The following ideas are drawn from my rough draft notes for a research white paper I’m writing at the moment based on my articles since 2007. The paper is intended to be a survey and my reflections of some of the emerging ideas and ages old wisdom born from our community of practice over the last 35-50 or so years, and how we can improve the creations and contributions many of us are making to serving and evolution of capital markets, economic development, business systems, ecological management, regenerative agriculture, circular economy, impact investing, restoration and reconciliation, etc. and all the various approaches you can imagine to find better ways forward:
There is an imperative for a new paradigm that goes beyond sustainable development, one that involves a collective vision for redesigning our civilization, drawing inspiration from nature through biomimicry. At the heart of this transformation is working within planetary boundaries and embracing a city to city, citizen to citizen cooperative community of practice within a larger bioregional framework, which takes into account local community efforts and nature's context of each bioregion from which cities operate. For example Mediterranean cities (or leaders within cities residing in Mediterranean climates in one of the four bioregions of that template) can cooperate with each other since they face very similar conditions of climate and the challenges of those unique environments.
To fulfill the grand aspirations of regenerative development and economic transformation, it is essential to establish guiding principles for future inquiry and create contexts that are resilient and adaptable. Adopting a localized approach to development and financing allows for improved coordination and tailors solutions to the needs of specific communities. There needs to be a new era of cooperation emerging, benefited from the technosphere, the conscious cultivation of communities across the planet harnessing the relational bonds that can now be formed on the ubiquitous tools of communication, videoconferencing, peer learning, cooperative tools, and of course AI.
Yet to underwrite the evolutionary cooperation, a hallmark of the emerging symbiocene, we need resources. The eight types of capital of which money is one.
We must transcend the logic of the global casino, toward a culture of care, place by place, culture by culture, people to people. This new ethos provides a new responsibility, and role of care for us to steward the collective through the conceptual emergency, as if on boats navigating the treacherous narrows, we require deft leaders, systems leaders, operating from the full responsibility that we must care equally for the future and current generations, based on the science of ecological principles, evolutionary systems thinking, and multidisciplinary ways of developing pathways for resilience. Cooperation is the way we got this far, so we have to partner together and cooperate in new and innovative ways for a win win society. A as we know from the scholarship that has revealed deeper reflections on Darwin's thinking, that cooperative systems to increase survival as organisms learned over the eons working together gets us a lot farther than working apart. From the intergenerational wisdom such as the golden rule, we must also listen to life's principles through biomimicry and symbiosis of self organizing living ecosystems as our guide. These ideas, tested nearly 4 billion years of life on earth, can be patterns and behaviors of groups of organisms,can help us see new ways to approach civilization design, for example for us to create a curricula for biomimimicry of living systems for human settlements, land use and urban rural landscape regeneration. By integrating scenarios for opportunities emerging from the chaos of this time, we harness our collective intelligence to cocreatively architect and invest in the better futures with new ways to relate and design systems change through creating bioregional regeneration and economic development innovation communities of practice and peer to peer learning living laboratories inspired and grown in cooperation with systems for all ages designed for creating better outcomes which will improve life for communities and the homes for our families and for the future generations in our hometowns, cities states and countries, in all places. To create beauty which inspires and touches the Iives of people and places hundreds of years, if not thousands of years into the future. We must design new ways to steward our heritage, our wealth, as fiduciaries, for the collective inheritance with a full recognition of the incalculable value of the very life support systems here on earth which have enabled this human experiment.
By reevaluating the notion of value, and risk, and growth, we can develop a new Modern Portfolio Theory, for the entire portfolio of a place, a country, city, bioregion, family, or neighborhood. We must look at the totality of the treasures we carry and cultivate wealth from. This must be crafted for the 21st century, not the 20th, from which most of us learned our now calcified worldview. We must upgrade our thinking, our mental model. There is a new paradigm needed, as I stated at the beginning of this article. And if money makes the world go round, we must at least redesign innovations in the way we see, use and especially manage money to unlock the true wealth in systems all around us. A caterpillar must use all of it's gifts to become the butterfly. In more conventional terms based on the context of today's capital markets, we must start by integrating impact investing with economic development through a shift in approach.
This new perspective should embody regeneration, nurturing ecosystems and communities, and creating ‘living laboratories’ for testing and applying innovative development frameworks. Fiduciary responsibility should extend far beyond financial capital to encompass all eight types of capital, reflecting a holistic and long-term view of wealth and well-being. Offering these insights and tools as a public utility, instead of for private gain, and empowering sovereign communities for a new type of stewardship of our collective inheritance of the true wealth.
The fusion of new mindsets and cooperation and cross pollination between groups is essential in integrating impact investing with economic development in bioregions, through an approach that is deeply rooted in living systems and listening to the ways that plants and animals have organized communities over eons, and ways that humans have cooperated with nature's processes to work in symbiosis with the web of life from which we are born.
