1
00:00:00,040 --> 00:00:02,720
Thanks so much for tuning in to 
Reversing Climate Change. 

2
00:00:03,080 --> 00:00:07,040
I'm the host, Ross Kenyon of two
sponsors right now, Rainbow and 

3
00:00:07,040 --> 00:00:09,440
Philip Lee LLP. 
If you give me a couple minutes,

4
00:00:09,440 --> 00:00:12,080
I'll tell you about why they are
very relevant to your interests,

5
00:00:12,360 --> 00:00:14,840
so listen up. 
If you follow me on Sub Stack or

6
00:00:14,840 --> 00:00:18,000
LinkedIn, you've probably seen 
me write for Rainbow recently. 

7
00:00:18,560 --> 00:00:21,640
They have a very idiosyncratic 
approach to how science is 

8
00:00:21,640 --> 00:00:25,440
commercialized and how 
engineering works within carbon 

9
00:00:25,440 --> 00:00:27,280
removal. 
And I really like working with 

10
00:00:27,280 --> 00:00:28,400
them. 
I've learned a lot from the 

11
00:00:28,400 --> 00:00:30,480
people there. 
They're very smart, thoughtful 

12
00:00:30,480 --> 00:00:33,520
people and they're aiming to be 
the most developer centric 

13
00:00:33,520 --> 00:00:36,760
registry out there. 
What's cool about Rainbow is how

14
00:00:36,760 --> 00:00:39,480
seriously they take field 
engineering experience. 

15
00:00:39,760 --> 00:00:41,280
They aren't. 
They're just to write a bunch of

16
00:00:41,280 --> 00:00:44,920
detached rules about how things 
should work in the abstract and 

17
00:00:44,920 --> 00:00:47,760
then let project developers 
figure it out, know they are 

18
00:00:47,760 --> 00:00:51,160
very serious about field 
engineering, about how 

19
00:00:51,160 --> 00:00:54,680
operations actually work in the 
real world, and they take a 

20
00:00:54,680 --> 00:00:57,360
rigorous yet philosophical 
approach. 

21
00:00:58,000 --> 00:01:01,160
I'll link to those articles in 
the show notes in the sponsors 

22
00:01:01,160 --> 00:01:02,160
section. 
You should check them out 

23
00:01:02,160 --> 00:01:05,560
because it will give you a very 
good idea of why I think Rainbow

24
00:01:05,560 --> 00:01:08,240
is a very cool company and one 
that you should consider doing 

25
00:01:08,240 --> 00:01:10,520
business with. 
If you are a project developer 

26
00:01:10,520 --> 00:01:13,400
and you're thinking about which 
registry to use for your next 

27
00:01:13,400 --> 00:01:17,040
project, you should absolutely 
take a meeting with Rainbow and 

28
00:01:17,040 --> 00:01:19,800
see if there's a fit there. 
One thing to keep in mind that 

29
00:01:19,800 --> 00:01:22,080
is often very important to the 
project developers that I've 

30
00:01:22,080 --> 00:01:25,720
interviewed as a result of my 
work with Rainbow doing customer

31
00:01:25,720 --> 00:01:27,000
discovery work. 
You're just trying to wrap my 

32
00:01:27,000 --> 00:01:29,880
head around the opportunities 
that they're seeing is how fast 

33
00:01:29,880 --> 00:01:33,120
their certification process is. 
They typically quote around 3 

34
00:01:33,120 --> 00:01:36,080
months to issue carbon credits, 
which is very short. 

35
00:01:36,080 --> 00:01:40,080
It goes by lickety split for 
registries. 

36
00:01:40,320 --> 00:01:42,600
So if you're a project 
developer, you're looking for a 

37
00:01:42,600 --> 00:01:46,240
registry to use to certify and 
issue your carbon credits. 

38
00:01:47,080 --> 00:01:49,240
Take a look at rainbow links in 
the show notes. 

39
00:01:49,520 --> 00:01:52,040
Thanks so much for listening. 
I'd also love to tell you about 

40
00:01:52,040 --> 00:01:54,840
Philip Lee. 
LLPI really like doing shows 

41
00:01:54,840 --> 00:01:56,440
about the law. 
I think the law is such a 

42
00:01:56,440 --> 00:02:00,160
fascinating part of our shared 
social life. 

43
00:02:01,000 --> 00:02:04,240
It structures so much of it. 
It's badly understood by most 

44
00:02:04,240 --> 00:02:06,560
people. 
And just structuring deals 

45
00:02:06,560 --> 00:02:11,000
within carbon removal is hard. 
I'm talking grown up deals here,

46
00:02:11,000 --> 00:02:14,400
like when you're trying to put 
together an enormous package 

47
00:02:14,520 --> 00:02:18,240
complicated structuring a lot of
money, changing hands. 

48
00:02:18,320 --> 00:02:21,400
The stakes are high. 
You really do need a good 

49
00:02:21,400 --> 00:02:23,040
lawyer. 
I'm sorry to tell you that if 

50
00:02:23,040 --> 00:02:25,960
you are a startup out there in 
carbon removal, you're going to 

51
00:02:25,960 --> 00:02:28,640
probably pay a fair amount of 
money to lawyers. 

52
00:02:28,640 --> 00:02:31,280
There's just no way around it. 
Your choice is basically do you 

53
00:02:31,280 --> 00:02:33,680
get a bad lawyer or a good 
lawyer. 

54
00:02:34,000 --> 00:02:37,480
One really cool thing I can say 
on Philip Lee LL PS behalf. 

55
00:02:38,080 --> 00:02:42,880
Well, one, Ryan Covington and I 
did a very fun show about how 

56
00:02:42,880 --> 00:02:46,640
basically no one except for an 
elite few really know what 

57
00:02:46,640 --> 00:02:48,840
bankability and project finance 
even mean. 

58
00:02:49,400 --> 00:02:51,800
And he lays it out very clearly.
If you'd like to go listen to 

59
00:02:51,800 --> 00:02:54,040
that show, it's awesome and it's
LinkedIn, the show notes. 

60
00:02:54,440 --> 00:02:58,040
And also we end up talking about
Ernest Hemingway of Vermont too.

61
00:02:58,480 --> 00:03:01,360
So it keeps with the tradition 
of reversing climate change. 

62
00:03:01,600 --> 00:03:04,920
One also really cool thing is 
that they just won Environmental

63
00:03:04,920 --> 00:03:07,040
Finances, VCM Law Firm of the 
Year. 

64
00:03:07,560 --> 00:03:11,880
They put it three years in a 
row, 2023-2024 and 2025. 

65
00:03:12,240 --> 00:03:15,400
It's the only award for legal 
teams operating in the DCM, and 

66
00:03:15,400 --> 00:03:17,920
they have offices in the US, 
Europe, and the UK. 

67
00:03:18,480 --> 00:03:20,480
You should check out Philip Lee 
LLP. 

68
00:03:20,640 --> 00:03:22,600
Thank you from the bottom of my 
heart for listening to this, and

69
00:03:22,600 --> 00:03:25,400
thank you to our sponsors. 
You really make this so that 

70
00:03:25,760 --> 00:03:28,760
it's something that in a busy 
life with lots of competing 

71
00:03:28,760 --> 00:03:31,520
priorities, I'm able to keep 
coming back and making more. 

72
00:03:31,520 --> 00:03:34,240
Reversing climate change. 
Thanks so much for what you do. 

73
00:03:34,520 --> 00:03:45,240
And now here is the show. 
Hey, thank you so much for 

74
00:03:45,240 --> 00:03:46,960
listening to Reversing Climate 
Change. 

75
00:03:47,320 --> 00:03:49,120
I'm Ross Kenny and I'm the host 
of the show. 

76
00:03:49,480 --> 00:03:51,760
I'm a long time carbon removal 
entrepreneur. 

77
00:03:51,760 --> 00:03:54,400
I'm going to do a quick 
introduction to the show today. 

78
00:03:54,800 --> 00:03:57,040
Get you right to the show. 
I don't think we need a long one

79
00:03:57,040 --> 00:03:59,520
because we explain what we're 
talking about in pretty decent 

80
00:03:59,520 --> 00:04:02,280
detail here. 
Today's show is a nice 

81
00:04:02,280 --> 00:04:04,240
introduction to regenerative 
economics. 

82
00:04:04,480 --> 00:04:07,640
My guest is Eugene Kerbachev. 
Eugene started to work on 

83
00:04:07,640 --> 00:04:09,600
climate. 
It is one of the main online 

84
00:04:09,600 --> 00:04:12,680
communities for people who are 
looking to leave their jobs 

85
00:04:12,680 --> 00:04:16,519
outside of climate and find a 
way in, and it's in the middle 

86
00:04:17,320 --> 00:04:22,600
of a of a big change right now. 
Eugene had a post on LinkedIn 

87
00:04:22,600 --> 00:04:25,240
that caught my attention and we 
had to do a show. 

88
00:04:25,920 --> 00:04:27,640
I think this is a great place to
start if you'd like to learn a 

89
00:04:27,640 --> 00:04:30,760
little bit about regenerative 
economics, what all that means? 

90
00:04:30,760 --> 00:04:33,000
Is that possible? 
I detail some of the common 

91
00:04:33,000 --> 00:04:36,520
criticisms that I hear. 
I would like to see a world that

92
00:04:36,520 --> 00:04:39,040
felt more regenerative. 
I would like to see a world that

93
00:04:39,040 --> 00:04:41,920
felt more cooperative. 
I would like to see a lot of the

94
00:04:41,920 --> 00:04:45,760
arms race dynamics that we and 
what has become a running joke 

95
00:04:45,760 --> 00:04:49,760
on the show of the non rival 
Risk game theoretic 

96
00:04:49,760 --> 00:04:51,600
environments. 
Which I can't believe I didn't 

97
00:04:51,600 --> 00:04:53,320
say this on the show because I'm
pretty sure I got that from 

98
00:04:53,320 --> 00:04:55,600
Daniel Schmuckenberger years and
years ago. 

99
00:04:56,680 --> 00:05:01,000
And Eugene is on the show 
talking about how much Daniel 

100
00:05:01,000 --> 00:05:02,680
Schmuckenberger has influenced 
him. 

101
00:05:03,480 --> 00:05:05,800
In any case, I'll just let you 
get into it. 

102
00:05:06,000 --> 00:05:08,800
And since I have you here, 
before I start the show, can you

103
00:05:08,800 --> 00:05:10,960
please open up your podcast app 
really quickly? 

104
00:05:11,480 --> 00:05:14,680
Give the show 5 stars on Spotify
or an Apple podcast if you're 

105
00:05:14,680 --> 00:05:17,360
also on Apple Podcast. 
A quick review would also be 

106
00:05:17,360 --> 00:05:19,240
great. 
Something as simple as I really 

107
00:05:19,240 --> 00:05:21,520
love this show that would be 
much appreciated. 

108
00:05:21,800 --> 00:05:24,720
There's also an option to give 
$5 a month and become a paid 

109
00:05:24,720 --> 00:05:26,720
subscriber and gets rid of all 
the ads that I don't read 

110
00:05:26,720 --> 00:05:29,240
myself. 
And I think that's enough for 

111
00:05:29,240 --> 00:05:31,480
now. 
Here's the show with Eugene. 

112
00:05:35,880 --> 00:05:38,520
Thanks for being here, Eugene. 
Thanks for having me, Ross. 

113
00:05:39,880 --> 00:05:43,400
I really liked your post talking
about some of the emotional 

114
00:05:43,400 --> 00:05:48,320
content of working on climate, 
watching the world move away 

115
00:05:48,320 --> 00:05:52,640
from climate, and what it might 
take for us to collectively 

116
00:05:53,240 --> 00:05:55,200
figure out what the hell we're 
all doing here. 

117
00:05:55,560 --> 00:05:57,400
And I've been grappling with 
similar things. 

