...courtesy of the Centre for Local Economic Studies & New Start:
We’re in a systemic crisis of human and environmental capital. This is the moment that things are going to get re-organised and radically transformed. Our generation will see the biggest transformation since the corporate firm was born 200 years ago. We will see that same magnitude of change as we fundamentally shift how we, as humans, organise ourselves. This transformation will take place whether we like it or not, the economic conditions are there. We’re going to need to rebuild most of the institutional infrastructure of the UK. Some of it because there’s no other viable way of keeping it going, while other institutional infrastructure – like education – is being actively challenged by changes in business model, by value extractable. We’re in a remarkable place that’s changing the nature of being, of who you are and how you have to behave. Whether you call it the Big Society or the Good Society, the idea that civic society is going to become more self-organising will happen. We’re on the verge of new tipping point around that. Whether it’s about setting up a co-op to buy energy that creates a whole new market relationship with providers or about DIY-producing our own furniture, this is the new behaviour of society and it will fundamentally change the nature of production, the relationship between consumers and producers, and the nature of investments. We are in a great restructuring, a great transformation. Technology, culture and human consciousness – how we exist in the world – are changing.
We’re in a remarkable place that’s changing the nature of being, of who you are and how you have to behave.