Such systems should embrace complexity, foster connectivity, promote diversity, cultivate resilience, be grounded in place, regenerative in nature, community-led, and holistic in approach. This is seamlessly linked to the new paradigm of living systems for capital markets, which posits that economic development and traditional finance must evolve synergistically, with principles from living systems integrated into finance to bolster a resilient and sustainable future.
Were we to allow finance to simply evolve to serve the 21st century needs for what I feel are the 5 R's relationship, resilience, regeneration, reconciliation, and reverence, in partnership with the community of all life. This would turn finance into a better tool in service to our humanity, to meet the needs of current and future generations at the same time, by simply waking up out of our dream of separation from life into seeing our belonging, each of us in community with the whole of humanity and our massive inheritance of the bounty of earth.
The bioregional economic, capital markets and financial systems being developed by many groups across the world hold promise to create flourishing new and innovative ways to play well together for our economies, our families, our communities, and our ecosystem of plant and animal neighbors across the planet. This reorientation of mindset is necessary for us to vision the future in ways that help us manifest the future by expanding our imaginal capacity for better futures. And those of us seeing new and better ways can get more done together by symbiotic cooperation to accelerate the adoption of the solutions, helping every city and share the gists of our success through building on the term “the future is already here, just not widely distributed” - so we help distribute better ways for people to gather and create new ways forward for improving quality of life.
Since we are in the midst of a crisis of perception in this tenuous time, we can see we are in some form of a conceptual emergency. Since our institutions based on old thinking have reached their limit of functionality, and imaginal capabilities, we must transmute the body of our bureaucracy born of obsolete thinking, into the new mutually beneficial way forward in the process of transmutation, like making lemonade out of lemons. Or in a similar manner that a caterpillar recreates herself into the butterfly, through transmutation, shapeshifting.
Since there is nothing in our cultural history that has adequately prepared us for the evolutionary challenges we now face. We must realize that for institutional transformation the solution calls on all of us to find new and innovative ways of developing clear and coherent thinking together in our cultures, we must shift our perspective to find the way to achieve getting out of the box, if the instructions for how to get out of the box are written outside the box. Simply we must contemplate new ways to adapt our mindset, literally rewire our worldview to see what is and how to get to next. The wisdom traditions and personal development schools of practice over generations have created the tools of self cultivation for moving from survival to thrival, and peace of mind with our relationships with the community all around us.
This transformation for new placemaking and and systems design for technological and cultural evolution and requires creating design systems for developing and tracking the emerging successes, and deploying them to communities across the network of networks in the bioregions across the world, and help diffuse the innovations in the living laboratories in cities across the world. We did a talk at SOCAP in 2016 called building an economic ecosystem like 3D Chess, local regional and systemic, coordinating a network of networks, decentralization of a network of nodes in thousands of cities all open sourcing their best ideas and projects into manifestations, and thus fueling the evolution, local regional and systemic simultaneous transformations, where many-to-many relationships and market design are nurtured through collective intelligence and co-creation, resulting in an omnicentric landscape that acknowledges the interconnectedness of all elements and all living beings.
This essay is a synthesis of what we learned in our efforts over the last 15 years, and in particular the project I led with the City of San Francisco in 2013-2014 expressed in this May 2014 article "Communities Co-Evolving Toward Reslience"
And if you have gotten this far the following is the version edited by AI from the above language comparing both in conversations would be really interesting :
A new paradigm is imperative—one that transcends sustainable development and envisions the redesign of our civilization through biomimicry, drawing inspiration from nature’s intelligence. At the core of this transformation lies an approach that respects planetary boundaries, fostering a cooperative network of cities and citizens within a bioregional framework. This model acknowledges the local context and ecological nuances of each bioregion, enabling cities within similar climates—such as Mediterranean urban centers—to collaborate in addressing shared environmental and social challenges.
To realize the ambitious vision of regenerative development and economic transformation, we must establish guiding principles that encourage resilience and adaptability. A localized approach to development and finance strengthens coordination and allows for tailored solutions that meet specific community needs. We are entering a new era of cooperation, one that leverages the technosphere—the interconnected digital realm—to cultivate communities of practice across the planet. Through ubiquitous tools such as communication networks, videoconferencing, peer learning platforms, cooperative systems, and AI, we can strengthen these relational bonds and accelerate collective progress.
Yet, to support this evolutionary cooperation—the hallmark of the emerging Symbiocene—we must harness diverse forms of capital, of which money is only one. We must move beyond the logic of the global casino toward a culture of care, one that is place-based, people-centered, and deeply interwoven with the fabric of nature. This shift requires us to embrace a new ethos of responsibility and stewardship, recognizing that our collective navigation through this conceptual emergency demands deft leadership. Like sailors traversing treacherous waters, we need systemic thinkers who can operate with a full sense of responsibility—ensuring the well-being of both current and future generations. This must be grounded in ecological principles, evolutionary systems thinking, and interdisciplinary approaches to resilience.
