SOCIAL IMPACT
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ENVIRONMENTAL IMPACT
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ECONOMIC IMPACT
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There is a cost of living to support quality of life
There are contributions that people make
There is net benefit AND change to capitals (hopefully positive)
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There are storms, earthquakes and natural disasters
Ecosystem services are a source of all value
There is net benefit AND change to capitals (mostly negative)
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There are operating costs for all oconomic activities
There are benefits from economic activity
There is net benefit AND change to capitals (hopefully positive)
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MANAGE
ALL
THE ACTIVITIES AND ACTORS
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CONSUMPTION DRIVING THE MODERN ECONOMY
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CONSUMPTION
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IMPACTS OF PRODUCTION
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Quality of Life
SOCIO
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Pollution
ENVIRO
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Profit
ECONOMIC
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Consumption is driving the modern economy. It looks like success as long as the depletion of natural resourcs and the degradation of the environment is ignored.There is strong correlation between better quality of life and more consumption in poor economies, but less so in mature rich economies. Rich economies are increasingly associated with catastrophic pollution, waste, inequality and inefficiency.
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MOST ACTORS ARE PEOPLE ... WHO SHOULD BE HELD ACCOUNTABLE
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PEOPLE HAVE A VARIETY OF DIFFERENT ROLES
MANAGE SO THAT EVERYONE IS ACCOUNTABLE
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AS INDIVIDUALS
Live life ... work & family
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IN ORGANIZATIONS
Do the work ... make the decisions
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AS INVESTORS
Allocate financial resources
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Prevailing metrics and financialization have had mixed results ... very good economic ouitcomes for an elite few, but extremely disappointing for everyone else. The concentration of wealth and power is fueling global discontent in very destabilizing ways, including social discontent and anger at the establishment elites and increasingly out-of-control climate instability.
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NATURE IS ALSO AN ACTOR ... AND SHOULD BE RESPECTED
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NATURE PREDATES PEOPLE BY BILLIONS OF YEARS
AND IS THE SOURCE OF ALL VALUE
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FOR EXAMPLE NATURE MAKES A FISHERY SUSTAINABLE
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JUVENILE NURSERY
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INDUSTRIAL FISHERY
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SEAFOOD MARKET
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- Natural Capital is foundation for this fish and food flow
- Economic Activity captures fish, employs fisherfolk and earns profit.
- Social Capital benefits from employment and food
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IMPERATIVE FOR RADICAL ACCOUNTABILITY
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EVERYTHING FOCUSED ON PROFIT PERFORMANCE MAKES NO SENSE
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We talk about profit and money and wealth
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But not about low wages, poverty and deprivation
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And how the system is rigged in favor of the wealthy
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And all sorts of abysmal hidden corporate behavior
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The only group that are protected systemically are investors ... everyone else may be lied to with impunity. In the USA it is called the First Amendment. But there is nothing to stop society from doing RADICAL ACCOUNTABILITY so that misfeasance in every aspect of society is exposed.
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