Evolving Finance, Money and Markets
Published 2 hours ago
© 2021 Hazel Henderson
Today’s global casino is now experiencing yet another step change, as central banks shift their focus from austerity and debt to stimulus to cope with pandemics and climate crises and fending off Facebook‘s competitive “Libra” and other cryptos. As the rules change in finance and money, they are also changing in markets, as they adapt to ecological limits, consumer pressures, and shareholders’ changing values. Key public intellectuals have emerged who are facing down all the old verities in textbook economics and over-averaged macroeconomic statistics and models, including GDP, still driving societies into unsustainable paths. These pioneer thinkers are re-shaping policies and challenging incumbent, fossilized corporations which, since the 19th and 20th centuries have dominated politics in many countries and steered the narrow forms of globalization that have led to today’s widespread pol
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