Cooperation has been humanity’s most enduring survival strategy. Emerging scholarship on Darwin’s work reveals that collaboration, not competition, has been the driver of thriving ecosystems and successful civilizations. The intergenerational wisdom embedded in principles like the Golden Rule must be coupled with insights from biomimicry—learning from self-organizing ecosystems to guide our economic and social structures. Nature’s four-billion-year legacy of adaptation provides us with profound lessons in systems design, inspiring new models for human settlements, land use, and urban-rural landscape regeneration.
By embracing the opportunities hidden within today’s chaos, we can harness collective intelligence to co-create regenerative bioregional economies. Investing in living laboratories and innovation hubs enables us to develop and refine systemic solutions in partnership with communities of all ages. These ecosystems of practice can drive sustainable economic development, enhance local livelihoods, and ensure that our cities and homelands remain viable for generations to come. Our responsibility is not only to design functional societies but to cultivate beauty that inspires and enriches lives for centuries—if not millennia—into the future.
To steward our shared inheritance, we must reevaluate our understanding of value, risk, and growth. The traditional portfolio management mindset must evolve into a new Modern Portfolio Theory—one that encompasses the full wealth of a place, whether a city, bioregion, family, or neighborhood. Our current economic models are relics of the 20th century; we must upgrade our mental frameworks to meet the demands of the 21st. If money is the engine that drives our global systems, then we must fundamentally redesign its management to unlock the deeper, more enduring wealth embedded in living systems.
Just as a caterpillar must leverage all its inherent resources to become a butterfly, so too must we integrate impact investing with economic development through a paradigm shift. This shift must embrace regeneration, not mere sustainability—nurturing ecosystems, strengthening communities, and fostering innovation through living laboratories that experiment with new development frameworks. Fiduciary responsibility must extend beyond financial capital to recognize all eight types of capital, reflecting a more holistic, long-term perspective on wealth and well-being.
Rather than hoarding insights for private gain, these tools and frameworks should be shared as a public utility, empowering sovereign communities to steward their collective inheritance. The fusion of new mindsets with cooperative, cross-disciplinary engagement is crucial for integrating impact investing with bioregional economic development. By observing how plants, animals, and indigenous cultures have harmonized with nature over millennia, we can design financial and social systems that align with the principles of living systems.
Such an approach must embrace complexity, foster connectivity, promote diversity, and cultivate resilience. It should be grounded in place, community-led, and regenerative by nature. This aligns seamlessly with the emerging paradigm of living-systems finance—where economic development and capital markets evolve in harmony, incorporating principles of ecological resilience into financial models to ensure a thriving, sustainable future.
If finance is to serve the needs of both current and future generations, we must reorient it around what I call the Five R’s: Relationship, Resilience, Regeneration, Reconciliation, and Reverence. This shift requires waking up from the illusion of separation—seeing ourselves as part of an interconnected web of life rather than as isolated economic agents. We must recognize our belonging, both to humanity and to the Earth’s abundant ecosystems.
Bioregional capital markets, already in development by forward-thinking groups around the world, hold the promise of creating flourishing, cooperative economies that support both human and ecological well-being. This transformation begins with a shift in perception. By expanding our collective imagination, we can manifest more regenerative futures—distributing innovative solutions across cities and bioregions, accelerating the adoption of best practices, and ensuring that no community is left behind.
As we stand at the precipice of a conceptual emergency, we must recognize that many of our institutions—built on outdated paradigms—have reached the limits of their functionality. Our bureaucratic structures, born of obsolete thinking, must be transmuted into systems that foster cooperation, resilience, and shared prosperity. Just as a caterpillar undergoes metamorphosis to become a butterfly, our societal institutions must evolve through transformative adaptation.
History has not adequately prepared us for the evolutionary challenges we now face. Institutional transformation requires not just new policies, but a fundamental shift in mindset. We must think beyond the frameworks that have shaped our current crises, recognizing that the solutions lie outside of the cognitive box we have inherited. As wisdom traditions and personal development schools have long taught, self-cultivation is key to transcending survival-based thinking and moving toward a thriving, interconnected future.
The design of new systems for technological and cultural evolution requires mechanisms for tracking success, refining innovations, and scaling them across global networks. This demands an intentional approach—one that fosters decentralized networks of cooperation, enabling thousands of cities to open-source their best ideas and projects. By coordinating at local, regional, and systemic levels, we can foster an “omnicentric” landscape where all elements are interwoven in a dynamic, co-creative process.
The time has come to recognize that a better future is already within reach—it simply has not yet been widely distributed. By embracing cooperative innovation, investing in systems of shared learning, and fostering the cultural conditions for widespread transformation, we can ensure that finance, economic development, and community resilience evolve in service of a flourishing planet.
Let us rise to the challenge, embracing the wisdom of nature and the intelligence of cooperation to co-create a more regenerative, equitable, and thriving world.