S3 E65 New Capital and Ownership Journey

Episode discussion topics

• How can capitalism be merged into the doughnut economic model?
• How can we have a system that facilitates the creation of new businesses without the burden on the biosphere of unending economic growth and profits?
• How do we get to something more sustainable?
• Our proposal:
  • Start-up - private validation and growth cycle
    • Corporate entity
    • Private shares and seed capital through peer-to-peer investing platforms
  • Growth - public cycle growth cycle
    • Corporate entity
    • Conversion to publicly traded shares
  • Sustainability - community reinvestment cycle for the common good
    • Non-profit entity
      
    • Employee ownership
    • Strictly limited ownership access through publicly traded shares
• Calls to Action:
  • Consider opportunities for your ideas to start a business.
    • Maybe there is a product you would love to improve or a service you can provide that is in demand.
    • How much would it cost to begin selling a product or marketing a service?
    • Where and how would you find customers and sell the product or service?
    • Then check out the amounts you might be able to raise through existing peer or group lending platforms.
    • Also, save some seed money from other jobs, pay a little out of pocket as you go, or consider borrowing part of the funds you need. But do your best not to borrow or take risks with your or other people's nest eggs.
  • Support local leaders in business and civics that are willing and capable of trying something new to spur the coming of the next great economy. One such potentially revolutionary idea is to support new avenues of providing access to training and funding for aspiring entrepreneurs and new businesses.
  • Share with us what you think about these ideas on our sponsor's Facebook page Citizen Do Good.
• Honorable mentions:
  • Doughnut Model (previous episodes)
    • • S2 E25 | New Economics a la Doughnut
      • S3 E45 | Doughnut Time: Our Sustainable Responsibility

  • Hippocratic Oath (National Institutes of Health)

  • Biomimicry (Biomimicry Institute)

  • SBA Loan Guarantee Program Info (pdf from U.S. Government site)

Your hosts: Michael V. Piscitelli and Raymond Wong Jr.

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