118
00:05:58,080 --> 00:06:00,680
Friend of the show Dave Addison 
sent me your post and was like 

119
00:06:00,680 --> 00:06:03,520
you should have Eugene on. 
I take Dave's recommendations 

120
00:06:03,520 --> 00:06:06,640
pretty seriously. 
Lo and behold, we are here. 

121
00:06:07,600 --> 00:06:09,440
So I'm hoping for some spiritual
coaching right now. 

122
00:06:09,440 --> 00:06:12,520
Eugene, can you lay out kind of 
your your theory of what's 

123
00:06:12,520 --> 00:06:15,600
happening and what is giving you
hope to continue working in 

124
00:06:15,600 --> 00:06:19,640
climate at this moment? 
Yeah, Dave is a friend as well. 

125
00:06:19,640 --> 00:06:22,840
I have a lot of respect to him 
and I know I imagine that he 

126
00:06:22,840 --> 00:06:24,600
would resonate with what that 
boss says. 

127
00:06:25,120 --> 00:06:28,120
Yeah, funny that you say 
spiritual coaching because I 

128
00:06:28,120 --> 00:06:30,640
think that the biggest unlock 
for me and being able to make 

129
00:06:30,640 --> 00:06:34,120
sense of what is going on has 
been meditation. 

130
00:06:34,120 --> 00:06:39,240
So I went on a 10 day silently 
passing the meditation course. 

131
00:06:39,440 --> 00:06:42,400
It's one of those pretty 
hardcore ones where you can't 

132
00:06:43,040 --> 00:06:47,080
like, really, you can't write, 
you can't talk to anyone or 

133
00:06:47,080 --> 00:06:49,760
communicate in any way. 
Like, really, I was going there 

134
00:06:49,760 --> 00:06:53,080
because I felt that I'm burning 
out and I thought, you know, let

135
00:06:53,080 --> 00:06:56,880
me know, relax and recharge and 
reset. 

136
00:06:56,880 --> 00:06:59,280
And it turned out to be a 
completely different thing. 

137
00:06:59,680 --> 00:07:02,440
Like the difference between data
or system meditation most people

138
00:07:02,440 --> 00:07:05,040
think about is like the 
difference between chamomile tea

139
00:07:05,040 --> 00:07:07,080
and an acid trip. 
Sorry. 

140
00:07:07,080 --> 00:07:11,120
It was like, it's really a boot 
camp for nervous system is what 

141
00:07:11,120 --> 00:07:12,960
it is. 
And you come out of it with a 

142
00:07:12,960 --> 00:07:17,320
nervous system upgrade. 
The main gist of the upgrade is 

143
00:07:17,320 --> 00:07:22,400
that you develop a much, much 
higher tolerance for 

144
00:07:22,400 --> 00:07:24,120
uncomfortable feelings and 
emotions. 

145
00:07:25,120 --> 00:07:30,360
For example, where previously, 
like my ability to think would 

146
00:07:30,360 --> 00:07:32,680
stop somewhere in the territory 
of, Oh my God, we're all going 

147
00:07:32,680 --> 00:07:37,280
to die, now I can think, you 
know, and what, then what after 

148
00:07:37,320 --> 00:07:42,480
that or like, and So what? 
It also is useful in many other 

149
00:07:42,480 --> 00:07:45,120
contexts just for making better 
decisions at work, for better 

150
00:07:45,120 --> 00:07:46,840
regulating myself in life and so
on. 

151
00:07:47,680 --> 00:07:51,400
But it was definitely the unlock
that enabled me to confront what

152
00:07:51,400 --> 00:07:54,880
we're actually dealing with in 
terms of our public crisis and 

153
00:07:54,880 --> 00:07:57,840
the breakdown of all the systems
that our civilization depends 

154
00:07:57,840 --> 00:08:00,920
on. 
So, Ross, sounds like you want 

155
00:08:00,920 --> 00:08:04,880
to say something. 
It sounds like one of the core 

156
00:08:04,880 --> 00:08:08,760
lessons that you had here was 
that second part of and and So 

157
00:08:08,760 --> 00:08:10,680
what? 
And then what that kind of 

158
00:08:10,680 --> 00:08:12,560
response to uncomfortable 
feelings. 

159
00:08:12,920 --> 00:08:16,720
It wasn't just a a dwelling and 
it was just a a piece of things 

160
00:08:16,720 --> 00:08:19,360
are going to happen in a way 
that are unexpected and just 

161
00:08:19,440 --> 00:08:21,480
noting them and let letting them
pass on. 

162
00:08:21,480 --> 00:08:24,760
Is is the common advice for 
meditating having intrusive 

163
00:08:25,000 --> 00:08:27,400
catastrophic thinking or even 
just any thinking at all? 

164
00:08:27,560 --> 00:08:29,360
Is it kind of like that or am I 
misunderstanding? 

165
00:08:30,760 --> 00:08:33,200
Kind of. 
So let me try to, I guess, 

166
00:08:33,200 --> 00:08:35,799
narrate what actually happened. 
Yeah, tell me. 

167
00:08:36,080 --> 00:08:39,640
What happened next? 
So about maybe a year and a half

168
00:08:39,640 --> 00:08:43,240
ago, I came across this podcast 
by Danielle Schmuckenberger. 

169
00:08:44,000 --> 00:08:46,320
It was a podcast about the Poly 
crisis. 

170
00:08:46,320 --> 00:08:49,280
Yeah, I think he has a record. 
I met him at a conference years 

171
00:08:49,280 --> 00:08:51,280
ago and ended up hanging out 
with him for a couple days. 

172
00:08:51,280 --> 00:08:53,480
Very interesting guy. 
Freaked me out as well. 

173
00:08:53,480 --> 00:08:55,400
I understand. 
Yeah, yeah. 

174
00:08:55,760 --> 00:08:58,680
So I was listening to the 
podcast and before that I didn't

175
00:08:58,680 --> 00:09:01,520
know what the Poly crisis was or
I thought that this is something

176
00:09:01,520 --> 00:09:03,920
that, you know, particularly 
weird people think about, but we

177
00:09:03,920 --> 00:09:05,880
practical people, we build 
climate solutions. 

178
00:09:05,880 --> 00:09:08,720
That's what I thought. 
And so he starts talking about 

179
00:09:08,720 --> 00:09:12,360
it and says that the Poly crisis
is basically the combination of 

180
00:09:12,360 --> 00:09:15,360
the crisis we're dealing with, 
the climate crisis, biodiversity

181
00:09:15,360 --> 00:09:19,400
loss, inequality rising to a 
level that normally causes civil

182
00:09:19,400 --> 00:09:22,680
wars, breakdown of global 
collaboration, AI risks, nuclear

183
00:09:22,680 --> 00:09:25,160
risks. 
And The thing is that we're not 

184
00:09:25,160 --> 00:09:27,120
nearly on track to solve any one
of these things. 

185
00:09:27,120 --> 00:09:29,560
And any one of them can end 
civilization in the current 

186
00:09:29,560 --> 00:09:32,000
form. 
And so like, what the hell do 

187
00:09:32,000 --> 00:09:33,520
you do? 
Obviously, we don't have a hope 

188
00:09:33,520 --> 00:09:36,720
of addressing all of them one by
one if we can't even address one

189
00:09:36,720 --> 00:09:39,760
of them 1 by 1. 
And so that's the bad news. 

190
00:09:40,880 --> 00:09:44,640
The good news, he further goes, 
is that this is the same crisis,

191
00:09:45,560 --> 00:09:49,920
that this is all one crisis of 
our lack of ability, that 

192
00:09:49,920 --> 00:09:53,880
basically a crisis of the fact 
that our economy and society 

193
00:09:54,320 --> 00:09:57,400
lack of the fundamental ability 
to keep themselves healthy and 

194
00:09:57,400 --> 00:10:00,880
they suffer from what's called 
tragedies of the Commons. 

195
00:10:00,880 --> 00:10:05,200
Or another name for this is 
prisoners dilemmas or arms 

196
00:10:05,200 --> 00:10:07,480
races. 
Daniel calls it multi polar 

197
00:10:07,480 --> 00:10:11,080
traps. 
So all of them, all of the 

198
00:10:11,080 --> 00:10:15,360
components of the Poly crisis 
have this to them, like the 

199
00:10:16,400 --> 00:10:20,280
pivot of open AI and others 
from, you know, make the best AI

200
00:10:20,280 --> 00:10:25,360
for humanity to make the biggest
AI possible in the fastest time 

201
00:10:25,720 --> 00:10:29,640
is an an instance of this. 
The fact that no organization or

202
00:10:29,640 --> 00:10:32,920
no nation wants to be the first 
one to actually give up fossil 

203
00:10:32,920 --> 00:10:34,680
fuel. 
This also an instance of this, 

204
00:10:34,920 --> 00:10:37,200
like what if you give up and the
other guy doesn't and now you're

205
00:10:37,200 --> 00:10:39,960
the sucker. 
So all of these crisis look like

206
00:10:39,960 --> 00:10:41,800
that. 
And so as I was listening to 

207
00:10:41,800 --> 00:10:46,640
this, I was like, oh shit, the 
guy has a point, while 

208
00:10:46,640 --> 00:10:49,760
previously I think that the 
gravity of the point would 

209
00:10:49,760 --> 00:10:52,480
probably have prevented me from 
acknowledging that he's making a

210
00:10:52,480 --> 00:10:55,960
good point. 
Like I think for many people 

211
00:10:55,960 --> 00:10:58,920
when they start thinking about 
something this bad, they're they

212
00:10:59,280 --> 00:11:02,520
either it goes in one air and 
while and out the other because 

213
00:11:02,520 --> 00:11:07,600
it's just too like too tragic to
think about, too complex, or 

214
00:11:07,600 --> 00:11:11,200
maybe they start actively like 
denying it. 

215
00:11:11,680 --> 00:11:14,400
No, you know, technology is 
totally going to save us like 

216
00:11:14,400 --> 00:11:17,120
what you're talking about or 
like some other form of 

217
00:11:17,120 --> 00:11:20,680
deflection. 
But I think with a certain level

218
00:11:20,680 --> 00:11:24,240
of either self regulation or 
being used to it, you are able 

219
00:11:24,240 --> 00:11:26,800
to say like, yes, this is 
actually the case. 

220
00:11:27,760 --> 00:11:33,280
And the implications of this are
that there probably will be a 

221
00:11:33,280 --> 00:11:36,120
complete collapse before things 
get better. 

222
00:11:38,280 --> 00:11:41,160
So it took me a while to accept 
that implication. 

223
00:11:42,000 --> 00:11:44,280
And so for some time I was just 
freaking out. 

224
00:11:44,280 --> 00:11:49,080
And like, I got, I got far 
enough to accept that the 

225
00:11:49,080 --> 00:11:53,320
problem is this big and this 
complex and that it roots like 

226
00:11:53,320 --> 00:11:56,400
this deep. 
But I didn't know how to make 

227
00:11:56,400 --> 00:11:59,560
sense of that yet. 
So at that point, all I knew is 

228
00:11:59,560 --> 00:12:01,960
that my organization needs to be
doing something different or I 

229
00:12:01,960 --> 00:12:05,480
need to be running a different 
organization because so my 

230
00:12:05,480 --> 00:12:09,240
nonprofit work on climate we 
had, we have a reputation for 

231
00:12:09,240 --> 00:12:12,680
helping people find climate jobs
and helping people find climate 

232
00:12:12,680 --> 00:12:14,560
jobs isn't going to do anything 
about this. 

233
00:12:15,040 --> 00:12:18,560
Like you can't really solve this
type of problem, this gravity of

234
00:12:18,560 --> 00:12:23,000
problem by like getting people 
into existing job openings. 

