Hello – we’ve got three videos and two articles this week.
Each of these represents a different facet of the principles and practices in Culture Shock. Each of them is handpicked just for you.
Bon appetit.
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Chilean Economist Manfred Max-Neef on Barefoot Economics
If you find 20 minutes for a video this week, MAKE IT THIS ONE!
Mesmerising, charming, compelling interview with a very wise South American economist. You may end up in despair. But maybe that’s what you (we) need?
I love his principles, summarised here:
Max-Neef and his colleagues set forth five basic postulates and one basic value principle as a framework for a humane new economics:
- One, the economy is to serve the people and not the people to serve the economy.
- Two, development is about people and not about objects.
- Three, growth is not the same as development, and development does not necessarily require growth.
- Four, no economy is possible in the absence of ecosystem services.
- Five, the economy is a subsystem of a larger finite system, the biosphere, hence permanent growth is impossible.
- And the fundamental value to sustain a new economy should be that no economic interest, under no circumstance, can be above the reverence of life.
Adds more momentum and urgency for me to the ideas of people like Umair Haque, John Robb, Vinay Gupta and those others who see a major collapse coming and a towering need for a new economic system.
Found this via Tom Nixon I think.
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Employee ownership in Scotland – video
Nice 15 min video showcasing different Scottish businesses who’ve transitioned to employee ownership. Good for selling in the ideas at an introductory leve, but what I really need more of in this area is details about the nitty-gritty of how. Please share if you find anything like that 🙂
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Platform Economics – a Micro Massive Movement
This is Indy Johar’s talk from our Meaning 2012 conference, and I think some of the ideas that Indy floats and the examples he shares bring to life future possibilities for sustainable business.
As always with Indy, lots and lots of smart concepts and avenues to follow up.
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Contribution of open source to Europe’s economy: 450 billion per year
That’s it for me, the headline. KAPOW. Brilliant credible stat for talks and writings for the ‘crowdsourcing is new fangled, unproven and risky’ naysayers. IN YOUR FACE, laggards. 450 big ones.
Not sure who to credit with this one so thank you Internet-at-large!
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“The problem is no one is stealing the pepper pots” by David Hieatt
Just a brilliant story about quality and passion (again) from Hiut Denim and Do Lectures David Hieatt.
I won’t summarise it – there’s no point. Just read it!
(And if you like that quick read and want more, watch David’s talk ‘Purpose in Action’ from Meaning 2012).
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Further reading: For a book that wraps these ideas up into 8 chapters, check out Culture Shock. It has a five star rating on Amazon, I wrote it and I believe in it.
Onwards! Will.




