MBA Series (Ep. 2) - Intro to the Next Economy II

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We may not be to blame for climate change, systemic racism, and damaging levels of debt, but we are responsible for doing whatever we can to turn the tide on these issues that currently plague our world.

Over the course of 18 episodes, we are going to discuss the key themes that we explore in our Next Economy MBA program. This program is focused on educating the people who are going to drive the Next Economy forward by creating systems that benefit all life. With people like you, there is hope for the future of our species on this planet.

In this episode of the MBA series, we delve into the problem with interest-bearing debt, why access (not availability) is the reason that 800 million people are chronically hungry, and how historical systems perpetuate inequalities across the world today, as well as why the Genuine Progress Indicator is a better measure of progress than Gross Domestic Product. We hope you’ll join us!

Key Points From This Episode:

  • Exploring the destructive nature of our relationship with money. [0:03:35]

  • Debunking the myth that there is a scarcity of food in the world today. [0:07:39]

  • Examples of how a scarcity mindset manifests itself. [0:10:56]

  • The benefits of a shorter workweek. [0:11:55]

  • How historical systems perpetuate current inequalities. [0:13:56]

  • Delving into the fallacy of progress. [0:22:03]

  • Surprising factors that lead to the increase of GDP. [0:23:18]

  • Genuine Progress Indicator; a more holistic measure of progress and an alternative to GDP. [0:24:36]

  • The limited power of money and the unlimited power of human connection. [0:28:03]

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Tweetables:

“Before you can talk about what works, you have to have a shared idea of what perspective you’re coming from and your shared values.” — Phoenix Soleil [0:02:00]

“One of the core problems around how the economy operates right now is that money is the primary or, in some cases, the exclusive way that people meet their human needs.” — Erin Axelrod [0:03:42]

“Creating debt creates this artificial need for continual growth.” — Erin Axelrod [0:06:13]

“What is chronically keeping 800 million people hungry today is not a lack of calories; it’s our economic systems and distribution systems and the fact that money is the roadblock to accessing calories.” — Erin Axelrod [0:08:33]

“If you’re constantly looking at things from an individual point of view and you don’t look at the history and forces of the culture and the politics and how they work together to create conditions, then you’re not going to see the whole picture.” — Phoenix Soleil [0:21:03]

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Links Mentioned in Today’s Episode:

Next Economy MBA: https://lifteconomy.com/mba 

Wasted! The Story of Food Waste: https://www.imdb.com/title/tt6207096/ 

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LIFT Economy Newsletter

Join 8,000+ subscribers and get our free 60-point business design checklist—plus monthly tips, advice, and resources to help you build the Next Economy: https://lifteconomy.com/newsletter

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Next Economy MBA

This episode is brought to you by the Next Economy MBA.

What would a business education look like if it was completely redesigned for the benefit of all life? This is why the team at LIFT Economy created the Next Economy MBA (https://lifteconomy.com/mba).

The Next Economy MBA is a nine-month online course for folks who want to learn key business fundamentals (e.g., vision, culture, strategy, and operations) from an equitable, inclusive, and regenerative perspective.

Join the growing network of 350+ alumni who have been exposed to new solutions, learned essential business skills, and joined a lifelong peer group that is catalyzing a global shift towards an economy that works for all life.

Learn more at https://lifteconomy.com/mba.

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Show Notes + Other Links

For detailed show notes and interviews with past guests, please visit https://lifteconomy.com/podcast

If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It really helps expose these ideas to new listeners: https://bit.ly/nexteconomynow

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YouTube: https://youtube.com/c/Lifteconomy

Music by Chris Zabriskie: https://chriszabriskie.com/

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Other episodes in this series include: