Just received this info on a new film, Money and Life, and want to share it with you because of its importance to this moment in our evolution. It is a continuation of the thinking of Charles Eisenstein’s Sacred Economics…

John Fullerton is Founder and President of Capital Institute, a transdisciplinary collaborative space dedicated to exploring and effecting economic change. The Institute’s mission is to help create “a more just, resilient, and sustainable way of living on this earth through the transformation of finance.”

In our candid interview with John, he shared his own transformative journey that lead him from Wall Street, where he managed capital markets worldwide at JP Morgan, to establishing himself as a thought leader in the “new economy” space.

In this 5 minute clip, John speaks soberly yet with optimism about the immense challenge of our time: the biospheric reality that is forcing us to re-think economics as we have known it, which is as John states “essentially our religion today.”

Watch, listen, comment and share!

John Fullerton: The Biospheric Reality from Katie Teague on Vimeo.

And here is another clip with David Korten, author of When Corporations Rule and Agenda for a New Economy.

David Korten: Walking Away From the King from Katie Teague on Vimeo.

Here is the trailer for the wonderful film these clips are taken from.

Money & Life trailer from Katie Teague on Vimeo.

The producer and director of Money & Life, Katie Teague, is seeking $50,000 to complete this important documentary that demystifies and questions the broken institution of money. No small undertaking. The heart of her message is that debt creates scarcity and her film is an empowering wake up call to end the vicious cycle and liberate us and money from its capitalist constraints so we can celebrate abundance instead and co-create a system that serves people and the planet. And, as you can see, through her interviews, she is touching on the soul of the issue with intelligence and compassion.

“My hope is that we can create an economy where we can do what we love, where we can be rewarded for doing what we love,” Teague said. “It’s idealistic, but it’s only limited by saying it’s impossible. The movie shows that money is a human artifact. It doesn’t grow on trees or fall from the sky. “We created it, and over time it’s changed. We are living in a time of significant shift. Things change and the main institution that needs to change in our lifetimes is money.”

Please join me in helping Katie complete her project.

To read a great story on Katie and her film and ideas, click here.

REMEMBER, TO WATCH THE CLIPS CLICK ON THE YELLOW LINK TO NPD’S WEBSITE.

As all of have been made painfully aware, happiness is an inside job. We make ourselves happy and buying toys and eating food only delays dealing with deeper issues. At the same tine, the worldwide economic crises brought on by over borrowing by governments and the resultant austerity programs foisted on their citizens is both repugnant and immoral.

This is the time to turn around the economic game so it works for all of us rather than the 1%.

From the producers of The Economics of Happiness DVD which will be the subject of a review in February and whose trailer appears below comes a March Conference dedicated to the same theme. Bringing together some of the greatest economic visionaries of our time who collectively are redefining economics so that it serves people and the planet, the conference will be held from March 23-25 at the David Brower Center in Berkeley, California.

Conference themes include Breaking Down the Old Economy, Small Scale on a Large Scale, Local Futures and Reweaving the Fabric of Hope.

Among the stellar international group of presenters are Vandana Shiva, a worldrenowned activist, physicist, feminist and the founder of Navdanya, Annie Leonard, the author and host of The Story of Stuff and director of The Story of Stuff Project, Richard Heinberg, the author of ten books, including The Party’s Over, Peak Everything, and The End of Growth: Adapting to Our New Economic Reality, Bill McKibben, the author of a dozen books about the environment and the economy including The End of Nature and Deep Economy: the Wealth of Communities and the Durable Future, Helena Norberg-Hodge, the founder and director of the International Society for Ecology and Culture (ISEC) and its predecessor, the Ladakh Project. She is the author of Ancient Futures: Learning from Ladakh and producer and co-director of the film, The Economics of Happiness, Judy Wicks, the founder of White Dog Café and an international leader and speaker in the local living economies movement. Judy is co-founder of the nationwide Business Alliance for Local Living Economies (BALLE), Rebecca Tarbotton, Executive Director of Rainforest Action Network (RAN) and former Project Coordinator at ISEC. Under her direction, RAN challenges corporate power in order to protect endangered forests, transform dirty energy expansion into a clean energy future, and combat global warming.

