Life-Ennobling Economics
LEE is a framework for an inclusive and action-oriented dialogue, building on the foundational wisdom of many brilliant thinkers and movements.
Our economic systems are failing to serve the interests of our living planet and the great majority of those who inhabit it. It is not our intention to restate the multiple crises that this mismatch has fuelled and continues to perpetuate. Instead, we are sharing our emerging thinking as we strive to build pathways towards alternative ways of organising society.
We are proposing Life-Ennobling Economics as a propositional vision and as a call to action. It is an ennobling invitation to break free from ideological constraints, to embrace the radical potential of emergent technologies, and to challenge the structural codes of our current socio-economic systems. Implicit in this opening position is an understanding that the structure and values of the economy must be in service to all forms of life (present, future, human, non-human and machine) providing an inclusive scaffold of care and respect.
Emily Harris on Accidental Gods
Indy Johar on Living Mirrors
Indy Johar on The Decade Podcast
The philosophical framework:
Exploring the foundational questions of the LEE
Philosophy 1
Rooted in the recognition of the full web of life: From violence, scarcity and separation to a thriving planetary community of interbecoming.
What would it mean to fundamentally reimagine ourselves as permeable, dynamic interbecomings, deeply entwined in diverse right relationships and joyfully part of a full planetary consciousness? This concept challenges the traditional economic view of humans driven primarily by rational, objectified, self-interest. Instead, it suggests a new understanding of self where our individual interests are indistinct from what we can collectively become.
This shift in perspective would call for a re-evaluation of the infrastructures that shape our lives and identities. It would question how we think about everything; from education and learning, health care and human development to the roles and functions of prisons and the judicial system. For example, what does justice mean in a world where we see ourselves as interconnected becomings?
Philosophy 2
Grounded in a non-bounded understanding of value: From extractive profit-driven goals to entangled, intergenerational and distributed value systems.
In our current economy our measures of success are calculated using a narrow set of accounting rules. This is a collectively accepted norm, but can a genuine measure of value be bounded by time or context? In an interconnected world, externalities seem to be a delusion yet they are currently excluded from our calculations of profit and GDP. Imagine an economy where value was understood to be attributed to relationships themselves rather than the things that are related? How would our economy behave if the collective goal and source of status was increasing regenerative potential or stocks of care?
Philosophy 3
Enabled by technological ecosystems of care: From the utilitarian ‘othering’ of technology to animistic interfaces of wisdom and care.
The accelerating technological complexity of our world can be seen as a threat. However, it could also offer new opportunities to nurture the capacity of society to understand itself more fully, rather than trying to mould and regulate it. Imagine a future where our governing institutions are empowered to advance and scaffold the continuous learning of a self-aware system. Where we can sense the unique, embodied value of every context, thus fostering care for the entangled impacts, both positive and negative. Ultimately we have a choice; will we use the stunning power of advanced technologies to embrace a new freedom to care, or will we use it to destroy everything we depend on and hold dear?
If the journey to get there involved moving beyond theories of property, labour, extraction, private contracts, governance and monetary colonisation, what would we be shifting from and towards?
Beyond Property
From exerting control over ‘objects’ to seeking reciprocal relationships with the full web of life.
Words like property and ownership are often associated with ideas of dominion and control, allowing us to treat elements of the living world (such as land and rare earth minerals) as objects. Deep down though, do we really believe that timber holds more value than a forest? Or that a whale’s life is interchangeable with a barrel of oil? What would it mean to explore a world beyond property, a world of self sovereign agents who we are respectfully in treaty with?
Beyond Labour
From humans employed as resources to vocations of creativity, purpose and care.
In our industrialised economies humans are often framed as a functional resource. However, rapidly advancing technologies (such as machine automation and alternative distributed currencies) have the potential to weaken the requirement for labour to service financial capital. What would it mean to emancipate the idea of work from its current focus on hierarchy and external incentives? Could we build a future economy that harnesses our inherent, embodied intelligences and unleashes our intrinsic motivations and ability to discover? Perhaps this would be a future of virtuous flow where human satisfaction is rooted in low impact, transcendent goals.
Beyond Extraction
From extractive resource claims to the infinite guardianship of the global commons.
Even the word resource is innately extractive and predicated on violence. When we see a sentient animal or element of an ecosystem and name it as a natural resource, we are using language to justify collective violence in pursuit of private comfort. We have become highly proficient at accessing diverse fodder for the global economic supertanker; from the deep sea beds to the depths of the Amazon rainforest nowhere is considered too difficult to access if the price is right. What would happen if we erased ‘resource’ from our active vocabulary, and redirected our ingenuity toward stewarding the global commons?
Beyond Private Contracts
From linear agreements that optimise for the few to multi-party, dynamic, digital treaties of respect.
Many of our existing contracts are structured as bilateral agreements. By design, these agreements ignore the complex interplay of values and the mutual need for care that is integral to most transactions. With the emergence of capabilities such as many-to-many and smart, self-executing contracting, we see an opportunity to revolutionise this root structure of the economy. For example, how would our interactions change if we could easily assemble contracts that recognise relational value? Could we collectively drive a bureaucratic revolution that would create new ways to acknowledge and manage the intricate, entangled flows of value?
Beyond Governance
From centralised enforcement to nurturing institutions of stewardship.
Historically our dominant governance structures have sought to control and instruct. However, with the increasing complexity of both our societal systems and escalating risk pathways, this theory of governance no longer appears viable. From their top-down view, many governments are struggling to intelligently regulate the increasingly complex systems of property that they guarantee.
The most probable directions of future societal travel do not seem appealing. On the one hand we might fail to resolve our global coordination challenges and continue to experience ever intensifying crises (for example, individual countries reopening coal mines to reduce energy costs in the short-term ). Alternatively, we might find ways to overcome perverse incentives but the means to do so will potentially lead us towards authoritarian dystopias. With this in mind, how can we transition away from a centralised model of control, and embrace a governance style that fosters collective learning and empowers the entire system?
Beyond Monetary Capital
From the accumulation of financial wealth to a social contract that regeneratively stewards the diverse capitals of life.
What would it mean if we understood capital wealth as an expression of crystallised suffering? Recognising that financial capital is intertwined and enabled by living and social systems could be an important pivot point towards a future rooted in mutually assured thriving. Perhaps then we would feel empowered to reject a monetary system that continues to colonise, exploit and exclude by design. Imagine how our relationship to financial capital might change if we understood the act of investing to be a commitment to our collective futures? What would a system look like where the ways of creating and stewarding money are decentralised and respectful of incommensurate value flows?
What’s next and how can you become involved?
I am a funder and I would like to understand how my support could help this initiative
We are hoping to convene a partnership of funders who can support, elevate and actively contribute to this vision. The scope of ambition is wide but we will curate the process as a series of modular steps. If you are interested in supporting us, either as a general contribution or as a standalone module, then we would be very happy to discuss your ideas.
I have experience or expertise that I think might be useful and I am interested to see how I could contribute
We expect to organise a series of diverse gatherings and working groups. As a first step we will create a live database of potential collaborators and propose a series of online and in-person events following initial conversations. If this is something you would like to hear more about, we would be grateful if you could send us a short email to let us know your area of interest.
I am interested to learn more and to stay connected to the work
Our hope is that the ongoing LEE work will provide a convening point for a wider body of thinking on alternative economies. Please feel free to send us your email contact and we will keep you updated on progress and new publications.
Dark Matter 04 x Next Economics Lab
Content: Emily Harris and Indy Johar
Conversational Design: Martin Lorenz