The Economics of Kindness: The End of Capitalism and the Birth of a New Cooperative Economy.
Today’s economy has become for many a kindness-free zone, in which most of the benefits go to the rich, while others suffer, and nature is assaulted.
Capitalism is based on the competitive pursuit of self- interest, but a new economy is emerging to replace it, based on cooperation and kindness. It is being built in cities and on farms, in new kinds of business and banking, and in new approaches to work.
Guy Dauncey is a futurist who works to develop a positive vision of a sustainable future, and to translate that vision into action. His work has been enthusiastically received by environmental activists, politicians, scientists and community planners, including prominent Canadians such as David Suzuki and Elizabeth May. He is the author of Journey to the Future and The Climate Challenge: 101 Solutions to Global Warming.
9. TACKLING ECOLOGICAL IGNORANCE
At any college or university, starting in 2020,
require that every entry student must have passed a
fundamental course in
ECOLOGY 101
12. All students
All candidates for School Boards
All new teachers, school board staff
Candidates at elections
Candidates for non-profit leadership roles
57. Massive acceleration to achieve 100%
renewable energy needs an investment of
$1.5 to $2 trillion a year.
$300 billion a year is needed in public grants.
Chief Economist
World Future Council
58. “Climate change initiatives offer a $5-7 trillion
funding opportunity for capital markets.”
Mark Carney, Governor of the Bank of England
59. Established to keep the global temperature
increase below 2°C by investing in
low-emission climate-resilient development.
66. Distributes $300 Billion a
year as leverage to attract
private capital
which invests
$1.2 trillion a year
in renewable energy
and climate solutions
67. Not an inflationary risk
Global economic output: $80 trillion a year
Global Central Banks Climate Stimulus
$300 billion a year
0.375% monetary increase a year
68. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
69. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
70. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
71. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
72. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
73. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
74. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
75. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
76. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
77. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
78. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
79. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
80. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
81. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
82. An Economy in Harmony with Nature
The Prime Causes The Solutions
“Humans first” mindset. Ecological ignorance. Ecology 101 for schools, college, business, public office.
Pursuit of growth, GDP Harmony with Nature goals & indicators.
Fear of unemployment, poverty Full employment policy. Tackling inequality. Jobs. Basic
Income. Worksharing. Wealth-sharing.
Population increase Population control aid in developing world
Self-interest business = capital maximization Social businesses
Self-interest banks = capital maximization Social banks. $2 million Sustainability Review Board
Consumerism and waste Circular Economy, Zero Waste
Tax policy supports extraction and exploitation Eco-Taxation. Close the tax havens. Ecological tariffs.
Weak or no regulations, local, national, global Eco-Regulation
Macro-economic goals for inflation, GDP New macro-economic goals. QE for Nature and Climate.
Fossil fuels = climate crisis 100% renewable energy
Weakness of ecological democracy Ecological democracy. Strong NGOs, eco-activism
Corporate control of the media Democratic media reform
Democracy corrupted by big corporations Campaign finance reform
94. TEN BIG POVERTY SOLUTIONS
Affordable housing Families & children
Basic Income,
monthly or annual
Guaranteed work
and labour unions
Community wealth Health and dental
Disability and poverty
compassion
Individual endowments
Earn higher wages Justice in taxation
130. I: Individual Endowments
A Personal Capital Endowment
Average $20,000 either at birth
(Baby Bonds, held in trust) or at age 21.
A Commons Capital Endowment
A % of shares from every IPO (Initial public
offering) is channeled into public ownership
or
Firms are required to issue 1.5% new shares
each year, placed in a Citizens’ Trust.
131.
132. Piketty’s Wealth Tax Ideas
Net worth Tax
Up to $1.3 million 0%
Up to $6.5 million 1%
Above $6.5 million 2%
Above $1.25 billion 5-10%
133. J: Justice in Taxation
• More progressive rate structure, top rate
65%
• Progressive lifetime capital gains tax,
including inheritances
• End tax credits and deductions that
disproportionately benefit the rich
• Close every Tax Haven
139. Offshore tax evasion in
Vancouver real estate
Ian Young, South China Morning Post
140.
141.
142.
143.
144.
145.
146.
147.
148. Tax Havens – Tariffs and Sanctions
Swiss banks hold €500
billion of French,
German and Italian
money, 80% of which
still evades taxes.
149. Tax Havens – Tariffs and Sanctions
This represents a
tax loss of €15
billion to these
three countries.
150. Tax Havens – Tariffs and Sanctions
These three
countries could
recover their loss by
a 30% punitive trade
tariff on Swiss
exports.
151. Tax Havens – Tariffs and Sanctions
The financial sector
is 11% of
Switzerland’s GDP,
but tax evasion only
contributes 3%, or
$15 billion a year.
152. Tax Havens – Tariffs and Sanctions
The Swiss people
would quickly
respond to such
tariffs, and organize
a referendum to end
the Swiss banks tax
evasion activities.
153. Average entry-level factory worker
Average CEO of a large corporation
What do you think their wage ratio is?
$xx : $xx
154. What do you think their wage ratio
SHOULD BE?
$xx : $xx
155. What do Americans think
the CEO/Worker pay gap is?
What people
think it is
What people think
it should be
Strong Democrats 36 to 1 5 to 1
Strong Republicans 40 to 1 12 to 1
High School drop-outs 60 to 1 5 to 1
Graduate degree 40 to 1 12 to 1
Actual 829 to 1
156. What do Americans think
the CEO/Worker pay gap is?
What people
think it is
What people think
it should be
Strong Democrats 36 to 1 5 to 1
Strong Republicans 40 to 1 12 to 1
High School drop-outs 60 to 1 5 to 1
Graduate degree 40 to 1 12 to 1
Actual 829 to 1
157. What do Americans think
the CEO/Worker pay gap is?
What people
think it is
What people think
it should be
Strong Democrats 36 to 1 5 to 1
Strong Republicans 40 to 1 12 to 1
High School drop-outs 60 to 1 5 to 1
Graduate degree 40 to 1 12 to 1
Actual 829 to 1
158. What do Americans think
the CEO/Worker pay gap is?
What people
think it is
What people think
it should be
Strong Democrats 36 to 1 5 to 1
Strong Republicans 40 to 1 12 to 1
High School drop-outs 60 to 1 5 to 1
Graduate degree 40 to 1 12 to 1
Actual 829 to 1
164. “If it’s not fun, it’s not sustainable.”
- Guy Dauncey
165. The Gratitude Pledge
In deepest gratitude for having been given the gift of Life,
and the wonders that accompany it;
In gratitude for the Earth our home, for Nature, and all the
incredible species we share her with;
In gratitude for all who work to make this world a better
place, and all who have done so in the past, stretching far
back into the mists of time;
In gratitude for the freedom I have to choose my path
as I take my turn in carrying the baton of life;
In gratitude for these gifts, I PLEDGE that I will use my life
to serve the betterment of all living beings,
the healing of suffering,
and the restoration of our beautiful planet the Earth.
From Journey to the Future: A Better World is Possible, by Guy Dauncey