235
00:12:23,000 --> 00:12:27,760
That's just the wrong tool. 
Like an analogy I like to give 

236
00:12:27,760 --> 00:12:31,800
is that like you, you know, you 
can't make a rabbit fly by 

237
00:12:31,800 --> 00:12:35,040
throwing it into the air. 
It's possible to overcome 

238
00:12:35,040 --> 00:12:37,960
gravity, but like you can't 
overcome gravity by throwing a 

239
00:12:37,960 --> 00:12:40,200
rabbit into the air. 
Maybe if you have helped the 

240
00:12:40,200 --> 00:12:45,240
rabbit grow wings. 
Yes, but you're an engineer. 

241
00:12:45,240 --> 00:12:46,960
Just figure it out, man. 
Yeah, just yeah. 

242
00:12:47,120 --> 00:12:49,640
It can be figured out, but you 
got to be figuring the right 

243
00:12:49,640 --> 00:12:51,720
thing out. 
You can't just be figuring out 

244
00:12:51,720 --> 00:12:53,080
how do I throw the rabbit 
harder. 

245
00:12:53,840 --> 00:12:58,080
So what's gonna happen? 
With work on climate is that is 

246
00:12:58,080 --> 00:13:00,160
that changing right now? 
It's such a huge institution in 

247
00:13:00,160 --> 00:13:02,240
in climate tech. 
It's. 

248
00:13:02,440 --> 00:13:06,120
It's definitely changing. 
So what happened next was I 

249
00:13:06,120 --> 00:13:10,120
shared my concerns with my 
colleagues and my board and 

250
00:13:10,120 --> 00:13:13,240
they're like, Oh yeah, it is 
actually, it is actually quite 

251
00:13:13,240 --> 00:13:16,080
bad. 
And indeed, the concerns that we

252
00:13:16,080 --> 00:13:19,440
can't go far enough by getting 
people into jobs are very valid.

253
00:13:19,440 --> 00:13:26,240
Let's figure it out. 
So then I think first of all, we

254
00:13:27,600 --> 00:13:30,840
realize that if we're, if we 
want to create systemic change, 

255
00:13:32,400 --> 00:13:35,480
and it was obvious that the only
way out of this is systemic 

256
00:13:35,480 --> 00:13:36,800
change. 
It's not acceleration of 

257
00:13:36,800 --> 00:13:38,680
implementation, it is systemic 
change. 

258
00:13:38,960 --> 00:13:41,480
What I mean by systemic change 
is changing the dynamics of the 

259
00:13:41,480 --> 00:13:45,160
system, like what causes what 
and what happens as a result, 

260
00:13:45,320 --> 00:13:47,400
rather than just specific 
technologies. 

261
00:13:48,160 --> 00:13:51,200
So if we're going to create 
systemic change, you can't 

262
00:13:51,200 --> 00:13:54,480
create it by getting people into
jobs, but you can create it by 

263
00:13:54,480 --> 00:13:58,080
having people become leaders. 
So by having people create 

264
00:13:58,080 --> 00:14:02,160
change where they are and having
people do that in coordination, 

265
00:14:02,440 --> 00:14:06,760
If you take any book about how 
to actually do systemic change 

266
00:14:06,760 --> 00:14:10,160
in practice, there are very few 
such books, but they exist. 

267
00:14:10,440 --> 00:14:13,200
Like 1 is called impact 
Networks, but David Ehrlichman 

268
00:14:13,200 --> 00:14:17,920
and other is called systemic 
something Systems Thinking for 

269
00:14:17,920 --> 00:14:23,800
Social change by a different 
David, David Petterstrom and all

270
00:14:23,800 --> 00:14:26,440
of these books. 
To like where people always say 

271
00:14:26,440 --> 00:14:28,680
to start with to the thinking 
and systems. 

272
00:14:28,840 --> 00:14:31,680
You read that? 
You yeah, thinking in systems is

273
00:14:31,680 --> 00:14:34,720
a great start for understanding 
that systemic change is needed 

274
00:14:34,720 --> 00:14:38,080
and like what it actually is and
what are systems. 

275
00:14:38,720 --> 00:14:40,520
Yeah. 
So all of those books say that 

276
00:14:40,520 --> 00:14:44,600
if you want to create systemic 
change, you need to like get 

277
00:14:44,600 --> 00:14:47,520
some people together who care 
about the issue you're looking 

278
00:14:47,520 --> 00:14:51,520
at and identify what are some 
high leverage points where you 

279
00:14:51,520 --> 00:14:53,640
can push and then start pushing 
and keep pushing. 

280
00:14:54,200 --> 00:14:56,400
So push at all leverage points 
at the same time. 

281
00:14:56,560 --> 00:15:00,040
So that's that's requires 
leadership rather than getting 

282
00:15:00,040 --> 00:15:02,800
people into jobs. 
So that prompted the reframe of 

283
00:15:02,800 --> 00:15:05,160
organ climate from helping 
people find climate jobs to 

284
00:15:05,160 --> 00:15:07,200
helping people develop into 
climate leaders. 

285
00:15:08,600 --> 00:15:11,600
And then once we help people 
develop into climate leaders, 

286
00:15:11,680 --> 00:15:15,120
and I know the kind that change 
practices at their organization,

287
00:15:15,120 --> 00:15:18,160
get involved in policy making 
efforts in their sector, you 

288
00:15:18,160 --> 00:15:21,000
know, go and start climate 
tracks at industry conferences 

289
00:15:21,000 --> 00:15:23,880
in their sector, convene and 
mobilize their peers who have 

290
00:15:23,880 --> 00:15:26,760
more power to do the things that
only their peers are capable of 

291
00:15:26,760 --> 00:15:28,960
and so on. 
So that's leadership now. 

292
00:15:28,960 --> 00:15:30,760
That's what we're now aspired to
do. 

293
00:15:31,160 --> 00:15:34,000
And then once you do that, you 
can have people act in 

294
00:15:34,000 --> 00:15:37,760
coordination. 
For example, if you get a bunch 

295
00:15:37,760 --> 00:15:39,680
of, let's say that you want to 
do something about the food 

296
00:15:39,680 --> 00:15:43,120
waste problem. 
So it's one thing if you just 

297
00:15:43,120 --> 00:15:45,640
like get this person and that 
person to change something, 

298
00:15:45,640 --> 00:15:48,240
change some practices at their 
workplace to waste less food. 

299
00:15:48,880 --> 00:15:52,200
And it's a completely different 
matter if you get together a 

300
00:15:52,200 --> 00:15:55,400
group of people who, let's say, 
work at food processors and 

301
00:15:55,400 --> 00:15:58,560
growers, packagers, marketers, 
regulators, distributors and so 

302
00:15:58,560 --> 00:16:01,680
on, and have them like align on 
the shared vision of a zero 

303
00:16:01,680 --> 00:16:03,160
waste to generate the food 
system. 

304
00:16:03,560 --> 00:16:07,560
And then you help them keep 
pushing, keep moving their 

305
00:16:07,560 --> 00:16:10,240
organizations in the direction 
and collaborating in ways that 

306
00:16:10,240 --> 00:16:11,920
would not have been possible 
individually. 

307
00:16:12,480 --> 00:16:14,280
So that's how you can create 
systemic change. 

308
00:16:15,000 --> 00:16:18,840
And so that's the next stage for
work on climate is having people

309
00:16:18,840 --> 00:16:21,680
engage in coordinated action, 
but I digress. 

310
00:16:22,000 --> 00:16:26,040
So that was 1 reframe. 
That was reframe from finding 

311
00:16:26,040 --> 00:16:29,640
climate jobs to using your power
as a professional, like your 

312
00:16:29,640 --> 00:16:32,040
skills, your influence, your 
understanding of the industry. 

313
00:16:32,600 --> 00:16:37,560
The second reframe was when I 
around the time I came across 

314
00:16:37,840 --> 00:16:39,800
the concept of regenerative 
economics. 

315
00:16:40,720 --> 00:16:47,080
And it was actually very funny. 
We were finalizing our rewritten

316
00:16:47,080 --> 00:16:48,920
mission statement at work on 
climate. 

317
00:16:49,400 --> 00:16:52,120
And then my board, it was 
talking about solving climate 

318
00:16:52,120 --> 00:16:55,920
change still and about like 
mobilizing professionals to use 

319
00:16:55,920 --> 00:16:59,480
their power for it. 
And then my board chair, Jeremy 

320
00:16:59,480 --> 00:17:03,400
says, like, I like it, but like,
what about biodiversity? 

321
00:17:03,400 --> 00:17:05,800
What about conservation? 
They seem really interconnected.

322
00:17:06,200 --> 00:17:09,880
And I was, I thought, oh, 
Jeremy, like always has 

323
00:17:09,880 --> 00:17:11,800
something to say. 
But you have a point. 

324
00:17:12,400 --> 00:17:15,480
And I thought, I wonder if this 
is what he's talking about. 

325
00:17:15,480 --> 00:17:18,040
I wonder if that is what is 
called that regenerative 

326
00:17:18,040 --> 00:17:21,400
economy. 
So I looked up the paper about 

327
00:17:21,400 --> 00:17:25,800
regenerative economics by John 
Fullerton and was like, that's 

328
00:17:25,800 --> 00:17:27,960
it. 
That's what I'm going to be 

329
00:17:27,960 --> 00:17:31,600
doing for the rest of my life. 
And like, yes, it is a little 

330
00:17:31,600 --> 00:17:33,920
bit woo woo. 
People who talk about it 

331
00:17:33,920 --> 00:17:37,360
sometimes talk in very like in 
language that practical people 

332
00:17:37,360 --> 00:17:40,560
don't normally don't talk in. 
And it seems strange, but the 

333
00:17:40,560 --> 00:17:43,920
core of it is so right that I'm 
going to dedicate the rest of my

334
00:17:43,920 --> 00:17:47,840
life to figure out how to put it
into practice and, like, get rid

335
00:17:47,840 --> 00:17:49,920
of the woo woo and make it 
actually work. 

336
00:17:50,640 --> 00:17:53,320
So it was a very profound and 
spiritual experience for me. 

337
00:17:53,320 --> 00:17:54,160
Yes. 
Go ahead, dress. 

338
00:17:54,560 --> 00:17:56,720
Yeah. 
Yeah, I'm so happy to hear all 

339
00:17:56,720 --> 00:17:58,680
of that. 
I think it's OK to be a little 

340
00:17:58,680 --> 00:18:00,600
woo. 
No, like I've also come from a 

341
00:18:00,600 --> 00:18:03,640
very practical background in 
lots of ways and been like, Oh 

342
00:18:03,640 --> 00:18:06,360
no, climate requires everything 
to be profitable and we can't 

343
00:18:06,360 --> 00:18:09,560
have any green premiums and all 
these things that are very hard 

344
00:18:09,560 --> 00:18:13,240
nosed to like microeconomic 
thinking that I I think it's OK.

345
00:18:13,240 --> 00:18:16,480
I think trying to cut all the 
woo out of this has made it so 

346
00:18:16,480 --> 00:18:20,880
that it's basically only people 
in suits who make press releases

347
00:18:20,880 --> 00:18:23,840
who are able to do anything in 
climate to some extent. 

348
00:18:23,840 --> 00:18:27,400
And I don't think it's going to 
work to do the system change 

349
00:18:27,400 --> 00:18:30,000
necessary that is likely just 
needed at this point. 

350
00:18:30,280 --> 00:18:32,840
I'm sorry to report. 
We probably need some woo in 

351
00:18:32,840 --> 00:18:34,760
there. 
So I'm giving you permission to 

352
00:18:34,760 --> 00:18:37,000
keep some amount of woo. 
We we need it. 

353
00:18:37,640 --> 00:18:38,760
Thanks. 
Ross, I appreciate the 

354
00:18:38,760 --> 00:18:40,920
permission. 
And I think overall, like one of

355
00:18:40,920 --> 00:18:44,000
the principles of regenerative 
economics is it's called 

356
00:18:44,000 --> 00:18:47,040
abundance of the edges. 
It is recognizing that 

357
00:18:48,240 --> 00:18:50,880
innovation and you know, 
progress and something really 

358
00:18:50,880 --> 00:18:53,680
new happens at the intersection 
between two very different 

359
00:18:54,120 --> 00:18:56,920
ecosystems or groups. 
And I think in this case it 

360
00:18:56,920 --> 00:19:01,120
means that the the suits need to
hang with the woo people and 

361
00:19:01,120 --> 00:19:02,760
neither of them can do it on 
their own. 

