Lovins, H. (2019). Regenerative Community Hubs: Creating a Finer Future in your Place. Solutions 10(1): 36–39. https://www.thesolutionsjournal.com/article/regenerative-community-hubs-creating-a-finer-future-in-your-place
Perspectives Regenerative Community Hubs: Creating a Finer Future in Your Place by L. Hunter Lovins
H
ow do you create a finer future where you live? The Regenerative Communities Network, founded by Capital Institute’s John Fullerton and Stuart Cowan has an answer. Hundreds of people and almost two dozen communities around the world are embodying Fullerton’s principle of “Regenerative Capitalism: How Universal Principles and Patterns Will Shape the New Economy,” in real places. “Nature is sustainable because it is regenerative.” This observation by John Fullerton asks us to look beyond conventional sustainability efforts to underlying drivers. Nature has been regenerating itself for billions of years, but the concept only entered human discourse when Buckminster Fuller set out to critique capitalism by describing “the integrity of eternal regeneration,” as the organizing principle of the universe. Bucky’s grasp of capitalism (and simple syntax) may leave a bit to be desired, but in fairness, economics was simpler back then, before algorithms and artificial intelligence drove trading regimes to imperil global prosperity. It was left to Fullerton, an apostate banker, to blend Bucky’s concepts of regeneration with a sophisticated understanding of economics and finance. Fullerton left a comfortable position as Managing Director at JP Morgan to enter a decade of deep study and awakening. Like Bucky, he determined that the essence of the evolutionary process and natural systems is regeneration. He framed eight principles drawn from living systems to suggest that we organize society
From Theory to Practice: T OHubs WA R D S A A Global Network of Bioregional
Nourish/support REGEN E R AT I Vto E accelerate WORLD
Attract centers, cultivate leadership, name it
measurable regenerative outcomes Connect hubs in digital community of practice Illuminate to build a movement Redefine policy agenda to support emergence of regenerative economies Capital Institute
Capital Institute’s Theory of Change
very differently. His articulation of an economy aligned with nature’s principles and the laws of physics rests on the patterns and principles that the living and non-living universe uses to build stable, healthy and sustainable systems. This concept spread slowly before exploding in 2017. Now, dozens of conferences consider various aspects of regenerative agriculture, regenerative organizations, regenerative society, and even regenerative marketing (whatever that means). Urban developer John Knott uses the principle of regenerative development to craft delightful urban spaces that foster community. Others apply the concept to guide successful businesses. Fullerton defines Regenerative Economics as “the application of nature’s laws and patterns of systemic health, self-organization, self-renewal and regenerative vitality to socioeconomic systems.” It draws from the best thinking in evolutionary biology, ecological economics, positive
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psychology, economic democracy, and the emerging discipline of Humanistic Management to offer a new story of who we are as human beings, and how we can craft a Finer Future. The eight principles of Regenerative Capitalism are: 1. Right Relationship: This principle holds the continuation of life sacred and recognizes that the human economy is embedded in human culture, which is itself embedded in the biosphere. All systems—from molecular scale all the way to cosmic scale—are nested, interconnected, and defined by overarching relationships of mutualism, within which day-today exchanges take place. 2. Innovative, Adaptive and Responsive: Drawing on the innate ability of human beings to innovate and “create anew” across all sectors of society. Humans are innately creative and entrepreneurial. Even in failure, we “begin again.”