Debt, Credit, & Profit in History | Denise Hearn

Writer, applied researcher, & advisor Denise Hearn highlights how in the long history of economics, the concept of profit is relatively new.
From the Long Now Talk, “Embodied Economies: How our Economic Stories Shape the World ” by Denise Hearn. Watch the full talk here: • Embodied Economies: Ho...
Economic policy can seem abstract and distant, but it manifests the physical world - affecting us all. Our economic stories shape our systems, and they in turn shape us. What myths continue to constrain us, and how might new stories emerge to scaffold the future? This talk will explore concepts we often take as gospel: profits, competition, economic value, efficiency, and others -- and asks how we might reshape them to better serve planetary flourishing -today, and well into the future.
Denise Hearn is a writer, applied researcher, and advisor focused on how economic power and paradigms shape our world. Hearn holds an MBA from Oxford Saïd Business School and advises governments, financial institutions, companies, and nonprofits on antitrust, economic policy, and new economic thinking. Hearn is currently a Resident Senior Fellow at the Columbia Center on Sustainable Investment and co-authored The Myth of Capitalism: Monopolies and the Death of Competition (02018) with Jonathan Tepper.
Hearn's work is published in The Financial Times, The Globe and Mail, Stanford Social Innovation Review, Bloomberg, and The Washington Post and she currently writes the Embodied Economics newsletter. Hearn is also Advisory Board Chair of The Predistribution Initiative - a multi-stakeholder project to improve investment structures and practices to address systemic risks like inequality, biodiversity loss, and climate change.
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[@michaelallen2358]

Great download, thank you.

[@JugglinJellyTake01]

...and yet we still have feudalism in terms of land ownership, the UK has feu duty in Scotland and ground rent paid to the monarchy and their descendants. Over 90% of land is owned in the UK. These same landowners are the beneficiaries of agricultural subsidies and ecological subsidies for carbon capture such as reforestation and peat land. A wealth tax is vital for redistribution of wealth and access to land.

[@edwardlulofs444]

People take their culture to the past and the future. This video shows how localized in time people are. It is very difficult to try to see the world in the eyes of someone in the past. Maybe it is impossible to really know how other people see the world. I find it strange that people fight and die over ideology and myths about money, power and religion.

[@GuyIncognito764]

First!