362
00:19:04,400 --> 00:19:07,320
Where did that happen? 
Are you trying to get this to 

363
00:19:07,320 --> 00:19:09,280
happen in the right kind of way?
Because they could also drive 

364
00:19:09,280 --> 00:19:12,120
each other absolutely nuts. 
And also both groups of those 

365
00:19:12,120 --> 00:19:14,920
people have driven me nuts at 
various times in my career as 

366
00:19:14,920 --> 00:19:16,440
well. 
Sometimes when I'm around the 

367
00:19:16,440 --> 00:19:17,960
suits, I represent a little more
woo. 

368
00:19:17,960 --> 00:19:20,000
When I'm with the woo, sometimes
I'm a little more suit. 

369
00:19:20,320 --> 00:19:22,040
But I feel like too much of that
can. 

370
00:19:22,040 --> 00:19:24,520
Also, it isn't always a 
productive friction. 

371
00:19:24,520 --> 00:19:26,240
How do you make that a 
productive friction? 

372
00:19:27,200 --> 00:19:33,080
Yeah, very good question. 
So I'm talking both about like 

373
00:19:33,080 --> 00:19:36,200
the idea of getting people with 
different mindsets in the same 

374
00:19:36,200 --> 00:19:38,480
room, but also about the idea of
outsiders. 

375
00:19:39,280 --> 00:19:41,960
So like woo people. 
So some some of my favorite 

376
00:19:41,960 --> 00:19:44,120
people in the regenerative 
economic space are people who 

377
00:19:44,120 --> 00:19:47,160
used to be suits. 
But John Fullerton, for 

378
00:19:47,160 --> 00:19:48,240
instance. 
John Fullerton. 

379
00:19:48,480 --> 00:19:50,360
Yeah, John Fullerton is a great 
example. 

380
00:19:50,360 --> 00:19:55,720
Or, you know, Samantha Power, 
She was, she had a long career 

381
00:19:55,720 --> 00:19:57,960
in International Development 
finance, like doing it the 

382
00:19:57,960 --> 00:20:00,040
conventional way at the World 
Bank. 

383
00:20:00,280 --> 00:20:01,920
And then I was like, this 
doesn't work at all. 

384
00:20:02,480 --> 00:20:06,240
It doesn't do anything. 
This is completely the wrong way

385
00:20:06,240 --> 00:20:08,720
to distribute funding and heal 
communities. 

386
00:20:08,720 --> 00:20:13,360
And now she is heading the Bio 
Fi project and developing 

387
00:20:13,440 --> 00:20:17,200
regenerative financial vehicles 
that can allow money to flow in 

388
00:20:17,200 --> 00:20:20,480
a community. 
Not in a top down way, but like 

389
00:20:20,480 --> 00:20:24,480
in the way that nutrients flow 
in an in an Amazon rainforest or

390
00:20:24,480 --> 00:20:27,360
the way that blood flows in our 
body and carries nutrients to 

391
00:20:27,360 --> 00:20:29,680
everywhere they're needed and 
maintaining the system's health.

392
00:20:30,440 --> 00:20:36,280
So a a lot of people like that. 
Wow, OK, what a beautiful 

393
00:20:36,280 --> 00:20:38,040
vision. 
So fascinating to see work on 

394
00:20:38,040 --> 00:20:40,840
climate change. 
I also, correct me if I'm wrong,

395
00:20:40,840 --> 00:20:42,840
work on climate grew out of 
COVID. 

396
00:20:42,960 --> 00:20:44,600
People are at home. 
They're on their computers a 

397
00:20:44,600 --> 00:20:47,720
lot. 
You know, climate is in a hype 

398
00:20:47,720 --> 00:20:49,440
cycle. 
That's very nice during this 

399
00:20:49,440 --> 00:20:50,920
time. 
It's a good time to be working 

400
00:20:50,920 --> 00:20:52,560
in climate. 
People want to pivot. 

401
00:20:52,680 --> 00:20:54,720
It no longer feels that way 
basically at all. 

402
00:20:54,720 --> 00:20:57,240
I think we're all watching the 
way the world is changing with 

403
00:20:57,240 --> 00:20:59,920
some amount of horror and 
trepidation about how bad it's 

404
00:20:59,920 --> 00:21:01,560
likely to get. 
It doesn't seem like it's going 

405
00:21:01,560 --> 00:21:03,240
well. 
Work on climate is now changing 

406
00:21:03,240 --> 00:21:06,840
though, because it came out of 
that moment no longer fits the 

407
00:21:06,840 --> 00:21:08,240
purpose. 
And also the problem that you 

408
00:21:08,240 --> 00:21:10,120
thought you were solving was 
just too small. 

409
00:21:10,360 --> 00:21:12,840
It actually needs to be a much 
bigger mission. 

410
00:21:13,240 --> 00:21:15,800
But this is also the problem 
with holistic thinking too. 

411
00:21:15,800 --> 00:21:19,040
The common criticism of systems 
thinking people is that they 

412
00:21:19,040 --> 00:21:21,240
just say everything is 
contextual and you never 

413
00:21:21,240 --> 00:21:23,760
actually have to have a finite 
point that can be testable. 

414
00:21:23,840 --> 00:21:27,960
It's kind of like so holistic 
that it's not reproducible in 

415
00:21:27,960 --> 00:21:30,440
any way. 
It's very flim flam. 

416
00:21:30,960 --> 00:21:33,360
Work on climate could face 
organizationally a similar kind 

417
00:21:33,360 --> 00:21:36,200
of problem Here too. 
We're trying to tackle the Poly 

418
00:21:36,200 --> 00:21:38,640
crisis, and the Poly crisis is 
nearly everything. 

419
00:21:38,840 --> 00:21:41,120
How do you have an organization 
that's effective that the 

420
00:21:41,120 --> 00:21:46,400
mission is literally that big? 
Yeah, very good question, which 

421
00:21:46,400 --> 00:21:50,480
I think goes to the conversation
about a world theory of change. 

422
00:21:50,480 --> 00:21:52,880
Like how do we get from this 
economic system to a completely 

423
00:21:52,880 --> 00:21:56,640
different economic system? 
So I think it is useful to 

424
00:21:56,640 --> 00:21:59,280
remind ourselves what 
regenerative economics actually 

425
00:21:59,280 --> 00:22:01,600
is, and that's going to give us 
some clues about how to get 

426
00:22:01,600 --> 00:22:03,880
there. 
So I like framing it in one of 

427
00:22:03,880 --> 00:22:06,800
three ways. 
One way to frame it, which 

428
00:22:06,800 --> 00:22:09,520
resonates with particularly hard
nosed practical people, is that 

429
00:22:09,520 --> 00:22:12,160
it's an economy that doesn't 
have tragedies of the Commons. 

430
00:22:12,800 --> 00:22:15,400
Like everyone can see that we 
have tragedies of the Commons. 

431
00:22:15,480 --> 00:22:18,600
Even the, you know, the biggest,
most obtuse technocrat will say 

432
00:22:18,600 --> 00:22:22,120
that they exist and they will 
all say that would be nicer if 

433
00:22:22,120 --> 00:22:25,240
they didn't. 
It just so happens that in order

434
00:22:25,240 --> 00:22:27,600
to not have tragedies of the 
Commons, you need to build a 

435
00:22:27,600 --> 00:22:29,880
regenerative economic system, 
which is completely different. 

436
00:22:29,880 --> 00:22:33,320
But anyway, that's the framing. 
The second framing is that it's 

437
00:22:33,320 --> 00:22:37,240
an economy where all activity 
strengthens the health of the 

438
00:22:37,240 --> 00:22:41,920
systems that it depends on. 
For example, you know, the 

439
00:22:41,920 --> 00:22:45,520
business activities of a company
strengthen the well-being of the

440
00:22:45,520 --> 00:22:48,480
people that the company needs to
to operate. 

441
00:22:48,480 --> 00:22:50,960
And the people that the company 
needs to be its customers 

442
00:22:51,000 --> 00:22:53,680
strengthens the natural 
ecosystems and supply chains 

443
00:22:53,680 --> 00:22:55,440
that it needs in order to do 
it's thing. 

444
00:22:56,040 --> 00:22:58,800
And as a government, you know, 
operates, it strengthens the 

445
00:22:58,800 --> 00:23:03,840
health of the nation and so on. 
So this is a rather vague 

446
00:23:03,840 --> 00:23:06,200
framing, but I think it portrays
an inspiring vision. 

447
00:23:06,400 --> 00:23:10,360
Like imagine if we weren't 
confined to simply hoping to 

448
00:23:10,360 --> 00:23:12,560
destroy our foundations a little
bit less. 

449
00:23:13,200 --> 00:23:16,360
And if instead the economy was 
actually positive. 

450
00:23:16,360 --> 00:23:18,920
Like the more the economy does, 
the healthier everything gets. 

451
00:23:19,200 --> 00:23:22,760
Wouldn't that be nice? 
Yes, I agree that sounds. 

452
00:23:22,760 --> 00:23:25,040
That sounds delightful. 
Yeah, it it really would. 

453
00:23:25,040 --> 00:23:27,600
Be nice. 
But this begs the question like,

454
00:23:27,600 --> 00:23:29,360
how the hell do you do it? 
Is it even possible? 

455
00:23:30,040 --> 00:23:33,560
So the third framing shows that 
it is possible. 

456
00:23:34,400 --> 00:23:39,440
The third framing calls upon us 
to realize that all the living 

457
00:23:39,440 --> 00:23:42,040
systems around us are actually 
economies, and they have a lot 

458
00:23:42,040 --> 00:23:46,160
to teach us about how to do it. 
So, for example, the cells in my

459
00:23:46,160 --> 00:23:49,000
body exchange resources with 
each other and exchange signals 

460
00:23:49,000 --> 00:23:50,800
with each other. 
That's an economy, right? 

461
00:23:50,800 --> 00:23:54,800
That's an economy. 
Likewise A rainforest, You know,

462
00:23:54,800 --> 00:23:58,400
the animals and bacteria and 
plants and so on also exchange 

463
00:23:58,400 --> 00:24:00,040
resources and signals with each 
other. 

464
00:24:00,040 --> 00:24:04,040
That's also an economy. 
And these economies have been 

465
00:24:05,120 --> 00:24:08,200
extraordinarily successful at 
persisting for a long time and 

466
00:24:08,200 --> 00:24:11,000
getting better over time. 
Like there are 50 million year 

467
00:24:11,000 --> 00:24:13,800
old rainforests out there to my 
knowledge. 

468
00:24:13,800 --> 00:24:16,920
So I, I don't think that even 
Elon Musk can say that our 

469
00:24:16,920 --> 00:24:19,920
civilization will have that kind
of track record of health over 

470
00:24:19,920 --> 00:24:21,800
the long time. 
Right. 

471
00:24:22,280 --> 00:24:26,960
So the, the suggestion here is 
to be like, hi, I wonder how 

472
00:24:26,960 --> 00:24:28,880
they do that? 
Like, I wonder what are the 

473
00:24:28,880 --> 00:24:33,200
principles that allow natural 
systems to be like that, like 

474
00:24:33,200 --> 00:24:37,520
allow them to operate in a way 
where like everyone's needs are,

475
00:24:37,520 --> 00:24:40,600
you know, met in a way that 
strengthens the health of the 

476
00:24:40,600 --> 00:24:42,360
whole. 
How do they do that? 

477
00:24:42,560 --> 00:24:47,040
And then can we borrow some of 
those principles and incorporate

478
00:24:47,040 --> 00:24:48,760
them into the way that we run 
the economy? 

