#Sustainabilism - what's that?)
Seems, one of the first attempts to grasp the term was taken by Meir Russ!
So I've read his article "The probable foundations of sustainabilism: information, energy and entropy based definition of capital, Homo Sustainabiliticus and the need for a “new gold”" written on April 19, 2016.
Please find the full summary in my telegram channel https://t.me/asobepanek
And here's its short version (top-10 insights):
1. Human capital - is the scope and amount of controlled negative entropy (simply put - order, high-quality energy) an entity possesses at any point in time, within a context (goals and constraints; economic, social, environmental), that can create (presently and potentially in the future) value for an exchange. Creativity is a controlled increase of entropy, one that allows for learning from the experiment with reality
2. Social capital - is an entity's controllable resources (data, knowledge, energy) enabling an access to a network of actors to mobilize their resources (data, knowledge, energy) with minimal cross entropy and energy (cognition, trust, valid and reliable) within a context, that can create mutual value
3. Organizational capital is an internally available resource, controlled by management, owned by stockholders, and NOT available to external markets. Organizational capital enables the internal actors to mobilize their resources, including human and social capital with minimal entropy and energy within a context, and can create value for the organization
4. Tradeoffs and exchanges between human, organizational and social capitals should be more effectively conducted, managed, measured and valued by using information, entropy and / or energy units, (as opposed to more efficiently by the means of financial capital), since all four forms of capital could be seen as components of a triadic system that maximize the creation of new data - make the consistent paradigm of the sustainabilistic economy
5. We cannot afford not to have an effective economic system, which by definition, expects a political, social, and judicial dialogue regarding shared goals and mental models
6. The source of law should be at the global level (Kelly, 2015)
7. Homo Sustainabiliticus advocates to incorporate the three facets of the triple bottom line: the economic, environmental, and the social concerns - as the consequence of the monumental and consecutive transformations that human society is currently experiencing, resulting from, and responding to technological revolutions, where exchange transactions are avoiding or minimizing direct monetary swap and centering on social exchanges (face-to-face and / or virtual) and sustainable development
8. The new social exchange space is currently primarily driven by social norms, trust, transparence and emergence (Orlikowski and Scott, 2014; Rifkin, 2014), concentrating on access to networks of relationships versus ownership of assets in markets, sharing versus self-interest (Rifkin, 2014), future versus present
9. New currency (preferably introduced by the IMF) = function of usable, renewable and shareable (energy, change of energy, entropy of energy, change of entropy of energy PLUS information, change of information, entropy of information, change of entropy of information; Human life expectancy and quality)
10. Or other distributed and global currencies: for instance - a family, or an individual may create a personal currency that will operate as an investment in a stock, and the buyers will buy a share of their future human capital value
#summary, #philosophy, #sustainability, #future, #sustainabilism