There will also be performances by Jennifer Berezan (edgeofwonder.com), Nina Wise (ninawise.com) and Wes “Scoop” Nisker (http://woodzie.org/scoop/)

You can download the PDF Conference brochure by clicking here

The date to obtain discounted tickets is January 15, so if this is of interest to you, please check out the brochure and make your ticket purchase before then.

Please let me know if you decide to attend and perhaps a group of us can have a lunch or dinner together. I will be there to interview a few of the conference speakers in preparing my story.

In this fascinating interview, radio talk host James Martinez reveals the first hint of a people centered ethical transformative currency and banking system that just might be able to solve our economic crisis and is being put in place by a group of as yet un-named spiritual business and government visionaries in 130 countries. At a minimum, this is a piece of potential positive news to start the year. It will be very interesting to see how this story unfolds.

Derek Sivers is a highly successful entrepreneur, coach and music industry pro whose inspirational blog posts are excelent reminders about the art of humanistic business and actionable advice for musicians. I particularly like his most recent post.

I feel like I know almost nothing about business, because the only business I’ve ever done is the co-op / sharing model.

It goes like this:

1. You already have something that people want.

It might be something you own, something you’ve learned how to do, or access to valuable resources, space, or people.

2. Find a way to share it with everyone who needs it.

Share because it’s what you do for friends, because it’s the right thing to do, because it makes the world a better place, and because it’ll make you deeply happy.

Share as your contribution in return for all the things and ideas that people have shared with you.

(If you’re having a bad day, or someone has recently wronged you, you may not feel the world has shared much with you, but here’s a reminder.)

3. If it takes some effort for you to share it, you can charge a little something for your effort, to ensure that this giving can continue.

My examples:
In 1994, the U.S. Copyright office still didn’t have their copyright forms online. You still had to mail a letter to Washington DC to ask them to mail you some blank forms, if you wanted to copyright your songs. I scanned all the forms, and put them on my website for free as printable downloads, for any musician who needed them. For the next year or two, until the government started putting the forms online, my site was the only place to get them. This was my first effort to contribute back to this great invention of the internet.

In 1995, I learned how to trademark my band name. It took many hours of work to figure out the legalese, but I did it.
I wrote out the step-by-step instructions and put them on my band’s website for free. For years it was the go-to resource for musicians who wanted to trademark their name.

In 1996, I had a little record label, so I got a UPC barcode account, so I could put unique UPC barcodes on my CDs. I had to pay $750 to the Universal Code Council to get a company account, but that meant I was allowed to create 100,000 products under my account. Musician friends asked how, so I showed them how, but also said they could use one of my product IDs. At first, I did this for free, as a favor, until friends started sending strangers my way. Because it took a little work to generate the number, create their EPS/TIFF graphic barcode, and keep track of their unique IDs forever, I charged $20. Over the next 12 years, this made me almost $2 million.

In 1997, I got a credit card merchant account to sell my own CD at live shows. It cost $1000 in set-up fees and took three months of red-tape paperwork. Then I built a little online shopping cart, which also took months of work, just to sell my own CD. Musician friends asked if they could use mine instead of having to go through all of that work, so I said OK. At first, I did this for free, as a favor, until it was taking up all of my time. Because it took me 45 minutes of work to digitize, stock, set up a new album in my system, I charged $35 per new album. Because it took 10 minutes of work to pick, pack, and ship a purchased CD, I charged $4 per CD sold. Over the next 12 years, this made me about $20 million.

In 1999, I had learned a lot about hosting websites. Linux, Apache, PHP, SQL, FTP, DNS, Qmail, SpamAssassin, etc. I had done it for myself for my band’s website, then for CD Baby, and bought my own servers. So when friends would complain about their existing web-hosting company, I’d host them on my servers instead. At first, I did this for free, as a favor, until it was filling up my server. Because each server cost me $300/month, and I had to hire a full-time person to manage this, I charged $20 per month. (In 1999, this was way cheap.)
Over the next 9 years, this made me about $5 million.

Since 2000, I’ve been sharing everything I’ve learned for free. I’m not the smartest guy, probably below average, but it costs nothing to share, and it’s the right thing to do, so I do. Over the last 11 years, this made me incredibly happy and lucky, because of all the interesting people I’ve met by doing it.

