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The Next Trillion Dollars

An interesting commentary in the Christian Science Monitor, and reprinted at CommonDreams, calls for spending the next trillion dollars (equal to the amount we’re likely to spend on the Iraq War) for the good of humanity. Here’s a sample:
“Let’s allocate another trillion dollars—but this time for the good of all humanity and all species. Let’s do it with the same moral urgency and vision that has made America great at so many critical junctures in history. There’s an emergency and an opportunity out there that calls for The Next Trillion. It’s about more than geopolitics and petrodollars. It’s about more than the science of climate change. It’s about the need for global economic institutions to evolve in response to the social and environmental challenges of our time: growth in population, accelerating technological change, accelerating capital flows, growth in consumption, increasing pollution, widening wealth gaps.”
Tasch argues that the financial returns of the 20th century largely depended upon unsustainable environmental and social trends, and they remain inadequate to move the world’s economies in a bold, new direction. He argues that we need to invest that trillion dollars in $250 billion chunks in the following areas: clean energy and energy efficiency; carbon sequestration and bioremediation; sustainable food and forests; and, community development. Tasch, who is chairman of Investors’ Circle, a network that connects patient capital investors with early-stage companies and venture funds that promote sustainability, knows what he’s talking about. As the US emerges from a dark age of fast money and cowboy diplomacy this just may be the economic and social hook upon which to hang our hat. Or, as Tasch notes, “Slowing money down, bringing it back down to earth, thinking longer term, recapturing money, and redeploying it as an agent of community and bioregional health, creating what some have called “virtuous globalization” or, even, localization – this is the next great work.” Read the full article here.


The Limits to Growth and Greece: Systemic or Financial Collapse?

Could it be that the ongoing Greek collapse is a symptom of the more general collapse that the Limits to Growth model generates for the first two decades of the 21st century? Author Ugo Bardi (Extracted: How the Quest for Mineral Wealth is Plundering the Planet) examines the correlation between what is unfolding between Greece […] Read More..

Economic Development is Broken. Here’s How to Fix It

Economic development today is completely broken. That’s the argument of author Michael Shuman in his new book, The Local Economy Solution. The singular focus on attracting global corporations is not just ineffective but counterproductive, Shuman argues, especially given the huge opportunity costs. Indeed, it’s not far-fetched to suggest that the best way most communities can […] Read More..

A Mini-Festo for Earth Day – Rebuild the Foodshed

For the past month, author Philip Ackerman-Leist has been on a Twitter MiniFesto campaign – each day sending out a new tweet designed to spark conversation and pass along some lessons he learned whilst working on his last book, Rebuilding the Foodshed. You might also know Philip as the author of his memoir Up Tunket […] Read More..

Chelsea Green to Revolutionize Industry with Edible Books

Move over Gutenberg: In advance of Earth Day 2015, environmental publishing leader Chelsea Green Publishing is announcing the introduction of an entirely new type of book – the completely biodegradable, and in certain instances edible, book. While some publishers tout the recycled content of their papers, or use of soy-based inks, Chelsea Green, which turned […] Read More..

Get More from Your Mission: The Social Profit Handbook

For-profit institutions measure their success primarily by monetary gains. But nonprofit institutions are different; they aim for social profit, or improving the well-being of people, place, and planet. The Social Profit Handbook draws from author David Grant’s decades of leadership in the education, foundation, and nonprofit worlds, and provides  leaders of social profit institutions with […] Read More..