Index

Ackoff, R., 112

Alexander, C., 108

Alliance for Water Stewardship, 127

Anthropogenic (human-induced) warming, 24

Artificial intelligence (AI), 15

Autopoiesis, 110

B-Corporations, 161–162

Better Life Index, 96

Better Living Index, 96

Biocapacity, 29

Biodiversity loss, 27–28, 29

Blackmore, S., 61

Block, P., 124

Bocken, N.M., 151

Braungart, M., 108

Brundtland Commission Report, 54

Brundtland, G.H., 54

Business systems and employees

cultural mythologies, 5–10

future of jobs, 12–14

hidden unemployment, 16–17

inequality, 11–12

offshoring and outsourcing, 15–16

technologies, 15

Campbell, J., 55

Chaos theory, 85

Circular economy, 151–153

Circulatory system, 46

Civilizational collapse, 21

Collective value. See also Stewardship approach

business, 118–120

collective well-being, 120

dignity violations, 121

profitability and wealth maximization, 118–120

purpose, 118

Collective well-being, 120

Conscious Capitalism, 163

Contextual interconnectedness, 109

Cooperatives, 165–166

Coral reefs, 29

Corporate social responsibility (CSR), 114, 115

Covid-19, 20, 22, 31, 44, 169

Cradle-to-cradle design, 152

Crutzen, P.J., 27

Cultural mythologies, 5–10

Davis, G.F., 158, 159

Decarbonizing, 25

Deforestation, 28

Dehumanization, 17

Destructive externalities, 142

Diamond, J., 21, 85, 149

Dignity

earth-and life-centric socioeconomic perspective, 101

Hicks arguement, 100

nature’s manifestations, 101

practical perspective, 101

Sen’s arguement, 100

Diversity, 110–111

Donaldson, T., 118

Doughnut economics, 128

Dweck, C.S., 66

Dynamic interconnectedness, 48

Dysfunctional political and cultural practices

annual trust survey, 31–32

Covid-19 outbreak, 31

failing infrastructure, 33

Global Financial Crisis, 31

inequality, 33

obesity crisis, 32

overconsumption patterns, 32

Earth stewardship, 124–125

Ecological/sustainability crises

Anthropocene/era of human activity, 27

biodiversity loss, 27–28

Great Acceleration, 26–27

Intergovernmental Science-Policy Platform on Biodiversity, 30

World Wildlife Organization, 27–29

Economic system, 1–2

Economistic paradigm, 9

Economistic thinking, 9–10

Economists, 36–37

Edelman Trust Barometer, 31–32

Edge of chaos, 46, 48

Ehrenfeld, J., 54, 117, 148

Eisler, R., 177

Empiricism, 6

Employee stock ownership plan (ESOP), 166

Employment, 134

Enlightenment, 147

beliefs, 5–6, 8

economics, 8

empiricism, 6

Indigenous culture, 7

quantitative approach, 8

values, 7

Western thinking, 6

Enlivenment, 147

Environmental, social, and governance (ESG) considerations, 143

Excellence through Stewardship initiative, 127

Externalities, 40–41, 141–142

Flourishing, 20

indigenous culture, 104

reciprocity, 106–107

redistribution, 107

relationship, 105, 107

responsibility, 106

indigenous wisdom, 103

living systems, 108–111

sustainability, 103

Forests, 29

Forest Stewardship Council, 126

Formal medium-sized enterprises, 160

Fossil fuels, 137

Foster long-termism, 144–145

Freeman, R.E., 119

Geissdoerfer, M., 151

Genuine Progress Indicator (GPI), 98, 99

Gladwell, M., 85

Global Financial Crisis, 31

Global fisheries, 29

Global jobs crisis, 12–14

Global mindsets, 67

Global Reporting Initiative (GRI), 143

Global warming, 22–25

Great Acceleration, 26–27

Greenhouse gases (GHGs) emissions, 23

Gross domestic product (GDP), 98

Gross Happiness Indicator (GNH), 98

Gross National Happiness Index, 98

Gross national product (GNP), 98

Growth-at-all-costs

mentality, 10

model, 153–154

Growth mindset, 67

Happiness, 93

Hardin, G., 124

Healthy complex systems, 48

Heinberg, R., 150

Helliwell, J.F., 93, 94

Hicks, D., 100

Hidden unemployment, 16–17

Hoffman, A., 54, 117, 148

Holons, 45–46

Iconic image, 61–62

Inclusive capitalism, 163

Indigenous culture, 7, 57

Indigenous peoples, 169

Individual freedom, 88

Industrialization, 35

Inequality, 11–12

Inequitable practices, 21

Integrated reporting (IR), 143–144

Intergovernmental Panel on Climate Change (IPCC), 22–25, 150

