Permaculture Research Digest

Monday 12 September 2016

Macro-economics for permaculture (report)

For the past few years, Capital Institute has been on an evolutionary learning journey…searching for a path that will lead beyond our current unsustainable economic system and the finance-dominated ideology that drives it. They call it Regenerative Capitalism. Ex-Wall Street economist John Fullerton writes in his introduction:

'My most startling discovery  was that the modern scheme of economics and finance formed the root cause of these systemic crises. My struggle to find a credible alternative framework for economics and finance sharpened my interest in the intellectual and scientific underpinnings of “systemic” or “holistic” approaches. I began by studying how we might apply the lessons of living systems to economic systems...I then discovered that scientists were turning the rules by which living systems sustain and regenerate themselves into empirical principles of systemic health and development, which applied as much to nonliving systems, including economies, as to ecosystems and living organisms.'

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