2016/07/27 09:25 Mila Popovitch, “Economics of Dignity and New Economy: Valuing Planet, People and Progress”, ISSS 2016 Boulder

Plenary @ISSSMeeting @MilaPopovich, Keynote #isss2016USA, 60th Annual Meeting of the International Society for the Systems Sciences and 1st Policy Congress of ISSS, Boulder, Colorado, USA

Day 3 theme:  Cultural, Ethical, and Economic Wisdom

Plenary V: Making Sense in Economics, Ethics, and Policy

  • Description: We need to examine the foundation of our global economic system that assumes unlimited growth in a finite world, to consider the paradigms of regenerative capital, steady-state economics, and innovation. This means considering no-growth and negative-growth models, and perhaps shifting our concept of growth from quantity to quality, from extraction to investment in natural and human capital.

Chair: Mila Popovitch, University of Colorado, Boulder

This digest was created in real-time during the meeting, based on the speaker’s presentation(s) and comments from the audience. The content should not be viewed as an official transcript of the meeting, but only as an interpretation by a single individual. Lapses, grammatical errors, and typing mistakes may not have been corrected. Questions about content should be directed to the originator. The digest has been made available for purposes of scholarship, posted by David Ing.

Presentation by Mila Popovitch, University of Colorado, Boulder

[Mila Popovitch]

Mila Popovitch, Wednesday plenary

Experience in humanities, comparative literature

  • Expiate for the sins

Female micro-subjectivity

Started in consultancy in evolved leadership, education for social change

  • Transdisciplinary education for new leadership for transformational change

Fellow of the World Academy of Art and Science

  • Chair, only woman
  • Old structures are being turned inside out

Have started a working group on New Economic Theory

  • Wide international group of disillusioned, but enheartened people
  • Ethics, mindset, worldview that runs us
  • The lens through which we view the world
  • No value without consent
  • Had 3 conferences:  Florida Gainesville, Lisbon Stellenbosch

History of World Academy

  • 1959, scientists including Oppenheimer, disheartened
  • Realized the knowledge they have been creating as been co-opted
  • 1960, started World University, bringing eminent thinkers together, that have key roles in merit, but show a steady service to humanity
  • Have to be developed in wide influence
  • Have a 14 year artist from Russia, to leaders of states

Beehive image

  • Website for new economic theory

Focused on changing values and policies, generating unemployment, widening inequality and bankrupting nature

  • Change value, and then deliver value


  • Cocreating, reimagining


Depletion and devastation of soil, soul and society

  • Need to reinvent and re-embody

Postmodern economy has led us to postmortem

  • Values
  • Paradoxical twist

Complex times require paradoxical solutions in return

  • What paradox can we bring?
  • That which is priceless — the true human potential — can be brought out
  • What do you share, that multiplies in return?
  • Get pushback
  • Not a crazy polarity
  • A way of being and acting in the world

Economics is creation, exchange, relationship

  • Can we reframe this, for reciprocity?


  • Capitalism from democracy
  • Even if have money, no guarantee of well-being
  • Hypnotic power of capitalism, even when a new book is written
  • U.S. democratic socialist, no one says we should reimagine socialism

Restoring the order of care

  • Create a social climate, system of care
  • Have to rearrange desires, not talking about buying power
  • Where are you investing your time, your emotions, where will you put that currency in?
  • Need more elegant living

In polarizing push and pulls of reward and punishment

  • Threat of discussion
  • Media
  • Want to talk about growth, evolution, carrying them forward
  • Measuring how transformed we are, how far we’ve come
  • To have technological solutions, we’ll have a lot of edifices
  • Sustainability as damage control
  • Edifices can be blown up, not sustainable
  • Sustainability as an art, bring art into sustainability

Systems sciences and systemic approach

  • Yesterday, workshop on rising social artistry, showing up in the world
  • Have been practicising systems sciences
  • Start with entry point, but then get overwhelmed
  • Perspective to study deep and wide:  governing principles and practices

Systemic study of megatrends, evolutionary process, 4 or 5 elements

  • Cannot be thinking of dealing, without correlations, e.g. micro-macro; inside-out; within-without

Space junk: halo of trash

  • Throwing a bottle out of car
  • Throwing into another country
  • There is an outside

Paradox: hold and balance

Continuum:  thinking – acting – being

  • Being in superposition
  • Joining multiple states of being
  • Can’t transport body
  • Consciousness is limitless, can regenerate
  • Identity is derived, e.g. women migrating around the world
  • If don’t deal with spectrum, will be dealing with welfare cases, immigration cases

We come as an accumulation of dream and desire of generations before us

  • Owe it as the seedling of what is coming forth
  • Native philosophy of 7 generations after you
  • Hope that we can play together, stay together

#isss, #isss2016