Attending the Integrated Capital day at the BALLE (Business Alliance for Local Living Economies) conference last week left me awestruck and inspired by the people working on transforming our economy from one based on Ego – “What’s in it for me?” – to one based on Ecosystem – “What’s in it for all?”
Otto Scharmer, author of Theory U, led the day, inviting us to explore these questions:
Where do you experience a world that is ending or dying?
Where do you experience a world that is emerging or wanting to be born?
Together with leaders across silos and industries – lawyers, investors, foundation and economic development leaders, entrepreneurs and community organizers – I discussed these compelling questions. First, through the lense of businesses and farms, then using the lense of capital and investment.
We were introduced to real stories of the financial economy reconnecting to the real economy – the real being an economy that creates real value, not only more money. At day’s end, we created physical tableaus of the full financial system, and then we enacted the transformation to the world that could be. I left exhausted and elated.
I keep thinking about how Otto said that we are moving from a transactional economy to a transformational one. At CSC, we want the experience of Squareholders and their businesses to be a transformative one. We want people to feel and see the connections between themselves, the businesses they love and their money. We want money from Squareholders to carry the spirit of caring and possibility to the businesses they fund. That is sacred economics!