Point being:

None of these things looked like a business venture.

All of them were just sharing something I already had.

People often ask me if I have any suggestions for what kind of business they should get into.

I tell them the only thing I know how to recommend: “Start by sharing whatever you’ve got.”

© 2011 Derek Sivers

Derek Sivers
Entrepreneur, programmer, avid student of life. I make useful things, and share what I learn.

Me in 10 seconds

I’m an entrepreneur. I treat work as play.
I live by “whatever scares you, go do it”.
I’m a minimalist. The less I own, the happier I am.
I’m a learning addict.
I’m very comfortable being the leader and being on stage.
This is my favorite fable.

Official Bragging Bio

 

Originally a professional musician and circus clown, Derek Sivers created CD Baby in 1998. It became the largest seller of independent music online, with $100M in sales for 150,000 musicians. In 2008, Derek sold CD Baby for $22M, giving the proceeds to a charitable trust for music education.

He is a frequent speaker at the TED Conference, with over 5 million views of his talks.

In 2011, he published a book which shot to #1 on all of its Amazon categories.

Derek Sivers lives in Singapore, where he is creating his next company.

Another great post from Daily Good.

I consider this article to be one of the most important and timely that I have published on NPD. I hope you will agree. Personally, I’ll be sending this to the mayor of Ojai and all members of the City Council to spark the ideas presented below. Please consider doing the same in your community. Together, we can help transform economics into an activity that serves the people and the planet rather than the few at the expense of the many. Clearly it is time to say ENOUGH and act to change things. It’s time for all of us to occupy the earth and co-create a world that works for everyone.

–by John De Graaf and Linda Sechrist , Original Story

Changing the Rules to Benefit America’s People

Most Americans are facing their most significant economic challenges in generations. From the hardships of unemployment to the perils of mounting debt, worry about the health of a national economy that depends on consumerism and market success dominates our conversation. But have we asked what the economy is really for?

Since the Second World War, we have been assured that more economic growth is good for us. But is it? By any measure, the U.S. economy, in its pursuit of constant growth, is in dire need of critical life support. Too many people have lost jobs, homes, scholarships and retirement savings, along with peace of mind, in the face of complex uncertainties. Those individuals that have jobs are earning less in real income than in 2001, even though they spend more hours working and commuting than previous generations.

We’ve had enough of the official mantra: Work more, enjoy less, pollute more, eat toxic foods and suffer illnesses, all for the sake of increasing the gross domestic product. Why not learn ways to work less and enjoy it more; spend more time with our friends and families; consume, pollute, destroy and owe less; and live better, longer and more meaningfully? To do all this, we need fresh solutions that engage America’s people in redefining goals for the economy (what we want from it) as opposed to the economy’s goals (what it demands from us).

An Economy Based on Quality of Life
Although an economy based on a high quality of life that makes people happy may sound revolutionary, Thomas Jefferson, the third U.S. president, enshrined the pursuit of happiness as a human right when he drafted ourDeclaration of Independence. Jefferson emphasized that America’s government was, “to secure the greatest degree of happiness possible for the general mass of those associated under it.” Likewise, the Constitution of the United States declares that government is to promote, among other things, the general welfare of the people.

Americans are able to achieve a better life, as we’ve proved many times in the past, benefiting mightily as a result of forward steps ranging from democracy, women’s suffrage and civil rights to inventive technological leadership. Although history shows that this has been accomplished primarily by changing national policies, any new economy delivering improved well-being is first brought about largely by active citizens that choose to invest more time in building a nation that reflects increasingly enlightened values.

Everyone’s quality of life—from today’s parents to future generations of great-grandchildren—depends upon individuals collectively working to build a new economy based on the concept of genuine wealth. In his award-winning book, Economics of Happiness: Building Genuine Wealth, ecological economist Mark Anielski explains this new and practical approach grounded in what people value most, which he states is: “Love, meaningful relationships, happiness, joy, freedom, sufficiency, justice and peace”—qualities of life far more vital than blind economic growth and material possessions.

Preferred Measure of Progress
To determine whether our economy promotes the greatest good or the happiness of the American people, we need to understand what makes us happy and how economic policies enhance or thwart our pursuit of happiness; we also need a better instrument of economic measurement than the gross domestic product (GDP).