Intergovernmental Science-Policy Platform on Biodiversity (IPBES), 30

Internalized costs, 143

International Cooperative Alliance, 165

International Integrated Reporting Council (IIRC), 143

International Labor Organization, 134, 165

Jacobs, J., 111

James, W., 65

Job production, 134

Kennedy, B, 98

Klein, G., 67

Koestler, A., 45

Kramer, M.R., 145

Land Stewardship Project, 126

Life- and flourishing-centric narratives

Genuine Progress Indicator, 99

initiatives, 96

quality of life dimensions, 97

Sen and Nussbau’s capabilities, 95–97

well-being, 93–94, 98

Life-giving perspectives and practices circularity, 151–153

company localization, 156

enough concept, 153–154

financialization, 158

mega-corporations, 157

nongrowth-oriented economy, 152–155

resilience and diversity, 157–158

right-sized communities, 155–156

small firm, 159

surveillance capitalism, 159

systemic resilience, 155

trade and business opportunities, 156–157

Living Planet Index, 28

Living soil, 28

Living systems, 46

contextual interconnectedness, 109

novelty, 110

permeable containment, 109–110

requisite diversity, 110–111

socioeconomic systems, 108–109

wholeness, 111

Lovelock, J.E., 102

MacArthur Foundation, 152

Marine Stewardship Council, 127

McDonough, W., 108

McKinsey Global Institute, 15

Medium-sized enterprises (SME), 160

Mega-corporations, 157

Memeplexes, 62

Memes

Apple logo, 62

Coca-Cola symbol, 62

iconic image, 61–62

internet, 61

language, 61

memeplexes, 62

and mindset, 64–67

resonant, 62

shared, 62

words and phrases, 63

Mindset, 64–67

Monbiot, G., 37, 40, 55

Mont Pelerin Society, 36, 37

Nations, 46

Natural ecosystems, 50

Negative externalities, 142

Neoclassical economics, 4, 9

Neoliberal capitalism, 128

Neoliberal economic approach, 129

Neoliberalism, 2

cultural mythology, 36

dominant paradigm, 10

economists, 36–37

enlightenment era, 35

externalities, 40–41

human civilization, 36

human population, 35

industrial era, 35–36

Monbiot’s ideas, 37–38

neoliberal policies, 40

obesity crisis, 41

Powell Memorandum, 38–39

Reagan and Thatcher’s election, 40

stories and narratives. See Stories and narratives

Neoliberal narrative, 87–88

Neoliberal thinking, 11

New economics, 68

“No alternative” belief, 68

Nongrowth-oriented economy, 152–155

Nonpolluting energy, 137

Novelty, 110

Obesity crisis, 32

Ocean health, 29

Offshoring, 15–16

One-size-fits-all story, 60

Organisation for Economic Cooperation and Development (OECD), 96, 167

Outsourcing, 15–16

Overseas Development Institute (ODI), 16–17

Oxfam report, 11–12

Pelerin, M., 36, 37

PERMA model, 94–95

Permeable containment, 109–110

Piketty, T., 36

Planetary boundaries, 25–26

Planetary stewardship, 123

Planetary warming, 25

Pollution, 40

Porter, M.E., 145

Powell, L.F., 38

Predictability, 51

Produce quality products/services, 138–139

Product stewardship, 127

Product Stewardship Institute, 127

Raworth’s approach to economics, 128

Raworth’s doughnut model, 136

Reciprocity, 106–107

Redistribution, 107

Regenerative economy, 151–153

Relationship, 105

Relative decoupling, 149

Renewable energy, 137

Requisite diversity, 50, 110–111

Resonant memes, 62

Responsibility, 106

Rhinesmith, S.H., 67

Right-sized communities, 155–156

Savaget, P., 151

Self-induced systemic crises

climate change

covid-19 infections, 22

dehumanizing others, 21

Diamond’s civilizational collapse, 21

ecological/sustainability crises, 26–30

humanity, 21

Intergovernmental Panel on Climate Change, 22–25

Covid-19 pandemic, 20

dysfunctional political and cultural practices, 30–33

planetary boundaries, 25–26

Self-sufficiency model, 157

Seligman, M., 94

Servicizing, 140–141

Shared flourishing, 92

Sheth, J.N., 119

Sisodia, R., 119

Social enterprises, 163

Socially threatening, 169

Social media, 174

Societal changes, 148

Socioecological cliff, 34

Socio-economic systems, 46, 108–109

Software updates and improvements, 141

Spengler, L., 153

