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Editorial from Jem Bendell
Although lockdowns have warped my sense of time, and perhaps yours too, it is actually more than 3 months since the last Deep Adaptation Quarterly. There was a hiatus, as I focused on new work after leaving the Deep Adaptation Forum at the end of September, and the Forum team re-organised for their post-Jem era. It has been great to see volunteers step up to now join the small Core Team of organisers, with Kat Soares becoming the new coordinator of the Forum. She is in a team of 4 freelancers working part time to coordinate over a hundred volunteers around the world to support people with finding meaningful ways of living creatively from their collapse anticipation. As they need to cover their basic costs, it would be useful if you can chip in now, as any donations given to them by the end of March will be matched by a donor.
I ignored it for a while. But as a Prof, it was time to submit to Google Scholar and let their algorithms pass judgement on my work. So I’ve an h-index of 20 and an i10-index of 35, from over 2000 citations. Have I lost you yet? Well at least most of my publications are now in one place. My latest thoughts are on the “Impasse in Western Leadership” which I presented at a conference on leadership in Asia in January.
I continue to work with Dr Neil Sutherland and Richard Little on a collection on leadership and sustainability that arose from the Leading Wellbeing Research Festival last summer. On April 9 the team at IFLAS are hosting a reunion in Ambleside, which will be a great weekend to share relevant initiatives. These ideas relate to our new MA in Sustainable Leadership Development, which is designed to fit around the work of busy leaders. It kicks off with a week in the Lake District this September.
I now work part time with the University of Cumbria, and am adapting what I know to offer wilderness retreats for leadership development. Working with Georgia Wingfield Hayes, our first Leading Wild retreat is in Costa Rica in January next year. We conceived the Leading Wild retreats because we know the most powerful learning is difficult to enable in typical corporate formats. I like hosting learning where we are ready to let go of what brought us success and think afresh about the situation we face. A wilderness retreat invites that approach. 25% of revenues will go into forest conservation. It’s also 25% off if you book now!
Somewhat sooner, if you are in London on April 13th, please join us near the Docklands for a lecture by the founder of the Positive Money campaign, Ben Dyson. At 530pm he will talk about how government issuance of digital cash could kick start the UK economy and pay down the debt. It’s an opportunity for participants in our free online course on Money and Society to gather. Over 120 are currently completing this MOOC that I developed with Matthew Slater (Global Ecovillage Network) and 8+ will study our Certificate of Achievement in Sustainable Exchange in April. This will be co-tutored by Leander Bindewald, whose PhD at IFLAS on the (misleading) discourses of money is getting interesting. I’ll be sharing some of our ideas in a keynote at the Guild of Independent Currencies conference in Liverpool on April 20th.
In February I visited Melbourne to work with my colleagues at Trimantium Capital. They ran an event at Parliament House on the future of superannuation (pension) investments for a more sustainable Australia, and introduced tech investors from Silicon Valley to a range of Australian start-ups. En route back to the UK, I visited the Indian Institute of Directors, to discuss with board directors how we can encourage cultures and systems for firms to seek disruptive innovation for sustainable development. In 2016 I will be doing more work on “impact investing”, to promote the necessary transition to a better economy.
I’ve listed my future event attendance below… maybe see you in London, Lancaster, Lake District, Kuala Lumpur, Geneva, Tokyo, Brisbane, Melbourne, or Boston?
I have started producing quarterly updates… yep 4 emails a year on what Im doing. In each on Ill be linking to written outputs and forthcoming events. You can sign up here: http://eepurl.com/beciEb
Here is the text of the latest update:
I want to update you on the festival we are organising this summer on the shores of England’s largest lake. The full programme, which includes over 80 experts, plus lots of outdoor activities is now out: download here. As it is during the summer holidays, we are providing a free children’s programme of professionally run outdoor activities – and babysitting. Half the places have now gone, so book now if you are interested.
In the past months I’ve been on secondment to the UN, and as I’ve been in Geneva I presented my research at a couple of events. In April I presented to the UNECE about the monetary cause of the house price crisis that is affecting many cities. I explained, based on my work in ‘Healing Capitalism’, that the more consolidated a nation’s banking system is, the more their lending is focused on real estate, and so this leads to the asset price inflation of housing. Solutions must involve re-balancing the process of new money creation by commercial banks. That can be achieved by promoting more local banks that focus on lending to businesses (e.g. breaking up RBS) and introducing credit guidance so we move away from a situation where over 80% of new credit creation is for real estate. Other options include removing from commercial banks the priviledge of creating money. Given that, according to research, most politicians dont even realise that commercial banks create over 90% of a nations’ money supply, we have some way to go before sensible policies even begin to be considered. I wrote about these issues in Open Democracy.
In May I presented my research on currency innovation to UNRISD. I drew upon a paper that was published earlier this year where we provide a case study of a local currency created in a slum in Kenya that has already boosted trade by over 20% without indebting anyone nor requiring foreign aid. I noted how the current Financing for Development discussions at the UN have completely overlooked monetary issues and currency innovation. As a result of the discussions, recommendations for including complementary currencies are being submitted to UNDESA.
We had a great response to the Money and Society free online course (a “MOOC”), with over 300 people registering and around 100 completing all assignments and graduating to the alumni forum. Some of the participants joined us on the Certificate of Achievement in Sustainable Exchange in London. The next offering of the free online course starts on August 23rd and runs for 4 weeks, taking about 5 hours of work time per week. Read more about it, and the accredited course, here. Sign up for the MOOC via firstname.lastname@example.org
Some of my research to develop this MOOC led me to look at trends in financial technology (fintech). In March, I was asked to speak about ethical implications at the main annual conference on fintech in the City of London. I warned that as we move to a cashless society, we risk becoming dependent on oligopolies that have shown themselves to be susceptible to political pressure. I argued that the issues are so important to the future of democracy that the UN, via the ITU, should be involved, not only banking regulators. I wrote up my speech here.
I was out of the country for the UK election, but followed it with interest. As the results came in, I wondered what some contemporary management theories might imply for the future of the opposition parties. So I shared an idea for a Liberal Green Alliance in Open Democracy.