"There is one point which you make in your video with which I do not fully agree, however. I cannot take credit for this idea...it comes from my friend and author, Charles Eisenstein. In his recent book, Sacred Economics, he points out that greed is a symptom of an inaccurate perception of scarcity. And, that this perception of scarcity is what we need to be addressing. One human being to another...I heartedly encourage you to take a look at Chuck's writing. Here's a link to the passage to which I refer:" Greg Buxton, COO
The article Greg is referring to is rather lengthy but worth the read... But I think Greg thinks I think human greed is the underlying problem... I don't. I think that it's a symptom of the problem. Here is the opening of Charles article...
"For years, following conventional opinion, I thought the answer was “greed.” Why do sweatshop factories push wages down to the bare minimum? Greed. Why do people buy gas-guzzling SUVs? Greed. Why do pharmaceutical companies suppress research and sell drugs that they know are dangerous? Greed. Why do tropical fish suppliers dynamite coral reefs? Why do factories pump toxic waste into the rivers? Why do corporate raiders loot employee pension funds? Greed, greed, greed." Chapter 2 The Illusion of Scarcity
The article Greg is referring to is rather lengthy but worth the read... But I think Greg thinks I think human greed is the underlying problem... I don't. I think that it's a symptom of the problem. Here is the opening of Charles article...
"For years, following conventional opinion, I thought the answer was “greed.” Why do sweatshop factories push wages down to the bare minimum? Greed. Why do people buy gas-guzzling SUVs? Greed. Why do pharmaceutical companies suppress research and sell drugs that they know are dangerous? Greed. Why do tropical fish suppliers dynamite coral reefs? Why do factories pump toxic waste into the rivers? Why do corporate raiders loot employee pension funds? Greed, greed, greed." Chapter 2 The Illusion of Scarcity
"Money, which has turned abundance into scarcity, engenders greed. But not money per se—only the kind of money we use today, money that embodies our cultural sense of self, our unconscious myths, and an adversarial relationship with nature thousands of years in the making. All of these things are changing today. Let us look, then, at how money came to so afflict our minds and ways, so that we might envision how the money system might change with them."
I agree with this sentiment. However, my contention is greed is a symptom of the corporate 1.0 model that places revenue creation as the MOST important goal superseding ALL others. And at looking at the corp 1.0 model I realized that the way these companies come into existence is at the root of the problem. The most powerful ones are created by investments from the 1% (angels, VCs, institutional investors) . And remember that less than 1% of pre-seed startups and ideas become seeded early stage startups, and is it a any coincidence that they need the backing of the 1% to make it? I don't think so... these investors DEMAND a return and this demand turns the corporations into greed machines driven by the obligations of a few investors.
The closed "Startup" is a incubator for selfish 1.0 corporation.

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