Spikins, P., 104

State-owned enterprises (SOEs), 167–168

Stewardship approach

broad time and space scales, 124

business associations, 127

business purpose, 131

business-related initiatives, 126–127

collective value

collaborate and compete, 135–137

communal benefit, 132

companies responsibility, 132

development, 133–134

employment and job production, 134

energy usage, 137

equitable decent wages and job security, 135

externality, 141–142

Foster long-termism, 144–145

integrated reporting (IR), 143–144

internalized costs, 143

nature of innovation, 137–138

performance metrics, 131, 132

quality products/services, 138–140

servicizing, 140–141

software updates and improvements, 141

universal basic income, 134–135

earth stewardship, 124–125

firm repurposing, 131

neoliberal capitalism, 128

neoliberal economic approach, 129

planetary stewardship, 123, 126

practices and policy changes, 130–131

Raworth’s approach, 128

share-oriented corporation ownership, 131

transformational change, 126

voluntary initiatives, 129

whole system, 127

Stockholm Resilience Centre, 25–26, 128

Stories and narratives

Campbell’s story, 55–56

economic mindset, 67

exploitation, 54

externalities, 54

indigenous peoples, 60–61

initiatives, 68–69

Korten’s assumption, 57

memes, 61–63

Monbiot’s points, 55

neoliberal story, 58

neoliberal thinking, 54

“no alternative” belief, 68

one-size-fits-all story, 60

origin stories, 57

public and policy contexts, 59

sustainable development, 54

systemic change, 59

Vogler’s view, 56

Subjective well-being, 93–94

Sufficiency economy, 153–154

Surveillance capitalism, 34, 159

Sustainability, 103

Sustainable development, 54

System change

dimensions, 85

gathering and reconciling, 86

institutions, 86

memes, 86

new narrative, 86

African cultures, 88

climate change issues, 90

common good, 89–90

economic and material growth, 89

flourishing, 91, 92

Freya Williams of Futerra, 87

Global Financial Crisis, 92

globalization, 88

individual freedom, 88, 91

memes, 90

neoliberal narrative, 87–88

recognition, 89

wealth maximization, 92

Systemic flourishing

companies, 115–116

corporate social responsibility (CSR), 114, 115

Corporation2020 initiative, 117

corporations, 114

Delaware law, 113

ecological and systemic sustainability, 117–118

humanity and systemic integrity, 116

institutional level, 118

institutions, 116–117

national level, 118

organizational level, 115

public institutions, 113

responsibility, 112

System transformation

change, 43

climate change and sustainability crises, 43

complex adaptive systems, 43

covid-19 pandemic, 44

crisis, 44

economy, 43

living systems, 44

socioeconomic systems, 43

stakeholders, 42

Take-back approach, 141

“Take-make-waste” approach, 139

Thatcher, M., 68

Thunberg, G., 22

Topsoil and land degradation, 29–30

Tragedy of the commons, 124

Transformation

activity interest, 172

changing mindsets, 172

citizens and activist, 1745–179

Green New Deal, 170

networks, 173–174

paid work, 174

relational and life-affirming approach, 170, 178

scope, 171

social media, 174

socio-political-economic system, 177–178

stories and narratives, 171–172

talent and skills, 173

work environment, 174

Transformative system change, 45

Ubuntu, 88, 106

United Nation’s Human Development Index (HDI), 98, 99

Universal basic income, 134–135

Vogler, C., 56

Walsh, J., 118

Wealth maximization, 92

Weber, A., 43

Well-being, 20, 93–94

collective, 96

gross domestic (national) product, 98

happiness, 93

subjective, 94

Well-being Economy Alliance (WEAll), 3

Western thinking, 6

Whole living systems, 111

Whole systems, 46

Wickedness

and complexity, 47–49

problems, 46–47

and societies

depth in large systems, 50

healthy ecosystems, 49–50

predictability, 51

sectors, 49

stakeholders, 51

wicked problems, 50–51

socioecological systems, 47

transformative system change, 51

Wolfe, D., 119

World Wildlife Organization (WWF) report, 27–30