkering at the edges. Why? - because it wasn't addressing the fundamental issue.
- Why there hasn't been noticeable change in spite of all these progressive efforts is because we avoided questioning the fundamental assumption that maximizing returns to shareholders and gains to shareholder portfolios is good for people and planet.**** It turns out that it isn't. It's fundamentally bad for civilization and has played a major role in shaping today's polycrisis.
- Why wealth supremacy is entangled with white supremacy
- Financial assets are the subject
- Equity and bonds use to be equal to GDP in the 1950s.
- Now it's 5 times as much
- Financial assets extracts too much from common people
- Question: Families are swimming in debt. Who owns all this financial debt? ...The financial elites do.
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meme
- wealth supremacy and white supremacy are entangled
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Tags
- elephant in the room - financial industry at heart of polycrisis
- book - Wealth Supremacy - How the Extractive Economy and the Biased Rules of Capitalism Drive Today's Crises
- magazine - Business Ethics
- Capitalism crisis
- Marjorie Kelly
- Laura Flanders show
- polycrisis - key role of finance industry
- magazine - Business Ethics - founder - Marjorie Kelly
Annotators
URL
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- Jan 2023
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docdrop.org docdrop.org
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that will be my second point and it's something that is not often mentioned capitalism the capitalism that we have known in the 00:47:54 last 30 40 years overcome the climate crisis that the capitalism helped create it's a rhetorical question but it also makes sense because if the answer is no 00:48:06 then we're wasting our time
!- Urrego : second point - can the same capitalist logic be used to solve the crisis it created?
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- Jan 2022
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notesfromasmallpress.substack.com notesfromasmallpress.substack.com
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If booksellers like to blame publishers for books not being available, publishers like to blame printers for being backed up. Who do printers blame? The paper mill, of course.
The problem with capitalism is that in times of fecundity things can seem to magically work so incredibly well because so much of the system is hidden, yet when problems arise so much becomes much more obvious.
Unseen during fecundity is the amount of waste and damage done to our environments and places we live. Unseen are the interconnections and the reliances we make on our environment and each other.
There is certainly a longer essay hiding in this idea.
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