The GDP counts remedial and defensive expenditures for pollution, accidents, war, crime and sickness as positives, rather than deducting these costs. GDP also discounts the value of contributions such as natural resources and ecosystem services, improvement in quality of life, unpaid domestic work, volunteer work, good health and social connection.

Anielski, in concert with economic experts such as Charles Eisenstein, author of Sacred Economy, Hazel Henderson, author of Ethical Markets, and Nobel Prize-winning economist Joseph Stiglitz, recommends that economic policies aim to boost societal welfare, rather than GDP. All agree that a new indicator of well-being, such as the U.S. Genuine Progress Indicator (GPI), could be used to more accurately measure economic progress.

The Science of Happiness
A respected “science of happiness,” pioneered by University of Illinois positive psychologist Edward Diener, Ph.D., dubbed Dr. Happiness, and other researchers, has existed for more than a decade. The study of what makes people happy and life fulfilling repeatedly demonstrates that the economic route to happiness does not consist of endlessly widening the superhighway of accumulation. Rather, it resides in a host of personal values that are closer to our hearts, as illustrated by the Himalayan nation of Bhutan (population: about 700,000).

For many years, Bhutan has measured its general well-being—as the people themselves subjectively report it—using a Gross National Happiness (GNH) index. Its government bases policy decisions on how they might effect the kind of happiness associated with contentment, family, community, spirituality, education, compatibility with nature and good physical health. After years of primary research, the Bhutanese have identified nine domains for assessing happiness: psychological well-being, physical health, time use (work-life balance), community vitality and social connection, education, cultural preservation and diversity, environmental sustainability, good governance and material well-being.

In 2004, the first annual International Conference on Gross National Happiness was held in Bhutan. Hundreds of government representatives, scholars and other thought leaders from more than 40 nations gathered to explore the possibility of making GNH the true indicator of a country’s health and quality of life. As of 2011, a non-binding resolution by the United Nations General Assembly urges that countries now measure their health and happiness, as well as wealth. Sixty-six countries backed it.

Measuring Americans’ Life Satisfaction
Seattle, Washington, the first U.S. city to implement a measurement of life satisfaction, is parlaying Bhutan’s indicators—psychological well-being, physical health, work/time balance, education and capacity building, cultural vitality and access to arts and culture, environmental quality and access to nature, apt governance and material well-being—as part of its own Sustainable Seattle Happiness Initiative. Spearheaded by Sustainable Seattle Executive Director Laura Musikanski and her team with encouragement by City Council President Richard Conlin, it may become America’s first GNH city.

Initial survey results, intended to spark conversations that matter, will be discussed at future town meetings in Seattle neighborhoods and used to recommend policies for consideration by the city council. Repeating the survey every couple of years will reveal progress.

Interest in a similar Happiness Initiative is growing in cities and towns from coast to coast, such as Napa, California; Bowling Green, Kentucky; Duluth, Minnesota; Santa Fe and Roswell, New Mexico; Bellevue, Nebraska; Portland, Oregon; and Eau Claire, Wisconsin. Some 100 colleges and universities also are beginning to apply the Happiness Initiative survey.
How to Become Happier

To improve our own well-being within any economy, we need to attend to our security, social connections and the way we balance our time. Choosing to live with less stuff and lighter debt supports a better life with less income but more time, lower stress and better health. As individuals, we can:

TOOLS TO NAVIGATE THE NEW ECONOMY

New Economics Foundation:
The Great Transition
NewEconomics.org
BrowseNewEconomics.org/sites/neweconomics.org/files/Great_ Transition_0.pdf.
This independent think-and-do-tank inspires and demonstrates real economic well-being.

The Economics of Happiness:
Building Genuine Wealth
GenuineWealth.net
Author Mark Anielski maps how to measure genuine wealth and create flourishing economies grounded in people’s well-being.

Transition United States:
Transition Towns
TransitionUS.org
Participants in this vibrant, grassroots movement seek to build community resilience in the face of challenges such as high oil prices, climate change and economic crises.

Sustainable Seattle:
The Happiness Initiative
SustainableSeattle.org
Founders provide tools to comprehensively assess well-being, involve citizens and inspire people, organizations and policymakers to take action.