479
00:24:49,360 --> 00:24:54,040
I want to be very clear that the
proposal is not to destroy our 

480
00:24:54,040 --> 00:24:57,080
economy and go back to nature. 
That is a completely different 

481
00:24:57,080 --> 00:24:59,160
proposal. 
The proposal is to observe, 

482
00:24:59,160 --> 00:25:01,800
like, I wonder how they do that 
and is there something we can 

483
00:25:01,800 --> 00:25:03,320
learn from that? 
Is there something we can 

484
00:25:03,320 --> 00:25:07,680
transfer into the way that our 
economy runs so that the 

485
00:25:07,680 --> 00:25:12,000
regenerative economy is the idea
of borrowing enough of those 

486
00:25:12,000 --> 00:25:15,600
principles to make our economy 
regenerative and make it so that

487
00:25:15,600 --> 00:25:19,440
all the cool stuff that we have 
here, like all our, you know, AI

488
00:25:19,440 --> 00:25:22,200
and genetic engineering and 
infrastructure and Internet and 

489
00:25:22,200 --> 00:25:23,880
so on. 
So that all of that stuff 

490
00:25:23,880 --> 00:25:26,920
actually causes the economy to 
make everything healthier over 

491
00:25:26,920 --> 00:25:30,280
time. 
So that's the, that's the idea. 

492
00:25:30,960 --> 00:25:31,440
Wow. 
It's. 

493
00:25:31,760 --> 00:25:34,880
Interesting to me that people 
associate regenerative economics

494
00:25:34,880 --> 00:25:38,720
with the sort of back to the 
land, small is beautiful 

495
00:25:38,760 --> 00:25:42,880
aesthetic because I think of bio
mimicry, but I also think of 

496
00:25:43,320 --> 00:25:46,120
increasing complexity of our 
social lives that are 

497
00:25:46,120 --> 00:25:49,400
intertwined, not a reduction of 
complexity where we're we're 

498
00:25:49,400 --> 00:25:50,880
treating the smaller 
communities. 

499
00:25:51,120 --> 00:25:54,360
I don't think of regenerative 
economics as necessarily a, a 

500
00:25:54,640 --> 00:25:57,280
going back in time back to the 
land kind of movement. 

501
00:25:57,480 --> 00:25:59,560
Do people often levy that 
criticism against it because it 

502
00:25:59,560 --> 00:26:01,880
sounds like they haven't read it
very closely? 

503
00:26:01,880 --> 00:26:03,880
If so, that seems like a pork 
criticism. 

504
00:26:04,440 --> 00:26:06,960
Yeah, I think. 
That indeed, a lot of people 

505
00:26:06,960 --> 00:26:09,960
perceive it that way. 
I think a lot of people perceive

506
00:26:09,960 --> 00:26:12,320
it as something too obstructive 
and know what the hell it is 

507
00:26:12,320 --> 00:26:14,520
about. 
I think that's a more serious 

508
00:26:14,520 --> 00:26:16,400
risk. 
For the paradigm than anything 

509
00:26:16,840 --> 00:26:17,640
with a serious. 
Risk. 

510
00:26:17,640 --> 00:26:20,480
Yeah. 
But this is the vision that that

511
00:26:20,480 --> 00:26:24,560
is alive in my head. 
And like, I haven't really met a

512
00:26:24,560 --> 00:26:26,720
lot of people who say like, no, 
that's the wrong vision. 

513
00:26:26,720 --> 00:26:30,320
We must go back to the land and 
like not have anything else. 

514
00:26:30,320 --> 00:26:32,160
I think there are some people 
who say that, but when you talk 

515
00:26:32,160 --> 00:26:35,400
to them, you know, actually 
they're like, oh, it's a broader

516
00:26:35,400 --> 00:26:37,800
vision is nice too. 
I also think of someone like. 

517
00:26:37,800 --> 00:26:39,960
Charles Eisenstein. 
I imagine you probably like his 

518
00:26:39,960 --> 00:26:42,000
work too, right? 
We don't know him. 

519
00:26:42,520 --> 00:26:43,320
Oh, you don't? 
OK, He. 

520
00:26:43,320 --> 00:26:45,920
Wrote a book called The More 
Beautiful World Our Hearts Know 

521
00:26:45,920 --> 00:26:50,520
as Possible, which is a very Wu 
name for a book about societal 

522
00:26:50,520 --> 00:26:53,440
transformation. 
But I kind of love it. 

523
00:26:53,440 --> 00:26:56,320
Like, it's one of those things 
where in the same way, in your 

524
00:26:56,320 --> 00:26:59,240
own heart, when you were hearing
about these ideas about the Poly

525
00:26:59,240 --> 00:27:01,600
crisis, they were overwhelming 
and you wanted to just reject it

526
00:27:01,600 --> 00:27:03,560
or say, I'm just focused on my 
own lane and climate. 

527
00:27:03,960 --> 00:27:07,120
And then opening yourself up to 
it really is this big, It really

528
00:27:07,120 --> 00:27:09,280
is this threatening? 
What do I do about it? 

529
00:27:10,040 --> 00:27:14,280
I think even saying the name of 
that book out loud, my heart, 

530
00:27:14,280 --> 00:27:17,240
like, does call out for it. 
Like, yeah, the world does not 

531
00:27:17,240 --> 00:27:20,000
have to be lived at everyone 
else's expense. 

532
00:27:20,160 --> 00:27:22,560
It does not have to be cruel by 
design. 

533
00:27:22,840 --> 00:27:25,640
We do not have to have people 
dying of preventable illnesses. 

534
00:27:25,840 --> 00:27:28,320
We do not need to be at each 
other's throats fighting over 

535
00:27:28,320 --> 00:27:30,440
resources. 
Like we don't actually have to 

536
00:27:30,440 --> 00:27:32,480
be living this way. 
It's, it's a terrible thing. 

537
00:27:32,480 --> 00:27:35,000
And it's, it's scary to say that
out loud because it sounds very 

538
00:27:35,000 --> 00:27:37,640
naive. 
But also, we don't have to 

539
00:27:37,640 --> 00:27:40,560
behave this way like that. 
We can change systems and we 

540
00:27:40,560 --> 00:27:42,960
don't have to live immiserating 
one another. 

541
00:27:43,840 --> 00:27:45,960
Yeah. 
My my response to that is, well,

542
00:27:45,960 --> 00:27:51,720
first of all, hell yes. 
Second of all, I so I see myself

543
00:27:51,720 --> 00:27:54,280
as a very cynical and no 
bullshit person. 

544
00:27:54,760 --> 00:27:57,960
I'm like, I'm really allergic to
actual woo woo that doesn't have

545
00:27:57,960 --> 00:28:00,600
substance behind it. 
I'm really allergic to naivete. 

546
00:28:01,800 --> 00:28:04,720
I'm allergic to like when I see 
that somebody is proposing 

547
00:28:04,720 --> 00:28:08,360
something that cannot possibly 
work but it feels good so they 

548
00:28:08,360 --> 00:28:10,080
propose it. 
Or like their paycheck depends 

549
00:28:10,080 --> 00:28:12,600
on it so they propose it. 
Like I hate that shit. 

550
00:28:13,240 --> 00:28:16,880
And that is the very reason why 
I am putting my life to putting 

551
00:28:16,880 --> 00:28:19,560
regenerative economics into 
being because everything else, 

552
00:28:19,920 --> 00:28:21,520
it can't, it can't possibly 
work. 

553
00:28:21,520 --> 00:28:24,320
I just can't say with a straight
face that a different approach 

554
00:28:24,320 --> 00:28:28,200
can work. 
And this is because this concept

555
00:28:28,200 --> 00:28:32,600
of regenerative economics, it 
is, it is not like a specific 

556
00:28:32,600 --> 00:28:33,760
vision. 
Like here's how you're on the 

557
00:28:33,760 --> 00:28:35,720
economy. 
It is a property that the 

558
00:28:35,720 --> 00:28:38,080
economy must have. 
It is a property that it 

559
00:28:38,080 --> 00:28:39,920
increases the health of its 
systems. 

560
00:28:40,400 --> 00:28:44,880
And like if you don't have that 
property, by definition, you 

561
00:28:44,880 --> 00:28:46,120
degrade the health of your 
system. 

562
00:28:46,120 --> 00:28:48,280
So one day they're going to 
collapse and you don't have an 

563
00:28:48,280 --> 00:28:51,040
economy. 
There is simply no alternative. 

564
00:28:51,360 --> 00:28:55,040
So it is kind of obviously the 
right vision. 

565
00:28:55,040 --> 00:28:57,160
The question is, how do you do 
that? 

566
00:28:57,160 --> 00:28:59,480
And like, what does it look like
and how do you get there? 

567
00:29:00,280 --> 00:29:03,600
Which brings me to go back to 
our conversation about how do 

568
00:29:03,600 --> 00:29:06,480
you get there and what's that 
got to do with work and climate.

569
00:29:07,320 --> 00:29:10,040
So let's ask ourselves, how did 
natural systems get here? 

570
00:29:11,120 --> 00:29:15,360
There was a time when we didn't 
have the Amazon rainforest, and 

571
00:29:15,560 --> 00:29:17,600
it hasn't been around for 50 
million years. 

572
00:29:18,160 --> 00:29:20,560
And there was a time when we 
didn't even have animals. 

573
00:29:20,560 --> 00:29:22,800
So all we had was a soup of 
chemicals. 

574
00:29:23,280 --> 00:29:25,920
And then we eventually had the 
soup of amino acids. 

575
00:29:25,920 --> 00:29:29,720
And then we had a soup of like 
RNA chains. 

576
00:29:29,960 --> 00:29:32,560
And then we had the soup of 
single cells, which turned out 

577
00:29:32,560 --> 00:29:35,240
to be very successful because 
they knew how to self replicate.

578
00:29:35,240 --> 00:29:40,160
And so we had bacteria and stuff
and then, you know, obviously we

579
00:29:40,160 --> 00:29:42,800
didn't get to the Amazon 
rainforest by some bacteria out 

580
00:29:42,800 --> 00:29:45,400
competing others and like 
becoming the biggest, baddest 

581
00:29:45,400 --> 00:29:47,880
bacteria like the elephant. 
It's not a really big bacteria. 

582
00:29:47,880 --> 00:29:49,760
It's an entirely different 
category of thing. 

583
00:29:50,640 --> 00:29:52,960
So we got from street letters. 
By the way, I. 

584
00:29:53,080 --> 00:29:55,520
Don't think that sense has ever 
been said before, but OK. 

585
00:29:57,280 --> 00:30:00,360
Well, I hope it's vivid enough 
to to. 

586
00:30:00,400 --> 00:30:03,040
Stay in people's minds. 
So the way it actually happened 

587
00:30:03,040 --> 00:30:06,200
was after single celled 
organisms appeared and then it 

588
00:30:06,200 --> 00:30:08,600
turned out that when they 
collaborate and start forming 

589
00:30:08,600 --> 00:30:10,720
multi cell organisms, that's 
even better. 

590
00:30:11,280 --> 00:30:14,720
And when those form animals, 
that's also even better and form

591
00:30:14,720 --> 00:30:17,000
humans. 
And now we know humans have 

592
00:30:17,000 --> 00:30:18,880
formed our own ecosystem, the 
economy. 

593
00:30:18,880 --> 00:30:22,240
So that's actually has been 
pretty cool for a while the way 

594
00:30:22,240 --> 00:30:25,440
that we have run the economy. 
So The thing is that this was a 

595
00:30:25,440 --> 00:30:29,040
sequence of increasingly complex
high level organization into 

596
00:30:29,040 --> 00:30:32,200
networks. 
There was competition, yes, but 

597
00:30:32,200 --> 00:30:34,960
the really big like phase 
changes happened when the level 

598
00:30:34,960 --> 00:30:37,760
of organization increased and 
the same thing. 

