Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial...
-
Upload
sustainable-lifestyles-research-group -
Category
Education
-
view
589 -
download
2
description
Transcript of Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial...
![Page 1: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/1.jpg)
The Altruist Within in pursuit of sustainability and justice
in a broken financial system
25th July 2013
Tim Jackson @ProfTimJackson
![Page 2: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/2.jpg)
![Page 3: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/3.jpg)
![Page 4: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/4.jpg)
![Page 5: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/5.jpg)
![Page 6: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/6.jpg)
New York, 15th September 2008
![Page 7: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/7.jpg)
This has been an age of global prosperity. It
has also been an era of global turbulence.
And where there has been irresponsibility,
we must now clearly say: the age of
irresponsibility must be ended.
Gordon Brown Sept 2008
The Age of Irresponsibility
![Page 8: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/8.jpg)
London, 6th August 2011
![Page 9: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/9.jpg)
Wall Street, October 2011
![Page 10: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/10.jpg)
Toronto , October 2011
![Page 11: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/11.jpg)
Incomes
Labour
& capital
Spending
Goods &
services
Firms People
The Engine of Growth
labour
productivity
prices novelty
Consumer
credit
Commercial
credit
creative destruction
status competition
Investment Saving
Speculation
![Page 12: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/12.jpg)
The Engine of Growth
![Page 13: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/13.jpg)
Incomes
Factor
flows
Spending
Goods &
services
Firms People labour
productivity
prices novelty
Consumer
credit
Commercial
credit
creative destruction
a life without shame
status competition
Investment Saving
Speculation
shareholder value
The Engine of Growth
![Page 14: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/14.jpg)
Incomes
Labour
& capital
Spending
Goods &
services
Firms People labour
productivity
prices novelty
Consumer
credit
Commercial
credit
creative destruction
a life without shame
status competition
Investment Saving
Speculation
shareholder value
The Engine of Growth
![Page 15: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/15.jpg)
Incomes
Factor
flows
Spending
Goods &
services
Savings Investment
Firms House-
holds
increasing
productivity
prices novelty
a life without shame
status competition
shareholder value
creative destruction
Credit Credit
The Engine of Growth
![Page 16: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/16.jpg)
Tradition
Novelty
Self
Other
![Page 17: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/17.jpg)
• enterprise – resource light
– employment rich
– the ‘service’ economy
• employment – work-time
– skill and service-oriented
• investment – ecological and social
– a different ‘ecology’
– slow, patient capital
• money – appropriate institutions
– sector balances
– green money supply
Dimensions of the green economy
![Page 18: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/18.jpg)
Money for a finite planet
(S – I) = (G – T) + (X – M)
Private net
savings Public sector
net borrowing Overseas net
borrowing
![Page 19: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/19.jpg)
“It is well enough that the people of this nation do not understand our
banking and monetary system, for if they did, I believe there would be
a revolution before tomorrow morning."
Henry Ford
![Page 20: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/20.jpg)
• small-scale – peer-to-peer
– community bonds
– community banking
• institutional investors – governance
– negative screening
– investment for good
– impact investment
• macro-economy – financial regulation
– fiduciary duties
– hypothecated transactions tax
– green quantitative easing
– sovereign spending
– the chicago plan
Money for a finite planet
![Page 22: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/22.jpg)
• enterprise – in the service of others
– care, craft and culture
– cooperative, non-profit forms
• employment – sharing work
– the ‘amateur’ economy
• investment – social and ecological returns
– impact investment
– peer to peer
• money – seignorage as a public good
Altruism and the green economy
![Page 25: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/25.jpg)
![Page 27: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/27.jpg)
![Page 28: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/28.jpg)
The Altruist Within?
• Darley and Batson (1973) study
with seminary students;
• help overall: 40%
• help in hurry: 10%
• help in low hurry: 65%
• Subject of the talk made no
difference!
• Distress – our redeeming
emotion?
From Jerusalem to Jericho
![Page 29: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/29.jpg)
Religion and the Schwartz Values
![Page 30: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/30.jpg)
Religion and the Schwartz Values
Source: Saroglou et al 2004
![Page 31: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/31.jpg)
Religion and the Schwartz Values Source: Pepper, Jackson and Uzzell 2010
![Page 32: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/32.jpg)
Religion and the Schwartz Values Source: Pepper, Jackson and Uzzell 2010
![Page 33: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/33.jpg)
• agape, philia and eros
• "an intentional response to
promote well-being when
responding to that which has
generated ill-being."
– Thomas Jay Oord
• pro-social behaviour as an
emergent property of social
structure
• ‘faith’ as a commitment device
Agape and sustainability
The altruist within?
![Page 34: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/34.jpg)
![Page 35: Tim Jackson - The Altruist Within: in pursuit of sustainability and justice in a broken financial system - July 2013](https://reader034.fdocuments.us/reader034/viewer/2022051209/5487e654b4af9f7d0d8b5501/html5/thumbnails/35.jpg)
Prosperity can only be
conceived as a condition
that includes obligations
and responsibilities to
others
Zia Sardar 2007