John Fullerton: Collaboration and The Regenerative Economy Movement
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What is the regenerative economy movement? Can it help us overcome our societal addiction to growth and transform the current economy? Joining us today to unpack these questions is John Fullerton, the Founder and President of the Capital Institute, a self-described unconventional economist, teacher, writer, and impact investor.
Tune in as we talk with John about his background in finance, why he walked away from Wall Street, and the key ideas that lie at the heart of the regenerative economy movement. We explore the core problems of finance ideology, the essential role of collaboration in transforming our economy, and some of the inspiring initiatives that are successfully employing regenerative economics principles.
If you’re interested in joining the regenerative economy movement, consider Capital Institute’s Finance for a Regenerative Economy online program. The eight-week program comprehensively explores regenerative finance through the impact of investment, money, and banking.
Use our discount code, 10LIFTECONOMY, for 10% off. Please note that this applies to the entire Finance program, as well as the Investment, and Money and Banking courses that can be purchased individually.
Join us for an expansive conversation on the regenerative economy movement and discover how you can become a part of this growing community.
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Key Points From This Episode:
Some background on John and the roots of regenerative economics. [0:01:36]
Three examples of initiatives employing the principles of regenerative economics [0:04:25]
Key principles that John teaches regarding regenerative economics. [0:11:46]
What it will take for us to work collaboratively across institutions and transform our economy. [0:17:12]
Unpacking our societal addiction to the growth economy and thoughts on how we could find a different path forward. [0:21:27]
The pivotal challenges facing the regenerative economy movement and how we need to rethink finance ideology. [0:25:43]
An overview of some of the top female economic leaders in this space; how to shift the paradigm so that more women can see themselves as economists. [0:32:22]
The difficulties women face in entering the field of economics; John’s criticisms of economic institutions and the advice that John would like to give to women. [0:37:10]
An open invitation to join Capital Institute’s course community. [0:40:18]
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Quotes:
“If the economy is to be regenerative, all of the parts of the economy need to be regenerative.” — John Fullerton [0:15:05]
“It's not about setting better goals or different goals, although goals are useful. It’s about aligning with life to create the potential for more life to emerge.” — John Fullerton [0:15:35]
“We all feel helpless to shift the monolith of the system, and at times, hopelessly so. I've had conversations with CEOs of big businesses who feel helpless to change the system. They see what we see, but they're trapped in a system as well.” — John Fullerton [0:17:21]
“If a CEO on his or her own wants to radically change their business model [in a way] that would have a short-term cost implication on their profits, they’ve got a board of directors that will boot them out the door.” — John Fullerton [0:17:52]
“I think there's a pathway to prosperity, both material and certainly non-material, that is way larger than we realized.” — John Fullerton [0:23:58]
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Links Mentioned in Today’s Episode:
John Fullerton: https://capitalinstitute.org/director/john-fullerton/
John Fullerton on LinkedIn: https://www.linkedin.com/in/john-fullerton-a5abbb4/
Capital Institute: https://capitalinstitute.org/
Finance for a Regenerative Economy Online Program: https://capitalinstitute.org/finance-for-a-regenerative-economy/
Use LIFT's 10% off discount code: 10LIFTECONOMY
Club of Rome: https://www.clubofrome.org/
The Limits to Growth: https://www.clubofrome.org/publication/the-limits-to-growth/
Herman Daly: https://www.nature.com/articles/s41893-022-01041-0
Allan Savory: https://help.savory.global/hc/en-us/articles/5887380357780-Who-is-Allan-Savory
Savory Institute: https://savory.global/
Mondragon: https://www.mondragon-corporation.com/en/
Roxanne Manning: https://roxannemanning.com/
The Master and His Emissary: https://channelmcgilchrist.com/master-and-his-emissary/
Laura Storm: https://laura-storm.com/
Elinor Ostrom: https://www.britannica.com/biography/Elinor-Ostrom
Donella Meadows: https://donellameadows.org/
Nwamaka Agbo: https://www.nwamakaagbo.com/
Stephanie Kelton: https://stephaniekelton.com/
Modern Monetary Theory: https://www.investopedia.com/modern-monetary-theory-mmt-4588060
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