Ever wondered why humanity's progress is stunted, despite advances in technology, infrastructure and knowledge? Why socio-economic disparities are wideing? Why life is scarier, harder and less hopeful than ever before? Why a rapidly increasing portion of people are afraid to bring children into this world? ๐๐โ๐ ๐ฏ๐ฒ๐ฐ๐ฎ๐๐๐ฒ ๐ผ๐ณ ๐ต๐ผ๐ ๐๐ต๐ฒ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ณ๐๐ป๐ฐ๐๐ถ๐ผ๐ป! My recent conversation withย Erinch Sahan, former chief executive of theย World Fair Trade Organization (WFTO)ย and the business lead atย Doughnut Economics Action Lab (DEAL), dives into the uncomfortable engrained fallacies of the profit-centricity in companies, the effect of a brazen shareholder primacy and discusses how both shape an economy that supports a privileged few at the expense of the many. In this episode, we name the finance industry as the biggest extractor of wealth in today's economy, stifling innovation and increasing socio-economic inequality, and, we identify that all we do to improve the world for future generations is doomed unless we fix the finance industry. Erinchย outlines how every problem we face as a civilisation starts and ends at the finance industry and we explore how founders of humanityโs next greatest businesses will redesign industries for the collective good and unleash a torrent of hidden potential that will take humanity forward and off this terrifying path.ย We discuss how humanity's collective survival depends on transforming the finance industry from being a system that feeds narrow and privileged self-interests to one that fuels holistic prosperity for all of earths citizens. This thought-provoking conversation has implications for all of us - entrepreneurs, employees, investors(!!) and, the most important people of all; consumers. Itโs crucial each of us understands and works every day towards changing the status quo because a sustainable future for all of us depends on reshaping the finance industry and corporate world. Do you think you're ready to acknowledge that nothing else we do to improve the future for humanity matters unless we fix finance? If so, join us as we dive into the very hard and very deep issues that humanity MUST fix. Transforming the future ๐จ๐ฉ๐๐ง๐ฉ๐จ with transforming finance! If you're invested in solving climate, in improving diversity, in pursuing equality, in breaking down power structures and jamming a stick in the cogs of colonialism and its patriarchal systems, you'll find a welcome friend in this episode.
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