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Transparency is very important in banking and in business. The financial sector needs to be re-created – it needs to be smaller and less complex. In nature there is no efficiency – only effectiveness (this is similar to the thinking of great Peter Drucker). In nature the time is the factor of development. Business schools and their teachings need to change accordingly.

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The following speaker (via video) needed no introduction, but let me just share some info on him (taken from Wikipedia): Bill McKibben is an American environmentalist, author, and journalist who has written extensively on the impact of global warming. He is the Schumann Distinguished Scholar at Middlebury College. In 2010, the Boston Globe called him "probably the nation's leading environmentalist" and Time magazine described him as "the world's best green journalist." Bill McKibben is doing an amazing work through 350.org, but for the purpose of this paper I will focus on his writing, and share one more excerpt from Wikipedia: McKibben is a frequent contributor to various publications, and his first book, The End of Nature, was published in 1989 by Random House after being serialized in the New Yorker. It is regarded as the first book for a general audience about climate change. His next book, The Age of Missing Information, was published in 1992. It is an account of an experiment in which McKibben collected everything that came across the 100 channels of cable TV on the Fairfax, Virginia, system (at the time among the nation's largest) for a single day. He spent a year watching the 2,400 hours of videotape, and then compared it to a day spent on the mountaintop near his home. This book has been widely used in colleges and high schools and was reissued in a new edition in 2006. His book, Deep Economy: the Wealth of Communities and the Durable Future, published in March 2007, was a national bestseller. It addresses what the author sees as shortcomings of the growth economy and envisions a transition to more local-scale enterprise.

www.nektarinanonprofit.com

Notes from The Schumacher Centenary Festival  

Notes from The Schumacher Centenary Festival

Notes from The Schumacher Centenary Festival  

Notes from The Schumacher Centenary Festival

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