599
00:30:37,760 --> 00:30:40,920
So our economy is today, today 
is more like that primordial 

600
00:30:40,920 --> 00:30:45,960
super bacteria. 
And we have a bunch of like 

601
00:30:45,960 --> 00:30:50,400
neoliberal spokespeople saying 
that to the next step is bigger 

602
00:30:50,400 --> 00:30:53,200
bacteria, but the next step is 
not bigger bacteria. 

603
00:30:53,200 --> 00:30:56,720
The next step is the elephant. 
So the next step is more high 

604
00:30:56,720 --> 00:31:02,080
level organization of entities, 
people and organizations and the

605
00:31:02,080 --> 00:31:04,720
resources and the economy into 
higher level entities. 

606
00:31:05,360 --> 00:31:07,320
And this probably sounds very 
abstract. 

607
00:31:07,320 --> 00:31:09,800
So what I mean by that these 
things already exist. 

608
00:31:09,800 --> 00:31:14,040
Like the C corporation is an 
example of that organization. 

609
00:31:14,320 --> 00:31:15,920
The nation state is another 
example. 

610
00:31:15,920 --> 00:31:17,120
They're just not very healthy 
yet. 

611
00:31:17,120 --> 00:31:19,720
They're not nearly as healthy as
an elephant or as a natural 

612
00:31:19,720 --> 00:31:23,480
ecosystem like the rainforest. 
But I am talking about things 

613
00:31:23,480 --> 00:31:26,680
like forms of ownership, forms 
of governance, forms of 

614
00:31:26,680 --> 00:31:31,480
incorporation, forms of 
collaboration and so on and so 

615
00:31:31,480 --> 00:31:33,480
on. 
So types of financing stacks, 

616
00:31:34,400 --> 00:31:37,640
types of legal agreements. 
So like the glue, the types of 

617
00:31:37,640 --> 00:31:40,760
structures that hold the economy
together and cause parts to 

618
00:31:40,760 --> 00:31:43,080
behave as a larger whole. 
That's all it is. 

619
00:31:43,080 --> 00:31:45,840
And there is many forms of that 
in the economy, but we need 

620
00:31:45,840 --> 00:31:48,280
better forms, better and 
healthier and higher level 

621
00:31:48,280 --> 00:31:51,160
forms. 
So basically, I think that the 

622
00:31:51,160 --> 00:31:56,720
path from here to there lies in 
innovation on that innovation on

623
00:31:56,720 --> 00:31:59,800
technologies is basically like 
innovation on bigger and better 

624
00:31:59,800 --> 00:32:02,360
bacteria. 
And like it's, it's not bad. 

625
00:32:02,360 --> 00:32:04,280
We do need to develop new types 
of cells. 

626
00:32:04,560 --> 00:32:08,320
Like for example, in order to 
create a human at some point to 

627
00:32:08,320 --> 00:32:11,000
the brain cell needed to evolve 
at some point, like the cells of

628
00:32:11,000 --> 00:32:15,600
my eye needed to evolve. 
So we there is a role for change

629
00:32:15,600 --> 00:32:18,960
at the level of, you know, cell 
capabilities, but what's really 

630
00:32:18,960 --> 00:32:21,520
needed is change at the level of
how the economy is glued 

631
00:32:21,520 --> 00:32:25,680
together and wired together. 
So that means innovation on what

632
00:32:25,680 --> 00:32:29,440
I call either network vehicles 
or you can call it economic 

633
00:32:29,440 --> 00:32:32,240
architecture patterns. 
So innovation on that. 

634
00:32:33,080 --> 00:32:38,360
And the connection to work on 
climate is I see it like this. 

635
00:32:38,840 --> 00:32:43,240
I see it as, so we were facing 
the task of making each sector 

636
00:32:43,240 --> 00:32:46,840
of the economy regenerative and 
it's actually bigger than making

637
00:32:46,840 --> 00:32:49,360
each sector regenerative. 
But for the sake of the argument

638
00:32:50,120 --> 00:32:53,040
and then I think that as we form
networks of professionals who 

639
00:32:53,040 --> 00:32:56,400
want to make their sector 
regenerative, first they act 

640
00:32:56,400 --> 00:32:59,840
individually as leaders. 
Second, they act in coordination

641
00:32:59,840 --> 00:33:02,720
and learn to to create change 
together at all. 

642
00:33:03,560 --> 00:33:08,200
And then these networks that we 
form them, they can become, you 

643
00:33:08,320 --> 00:33:11,320
know, the hardware or the 
substrate for people to do this 

644
00:33:11,320 --> 00:33:14,440
kind of innovative ways of 
organizing together. 

645
00:33:15,160 --> 00:33:17,920
So, for example, if you have a 
network of people in the Bay 

646
00:33:17,920 --> 00:33:22,520
Area food system who really want
to be regenerative, at some 

647
00:33:22,520 --> 00:33:26,240
point this may be the right 
network on which to build a new 

648
00:33:26,240 --> 00:33:28,680
governance body for California's
water resources. 

649
00:33:29,520 --> 00:33:32,560
Or at some point this may be the
right network on which to build,

650
00:33:32,560 --> 00:33:35,160
you know, a really large demand 
for commitment for regenerative 

651
00:33:35,160 --> 00:33:38,920
agriculture or something else of
that sort or like a new 

652
00:33:38,920 --> 00:33:41,800
ownership model for, you know, 
farm equipment needed to the 

653
00:33:41,800 --> 00:33:44,400
regenerative agriculture and so 
on. 

654
00:33:45,320 --> 00:33:47,560
So this is this is what I'm 
talking about. 

655
00:33:47,560 --> 00:33:49,680
So the path is individual 
leadership, collective 

656
00:33:49,680 --> 00:33:51,320
leadership, and then 
regenerative collective 

657
00:33:51,320 --> 00:33:54,600
leadership. 
I am on some level talking out 

658
00:33:54,600 --> 00:33:57,200
of my behind because we're a few
years away from even trying 

659
00:33:57,200 --> 00:34:00,040
that. 
But whenever the efforts I see 

660
00:34:00,040 --> 00:34:02,440
that I think are actually making
the biggest difference towards 

661
00:34:02,440 --> 00:34:06,080
the regenerative economic system
today, our efforts that develop 

662
00:34:06,080 --> 00:34:09,320
that kind of stuff, it's the 
likes of the Biofi project, 

663
00:34:09,880 --> 00:34:13,280
which is developing those 
financial vehicles and like 

664
00:34:13,280 --> 00:34:15,679
TIPS, transformational 
investment and food systems. 

665
00:34:16,120 --> 00:34:19,960
And like the Bloom Network, 
which is a community of practice

666
00:34:20,480 --> 00:34:24,440
for communities everywhere that 
are attempting to implement 

667
00:34:24,440 --> 00:34:28,280
regenerative economies where 
they are and the Terra Nova 

668
00:34:28,280 --> 00:34:32,760
Foundation and so on. 
So they all are developing like 

669
00:34:32,760 --> 00:34:36,639
new structures, new forms of 
ownership, new forms of 

670
00:34:36,639 --> 00:34:39,960
collaboration, new types of 
learning communities that kind 

671
00:34:39,960 --> 00:34:43,719
of spread the DNA of what works 
regeneratively in one place to 

672
00:34:43,719 --> 00:34:48,560
another place and so on, so many
different things. 

673
00:34:48,920 --> 00:34:52,280
To ask about, one thing I was 
thinking about, and I was 

674
00:34:52,280 --> 00:34:55,159
actually just talking to Dave 
about this, is that I remember 

675
00:34:55,159 --> 00:34:58,160
reading John Stuart Mill years 
and years ago, and he spends a 

676
00:34:58,160 --> 00:35:00,680
fair amount of time in On 
Liberty talking about 

677
00:35:01,160 --> 00:35:03,560
cooperatives. 
Cooperatives are going to be a 

678
00:35:03,560 --> 00:35:06,240
main economic institution of the
future. 

679
00:35:06,720 --> 00:35:10,240
And as you noted earlier, it's 
like mostly C corps LLCS and C 

680
00:35:10,240 --> 00:35:13,440
corps everywhere. 
Like why are cooperatives not 

681
00:35:13,600 --> 00:35:16,400
more popular? 
You would think that worker 

682
00:35:16,400 --> 00:35:19,320
ownership would be a model that 
would be beloved by all. 

683
00:35:19,320 --> 00:35:21,640
I could see both right and left 
finding their own reasons for 

684
00:35:21,640 --> 00:35:24,080
enjoying such a thing. 
They're pretty rare though. 

685
00:35:24,080 --> 00:35:27,200
Like there are big ones like 
Mondragon and in Spain is really

686
00:35:27,200 --> 00:35:28,960
big. 
There's various agricultural 

687
00:35:28,960 --> 00:35:31,520
ones, but overall it's like 
pretty small. 

688
00:35:31,520 --> 00:35:34,400
And then even where they do 
exist, like Seattle where I am, 

689
00:35:34,760 --> 00:35:37,520
PCC is a big cooperative grocery
chain. 

690
00:35:37,680 --> 00:35:40,120
But it. 
Chronically has issues. 

691
00:35:40,120 --> 00:35:43,920
Where it just like does not 
function as neatly as Kroger or 

692
00:35:43,920 --> 00:35:47,040
the conventional corporate 
approach to Agri business and 

693
00:35:47,040 --> 00:35:50,200
food systems, despite people 
really wanting it to. 

694
00:35:50,200 --> 00:35:52,880
It's more expensive and yet it's
pretty crowded whenever I get in

695
00:35:52,880 --> 00:35:54,560
there. 
And so people are there because 

696
00:35:54,560 --> 00:35:57,080
they care about it and yet it's 
chronically in trouble. 

697
00:35:57,320 --> 00:36:01,040
Why is it that models like 
cooperatives cannot just get 

698
00:36:01,040 --> 00:36:02,040
ahead? 
Like what's wrong with them 

699
00:36:02,040 --> 00:36:04,840
that's preventing them from 
being more dominant than more 

700
00:36:04,840 --> 00:36:08,000
profit seeking top down types of
structures? 

701
00:36:09,080 --> 00:36:12,000
I don't know. 
But I think the the task ahead 

702
00:36:12,000 --> 00:36:16,200
of us is to make them better. 
So it just so happens that 

703
00:36:16,200 --> 00:36:20,520
indeed, right now the likes of 
the traditional C corporation 

704
00:36:20,520 --> 00:36:23,760
and like private equity forms 
and firms and the Exons and the 

705
00:36:23,760 --> 00:36:26,920
buyers and Monsantos of the 
world are currently more 

706
00:36:26,920 --> 00:36:29,080
revolutionarily fit. 
And yes, they're, they're 

707
00:36:29,080 --> 00:36:31,000
winning in some sense 
temporarily. 

708
00:36:31,240 --> 00:36:33,720
They're winning in the same 
sense that the cancer is winning

709
00:36:33,720 --> 00:36:37,880
as it takes over the body. 
So yes, they are, they're 

710
00:36:37,880 --> 00:36:41,520
successful at killing the other 
stuff, but unfortunately they 

711
00:36:41,520 --> 00:36:45,280
are not successful at keeping 
the foundations that they depend

712
00:36:45,280 --> 00:36:47,720
on healthy. 
So sooner or later they will 

713
00:36:47,720 --> 00:36:51,240
collapse. 
This is simply inevitable, which

714
00:36:51,240 --> 00:36:53,640
I guess brings us back to one of
the points we were making 

715
00:36:53,640 --> 00:36:56,840
earlier. 
So I want to make several points

716
00:36:56,840 --> 00:37:00,680
from here. 
So one point is that I think it 

717
00:37:00,680 --> 00:37:03,840
means that as we figure out how 
do we create new regenerative 

718
00:37:03,840 --> 00:37:07,360
structures in the economy, it is
incredibly important, like 

719
00:37:07,360 --> 00:37:10,440
vitally important that we don't 
just ask ourselves like, what is

720
00:37:10,440 --> 00:37:12,000
good? 
Like, how do I run a good 

721
00:37:12,000 --> 00:37:14,600
cooperative? 
But we ask ourselves a different

722
00:37:14,600 --> 00:37:16,440
question. 
How do I run a good cooperative 

723
00:37:16,440 --> 00:37:20,040
that wins in the fight to death 
with an extractive cooperative? 