World Café:
Real Conversations for a Better World
TheWorldCafe.org
This application of powerful social technology helps engage people in conversations that matter, offering an effective antidote to society’s fast-paced fragmentation and lack of connection.

Living Economies Forum:
Agenda for a New Economy:
From Phantom Wealth to Real Wealth
LivingEconomiesForum.org

“The old economy of greed and domination is dying. A new economy of life and partnership is struggling to be born. The outcome is ours to choose.”
~ Author David Korten

• Focus more on matters of family and community and on building trust.
• Devote less attention to maximizing incomes and more attention to acts of generosity.
• Ask our employers for more time off instead of higher pay.

In our local communities, we can find ways to design more relationship-friendly places such as farmers’ markets, where shoppers tend to engage in many more conversations than in supermarket aisles (Worldwatch Institute). In cities, we can call for public and private spaces that facilitate social connection, instead of discouraging it via urban sprawl.

Ecological economist Dave Batker, co-author of What’s the Economy for Anyway? (film clip at Tinyurl.com/3tc9dlk), believes that moving forward requires greater citizen involvement in the shaping of democracy, laws and our collective future. By ditching pundits and talking with neighbors, city by city and town by town, citizens throughout the United States are moving to do this using newly learned techniques such as those offered by Open Space Technology, World Café, Transition Towns, Sustainable Cities, The Cloud Institute for Sustainability Education, and the Institute of Noetic Sciences’ Worldview Literacy Project.

In St. Petersburg, Florida, Oklahoma City, Oklahoma, and other places, citizens are cultivating a stronger sense of community with real discussions about local issues and economic goals. They aim to arrive at a clear-eyed view of what citizens really want from the economy.

In St. Petersburg, the culmination of Sharon Joy Kleitsch’s 10-year effort to build a flourishing community through helpful workshops on timely subjects, meaningful conversations and aligning constructive partnerships is reaching a crescendo this month at Beyond Sustainability: Ecosystems, Economics, and Education, the Institute of Florida Studies’ 36th annual conference, at Hillsborough Community College (Tinyurl.com/3avntte). Kleitsch remarks, “I show up, pay attention and listen for opportunities where my connections with policy makers, educators, nonprofits and community activists can help convene people in meaningful conversations that can make a difference in building a resilient community.”

In Oklahoma City, Sustainable OKC, a volunteer organization working towards community sustainability at the crossroads of business, environment and social justice, frequently partners with the city’s Office of Sustainability, the CommonWealth Urban Farms project and the Oklahoma Food Cooperative (Sustainableokc.org). The grassroots organization advocates shopping locally and sustainably.

Jennifer Alig, Sustainable OKC president, is consistently delighted by the growing number of residents that don’t just attend events such as movie screenings of The Economics of Happiness, but also show up to plant food to feed the hungry and join Commonwealth Urban Farms work parties to feed neighborhoods using the products of thriving urban farms on vacant city lots. Alig notes, “After events, we sometimes use Open Space Technology to talk about topics that people are passionate about and willing to invest their time in.”

The kind of society that makes for health, happiness, true prosperity and sustainability is one with strong local economies and flourishing communities that includes many activities provided by local nonprofits. It’s one characterized by:

• Local small businesses and banking
• Farmers’ markets and urban gardens
• Urban designs that favor shared walks instead of isolated commutes
• Public spaces for social interaction
• Circumstances in which buyers know sellers
• Businesspeople that sponsor and volunteer for local activities
• Salary differences that are not vast
• Citizens building a better world together

We intuitively know what is required to create such a society, starting in our own community. What we need is the determination to make sure the economy serves us; rules that benefit all of the people; a commitment to widespread quality of life, social justice and sustainability; and the political will to make good change happen.

This article originally appeared in the November 2011 issue of Natural Awakenings and is published here with permission.

John de Graaf, media and outreach director for the Happiness Initiative, speaks nationally on overwork and overconsumption in America. He recently co-authored What’s the Economy for, Anyway? – Why It’s Time to Stop Chasing Growth and Start Pursuing Happiness, with David Batker. He is also co-author of Affluenza: The All-Consuming Epidemic. Fifteen of his documentaries have aired on PBS.

Linda Sechrist writes and edits for Natural Awakenings.