Thursday, November 23, 2006

Capitalism 3.0 - A New Way To Think About What We Own

That's a very interesting way of looking at the economy. I like the fact that it includes in the analysis items usually considered as given and non payable. The way we used to think about the global economy when natural resources seemed over-abundant is no longer valid. Now it seems absolutely fundamental to make sure countries, companies and individuals pay for their impact on the commons. It's actually a fascinating discussion that is central to the continued presence of our species on the planet, so in a way we owe it to future generations. So in my humble opinion it is the type of larger thinking that should be part of any present and future Business Quest... particularly when the quest has major dependencies on the quality of the natural environment.

Capitalism 3.0 is about ways we can restructure our laws and rules of ownership to cover who should pay for polluting and other harmful things -- costs that our current system ignores and even encourages. The change is based on our realizing that we all own certain things in common.

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