724
00:37:20,480 --> 00:37:22,680
Because the extractive 
cooperative, like it's on a 

725
00:37:22,680 --> 00:37:26,720
mission to kill you. 
It's it's on a mission to take 

726
00:37:26,720 --> 00:37:29,520
market share. 
And like, people there are 

727
00:37:29,520 --> 00:37:31,960
thinking, how do we kill this 
corporate if and take its market

728
00:37:31,960 --> 00:37:33,120
share? 
That's literally what they're 

729
00:37:33,120 --> 00:37:34,720
thinking. 
They're maybe phrasing it in 

730
00:37:34,720 --> 00:37:37,480
corporate words, but that's what
they're thinking and they're 

731
00:37:37,480 --> 00:37:40,760
very good at it. 
And so we must ask this 

732
00:37:40,760 --> 00:37:42,920
question, how do we win in a 
fight to death with the 

733
00:37:42,920 --> 00:37:45,680
incumbent system? 
And we must also ask ourselves 

734
00:37:45,680 --> 00:37:50,400
the question, how do we not 
become what we seek to defeat? 

735
00:37:51,160 --> 00:37:53,920
So there are there is no 
shortage of examples of, for 

736
00:37:53,920 --> 00:37:57,480
example, climate start-ups that 
are then, you know, some kind of

737
00:37:57,480 --> 00:38:01,240
carbon removal start up that 
then Shell buys it and now use 

738
00:38:01,240 --> 00:38:03,800
its its carbon removal to 
extract more fossil fuels by 

739
00:38:03,800 --> 00:38:07,160
injecting carbon into fossil 
fuel reservoirs, right? 

740
00:38:07,320 --> 00:38:10,480
Or maybe some regenerative 
agriculture start up that gets 

741
00:38:10,480 --> 00:38:12,560
an offer that it cannot refuse 
from Monsanto. 

742
00:38:13,200 --> 00:38:16,760
And now it's now it's doing the 
thing that Monsanto wants it to 

743
00:38:16,760 --> 00:38:19,200
do. 
So we must build structures that

744
00:38:19,200 --> 00:38:21,480
are resistant to corruption and 
Co option as well. 

745
00:38:21,920 --> 00:38:24,480
And these are very hard problems
and we haven't solved them, 

746
00:38:24,480 --> 00:38:28,000
which is like, which is why, 
which is why we don't yet have 

747
00:38:28,000 --> 00:38:29,480
cooperatives taking over 
everything. 

748
00:38:29,480 --> 00:38:31,240
We simply haven't evolved far 
enough. 

749
00:38:32,200 --> 00:38:38,480
But we need to evolve further. 
Otherwise we're going to we're 

750
00:38:38,480 --> 00:38:41,080
going to collapse. 
And honestly, I think we are 

751
00:38:41,080 --> 00:38:44,880
going to collapse. 
Well, hopefully we're going to 

752
00:38:44,880 --> 00:38:50,520
collapse once and not ten times.
So on that point, back to our 

753
00:38:50,520 --> 00:38:55,200
conversation about like what 
gives me hope and when we're 

754
00:38:55,200 --> 00:39:01,360
facing all of this collapse. 
Another thing that I think how I

755
00:39:01,360 --> 00:39:04,720
can increase degree of self 
regulation and acceptance and 

756
00:39:04,720 --> 00:39:10,440
equanimity has helped me accept 
is that I don't think that there

757
00:39:10,440 --> 00:39:15,640
is a way to, I don't think that 
we will like solve all of these 

758
00:39:15,640 --> 00:39:18,960
crises before the big one hits 
in some sense. 

759
00:39:19,520 --> 00:39:24,040
Like I think that something 
truly catastrophic is going to 

760
00:39:24,040 --> 00:39:26,640
happen to the economy, let's say
in the next 50 years. 

761
00:39:27,280 --> 00:39:29,680
And I think that is going to 
take a lot longer than that to 

762
00:39:29,680 --> 00:39:33,240
develop a full regenerative 
economy just because of the time

763
00:39:33,240 --> 00:39:37,000
that cycles of change take. 
Maybe I'm wrong, I would love to

764
00:39:37,000 --> 00:39:39,440
be wrong, but we can't count on 
that. 

765
00:39:39,720 --> 00:39:44,400
So the question is then like, if
I believe that, how do I, what 

766
00:39:44,400 --> 00:39:46,480
is my hope in and how do I stay 
grounded? 

767
00:39:47,400 --> 00:39:51,320
So like, honestly, this isn't 
the, the first time in the 

768
00:39:51,320 --> 00:39:54,040
history of life or even the in 
the history of humanity when 

769
00:39:54,040 --> 00:39:58,320
something collapsed. 
Like it's us kind of privileged 

770
00:39:58,320 --> 00:40:00,160
white communities who are not 
used to that. 

771
00:40:00,520 --> 00:40:03,280
But lots of Indigenous nations 
have been almost completely 

772
00:40:03,280 --> 00:40:05,680
obliterated. 
And then, you know, they came 

773
00:40:05,680 --> 00:40:08,360
back from that. 
Maybe that happened many times. 

774
00:40:08,840 --> 00:40:11,560
Maybe they're still not in a 
great state, but like it's 

775
00:40:11,560 --> 00:40:15,120
pretty normal. 
Many species of animals, many 

776
00:40:15,120 --> 00:40:17,120
natural ecosystems have been 
destroyed. 

777
00:40:17,440 --> 00:40:18,920
And then, you know, life goes 
on. 

778
00:40:19,320 --> 00:40:22,960
So the vision in my head is 
that, yes, it's going to 

779
00:40:22,960 --> 00:40:26,720
collapse and then something 
healthy will grow from the 

780
00:40:26,720 --> 00:40:28,400
ashes. 
Maybe something unhealthy will 

781
00:40:28,400 --> 00:40:30,440
grow and it will collapse again.
And then the third thing will 

782
00:40:30,440 --> 00:40:32,640
grow. 
So sooner or later, by 

783
00:40:32,640 --> 00:40:35,320
definition, sooner or later we 
are going to have a regenerative

784
00:40:35,320 --> 00:40:37,560
economy because it's the only 
thing that's going to be stable.

785
00:40:38,760 --> 00:40:42,320
But I personally would like it, 
AI would like it to happen 

786
00:40:42,320 --> 00:40:46,600
sooner, which we have the power 
to make it happen sooner because

787
00:40:46,600 --> 00:40:50,840
unlike natural evolution, we 
don't just have to rely on 

788
00:40:50,840 --> 00:40:54,120
selection and things failing. 
We can direct it intentionally 

789
00:40:54,320 --> 00:40:57,600
so we can make it happen sooner,
even if I'm not confident that 

790
00:40:57,600 --> 00:40:59,520
we can make it happen before the
1st collapse. 

791
00:41:00,880 --> 00:41:03,960
So that's, that's kind of my 
take on this. 

792
00:41:04,920 --> 00:41:07,240
Wow. 
They're kind of deep time 

793
00:41:07,240 --> 00:41:09,160
perspective. 
It's not quite deep time. 

794
00:41:09,160 --> 00:41:12,280
It's somewhere before that, but 
it's it's not far off is. 

795
00:41:13,840 --> 00:41:16,560
Pacifying to me I. 
Feel calm as a result of 

796
00:41:16,560 --> 00:41:20,040
thinking like OK it may not be 
this current incarnation of 

797
00:41:20,040 --> 00:41:23,560
humans, but potentially we 
reduced to a lower level of 

798
00:41:23,560 --> 00:41:28,400
complexity and then learn better
of past mistakes and figure it 

799
00:41:28,400 --> 00:41:30,280
out. 
Alternatively, though, we have 

800
00:41:30,280 --> 00:41:37,520
plenty of of culture that has 
players in video games that are 

801
00:41:37,520 --> 00:41:40,480
in the midst of cultures that 
once rise and fall, and now 

802
00:41:40,480 --> 00:41:42,960
we're in their ruins. 
We don't really understand why 

803
00:41:42,960 --> 00:41:45,480
they passed away. 
Like The Elder Scrolls mythology

804
00:41:45,480 --> 00:41:48,040
is very much of this ilk. 
You're like, what happened to 

805
00:41:48,040 --> 00:41:49,040
the dwarves? 
I don't know. 

806
00:41:49,040 --> 00:41:50,640
They were technologically very 
advanced. 

807
00:41:50,760 --> 00:41:52,280
Something really bad happened to
them. 

808
00:41:52,560 --> 00:41:54,960
We'll figure it out later. 
I feel like that kind of 

809
00:41:54,960 --> 00:41:58,040
mythological message is very 
present in our culture. 

810
00:41:58,200 --> 00:42:00,120
I suspect it would probably 
continue. 

811
00:42:00,120 --> 00:42:01,760
It's also like A Canticle for 
Leibowitz. 

812
00:42:01,760 --> 00:42:03,920
Have you ever read that? 
I have not read. 

813
00:42:03,920 --> 00:42:06,360
That one, No. 
Yeah, very. 

814
00:42:06,360 --> 00:42:10,480
Similar to of humans living in 
the the shell of the former 

815
00:42:10,480 --> 00:42:12,880
civilization and also just 
Western civilization for a long 

816
00:42:12,880 --> 00:42:16,080
time was that with Rome, like 
once Rome was gone, it reduced 

817
00:42:16,080 --> 00:42:17,720
to a much lower level of 
complexity. 

818
00:42:17,960 --> 00:42:20,920
And that is something that we 
are used to doing and things 

819
00:42:20,920 --> 00:42:24,440
will get better. 
Now this is more like what was 

820
00:42:24,440 --> 00:42:26,880
that great die off that happened
where all humans are descended 

821
00:42:26,880 --> 00:42:30,280
from like 100 humans that 
somehow survived the disaster in

822
00:42:30,280 --> 00:42:33,240
Africa like millions of years 
ago that we passed through an 

823
00:42:33,240 --> 00:42:35,760
evolutionary gate. 
And it's like this narrow and 

824
00:42:35,760 --> 00:42:38,200
like humans almost, it's like 
we're all descended from not 

825
00:42:38,200 --> 00:42:40,680
even that many of like, proto 
humans. 

826
00:42:41,240 --> 00:42:44,040
So whatever, we'll probably 
figure it out and it will be OK.

827
00:42:44,040 --> 00:42:48,320
And that's relaxing to me. 
But crap, I'm thinking about a 

828
00:42:48,320 --> 00:42:50,680
lot about my own life. 
And pretty much all you can 

829
00:42:50,680 --> 00:42:54,040
control, as far as I can tell, 
is your own behavior, your own 

830
00:42:54,040 --> 00:42:56,000
reactions, how you treat one 
another. 

831
00:42:56,560 --> 00:42:59,040
And I remember talking to Daniel
Schmachenberger about this. 

832
00:42:59,040 --> 00:43:02,440
We had this like, weird. 
We were at a castle in France 

833
00:43:02,480 --> 00:43:05,120
and for like a couple days and I
got to spend a lot of time 

834
00:43:05,360 --> 00:43:07,400
hanging out with him. 
Very obsessed with the 

835
00:43:07,400 --> 00:43:10,600
prisoner's dilemma. 
Very obsessed with what do we do

836
00:43:10,600 --> 00:43:14,000
given that defection is so 
likely for so many people? 

837
00:43:14,000 --> 00:43:17,000
Like it's always easier to cheat
and then take the thing for 

838
00:43:17,000 --> 00:43:18,880
yourself. 
We're in an arms race dynamic 

839
00:43:18,880 --> 00:43:20,520
too. 
We're like, OK, if if Sam Altman

840
00:43:20,520 --> 00:43:23,000
decides that AGI is not really 
the thing that they care about 

841
00:43:23,000 --> 00:43:26,080
anymore, there's probably 20 
other organizations that are 

842
00:43:26,080 --> 00:43:28,320
racing for AGI. 
Like someone is going to do it. 

843
00:43:28,760 --> 00:43:31,640
So like, then what? 
Then what do we do? 

844
00:43:31,640 --> 00:43:34,080
Like with with Daniel, the only 
thing that I could kind of come 

845
00:43:34,080 --> 00:43:39,600
to was a sort of thorough going 
Christian, pacifistic, turn the 

846
00:43:39,600 --> 00:43:41,520
other cheek. 
Like we need people who are 

847
00:43:41,520 --> 00:43:45,280
spiritually evolved enough to be
thoroughly nonviolent, 

848
00:43:45,280 --> 00:43:49,200
thoroughly humane, and to be 
that even at great personal 

849
00:43:49,200 --> 00:43:51,600
cost. 
Because we need to change that 

850
00:43:51,600 --> 00:43:55,000
prisoner's dilemma dynamic and 
try to find ways to do that. 

851
00:43:55,280 --> 00:43:56,840
And I can't remember if he liked
that idea. 

852
00:43:56,840 --> 00:43:59,320
I suspect he probably thought 
that we needed something that 

853
00:43:59,320 --> 00:44:03,000
had a tighter like logic to it, 
a tighter economic logic to make

854
00:44:03,000 --> 00:44:06,320
sure it wasn't just dependent 
upon great spiritual strength. 

855
00:44:07,080 --> 00:44:09,080
And it sounds like maybe you're 
heading in that direction too, 

856
00:44:09,080 --> 00:44:10,720
where this is not really a 
spiritual thing for you. 

857
00:44:10,720 --> 00:44:13,880
This meditation, there's a 
spiritual component to it, but 

858
00:44:13,880 --> 00:44:16,480
it shouldn't require self 
sacrifice to the extent that I'm

859
00:44:16,480 --> 00:44:18,240
describing in order to pull this
off. 

860
00:44:18,240 --> 00:44:19,760
Or we didn't, we didn't figure 
it out. 

861
00:44:19,920 --> 00:44:21,800
Is that correct? 
Yeah, That's that's. 

862
00:44:21,800 --> 00:44:23,640
Correct. 
So I think one of the indeed, 

863
00:44:23,640 --> 00:44:26,080
one of the philosophies that 
some people hold about how we're

864
00:44:26,080 --> 00:44:29,360
going to get there is like, you 
ask people like, what is a 

865
00:44:29,360 --> 00:44:31,920
plausible path to getting there?
And then they answer a different

866
00:44:31,920 --> 00:44:34,400
question is what they would like
to happen in order for that to 

867
00:44:34,400 --> 00:44:37,800
happen. 
And they say like, oh, mass 

868
00:44:37,800 --> 00:44:39,920
scale cultural transformation is
needed. 

869
00:44:40,280 --> 00:44:42,120
Like, yes, it's either, but it's
not plausible. 

870
00:44:42,120 --> 00:44:44,400
So I'm sorry, you're not 
answering the question. 

871
00:44:45,560 --> 00:44:47,800
It's because honestly, most 
people don't have an answer to 

872
00:44:47,800 --> 00:44:49,040
that question. 
And that's OK. 

873
00:44:49,560 --> 00:44:52,520
Like, I have an answer that I 
think that is credible enough to

874
00:44:52,520 --> 00:44:54,640
me, but it is also not without 
major gaps. 

875
00:44:55,200 --> 00:44:59,800
I think that like culture and 
economy and policy are mutually 

876
00:44:59,800 --> 00:45:02,520
shaping. 
So none of them is primary the 

877
00:45:02,520 --> 00:45:04,200
thing that this primary 
structure. 

878
00:45:05,240 --> 00:45:09,040
So there is an insight by 
Donnella Meadows that I really 

879
00:45:09,040 --> 00:45:12,720
like, which says that the 
behavior of a complex system is 

880
00:45:12,960 --> 00:45:16,280
determined not by its parts, but
by how they're connected to each

881
00:45:16,280 --> 00:45:19,240
other. 
So that is a very crucial 

882
00:45:19,240 --> 00:45:22,240
insight. 
It means really that the thing 

883
00:45:22,240 --> 00:45:24,680
that matters is the topology of 
the system rather than its 

884
00:45:24,680 --> 00:45:28,120
technology, so to speak. 
And what that means in terms of 

885
00:45:28,120 --> 00:45:30,640
a path to a regenerative 
economy, again, I think it 

886
00:45:30,640 --> 00:45:34,960
mirrors the path that life took 
where we we need to develop new 

887
00:45:34,960 --> 00:45:38,440
forms of healthy organization, 
healthy organizations and 

888
00:45:38,440 --> 00:45:41,760
collaborations, ownership, 
financing, tax and so on that, 

889
00:45:41,760 --> 00:45:43,680
you know, start small. 
But they're so good at 

890
00:45:43,680 --> 00:45:47,160
replicating and so good at 
fighting and staying alive that 

891
00:45:47,160 --> 00:45:51,080
they basically eat the current 
systems from within and 

892
00:45:51,160 --> 00:45:53,200
successfully survive and not 
compete them. 

893
00:45:53,520 --> 00:45:56,400
Either they actually kill them 
or maybe the current systems 

894
00:45:56,400 --> 00:45:58,360
kill themselves and these things
don't die. 

895
00:45:58,720 --> 00:46:02,400
Or maybe they, you know, enter a
symbiosis with current systems 

896
00:46:02,400 --> 00:46:03,720
through which they are 
transformed. 

897
00:46:04,280 --> 00:46:06,760
I don't know exactly what form 
that may look like. 

898
00:46:07,640 --> 00:46:12,200
Like, I suppose I don't know, 
imagine AI for the sake of the 

899
00:46:12,200 --> 00:46:15,400
argument, the AI ecosystem. 
So I don't think that we're 

900
00:46:15,400 --> 00:46:21,800
going to address AI risks by a 
yelling harder at Sam Altman and

901
00:46:21,800 --> 00:46:24,360
I don't think that we're going 
to address it by having like 

902
00:46:24,360 --> 00:46:28,040
some new ethical AI start up. 
I would compete open AI either. 

903
00:46:28,560 --> 00:46:31,800
But I think what my assistant 
says instead happened is perhaps

904
00:46:31,800 --> 00:46:36,200
some kind of no new grassroots 
open source infrastructure for, 

905
00:46:36,200 --> 00:46:40,480
you know, managing data that AI 
is used to train as appears some

906
00:46:40,480 --> 00:46:42,800
kind of collective form of 
ownership and governance of 

907
00:46:42,800 --> 00:46:44,800
that. 
And for some reason, you know, 

908
00:46:44,800 --> 00:46:47,840
for some reasons, maybe similar 
to the way the reasons why the 

909
00:46:47,840 --> 00:46:50,560
open source movement succeeded, 
it turns out to be so 

910
00:46:50,560 --> 00:46:54,160
successful, but basically open 
eye either has to comply with it

911
00:46:54,160 --> 00:46:57,080
and follow its rules or it gets 
cut off from a really important 

912
00:46:57,080 --> 00:46:58,760
market share, something like 
that. 

913
00:46:59,400 --> 00:47:02,600
So that would be an example of a
system growing in power from the

914
00:47:02,600 --> 00:47:05,200
bottom up and forcing an 
existing system to transform. 

915
00:47:05,560 --> 00:47:08,200
And, you know, some systems will
rather die than transform, and 

916
00:47:08,200 --> 00:47:10,320
that's OK, you know, they die, 
good riddance. 

917
00:47:11,240 --> 00:47:13,760
But maybe not. 
The point is that the healthy 

918
00:47:13,760 --> 00:47:17,720
thing grows big. 
OK, is the point then that some 

919
00:47:17,720 --> 00:47:19,560
of these? 
Cultural or spiritual changes, 

920
00:47:19,560 --> 00:47:22,760
like the example that I gave, 
are they not relevant? 

921
00:47:22,760 --> 00:47:26,360
Or that they're so entwined with
politics and other things that 

922
00:47:26,560 --> 00:47:28,880
it's possible that they do have 
some impact? 

923
00:47:28,880 --> 00:47:31,280
Or maybe that they encourage 
some people to make structural 

924
00:47:31,280 --> 00:47:33,520
changes about the kinds of 
companies or organizations that 

925
00:47:33,520 --> 00:47:36,400
they start, Something like that.
Or is it just a waste of time to

926
00:47:36,400 --> 00:47:38,280
even think about spiritual 
matters? 

927
00:47:38,640 --> 00:47:40,800
No, it's not a waste of time to 
think about it. 

928
00:47:41,200 --> 00:47:45,800
But I basically, I believe that 
people's spiritual inclinations 

929
00:47:46,160 --> 00:47:51,640
are shaped not so much by like 
somebody trying to teach them a 

930
00:47:51,640 --> 00:47:54,920
different spiritual inclination.
And they're more shaped to a 

931
00:47:54,920 --> 00:47:56,960
larger extent by the systems 
that they're part of. 

932
00:47:57,680 --> 00:48:01,720
Like for example, if you are a 
big company executives, you're 

933
00:48:01,720 --> 00:48:05,600
shaped every day by talking to 
your board and to your investors

934
00:48:05,600 --> 00:48:08,600
and to your employees who want 
your stock to grow, otherwise 

935
00:48:08,600 --> 00:48:12,880
they're not worthwhile shrink 
and so on and so on. 

936
00:48:12,880 --> 00:48:15,720
So you're shaped by those 
systems every day and by 

937
00:48:15,720 --> 00:48:18,680
watching your peers who behave a
certain way succeed and your 

938
00:48:18,680 --> 00:48:20,480
peers who behave a certain other
way fail. 

939
00:48:21,160 --> 00:48:26,360
So the economy is shaping our 
spiritual faculties, and 

940
00:48:26,520 --> 00:48:29,520
likewise our spiritual faculties
are also shaping the economy. 

941
00:48:29,920 --> 00:48:32,600
And our economy is shaping 
policy by virtue of the 

942
00:48:32,600 --> 00:48:35,080
successful place in the economy 
buying politicians. 

943
00:48:35,680 --> 00:48:38,560
And it happens the other way 
around as well. 

944
00:48:39,280 --> 00:48:40,880
So these things are 
interconnected. 

945
00:48:41,280 --> 00:48:43,880
None of them is primary. 
Any of them is like a 

946
00:48:43,880 --> 00:48:46,400
sufficiently useful lever. 
But I think structure is an even

947
00:48:46,400 --> 00:48:50,640
more useful lever. 
But I think, you know, The thing

948
00:48:50,640 --> 00:48:54,240
is that like, as we think about 
this, we should make sure that 

949
00:48:54,480 --> 00:48:57,880
our work is not erased by the 
forces of the system. 

950
00:48:57,880 --> 00:49:02,480
For example, let's say that you,
you know, do some kind of 

951
00:49:02,480 --> 00:49:05,600
spiritual transformation work 
with a cohort of Business School

952
00:49:05,600 --> 00:49:09,160
students, and then they go to 
McKinsey because that's where 

953
00:49:09,160 --> 00:49:11,880
the jobs are. 
And not much is going to be left

954
00:49:11,880 --> 00:49:13,480
of your spiritual transformation
work. 

955
00:49:13,480 --> 00:49:17,840
By the time they're done, like 
you, you will be lucky if 

956
00:49:17,840 --> 00:49:19,720
something is left. 
And maybe it's not completely 

957
00:49:19,720 --> 00:49:21,920
worthless, but a lot of it will 
be erased. 

958
00:49:21,920 --> 00:49:24,640
And that's because they will be 
taught to operate in a certain 

959
00:49:24,640 --> 00:49:26,920
model. 
And every day they will be 

960
00:49:26,920 --> 00:49:29,840
changed in the direction that's 
opposite from what you taught 

961
00:49:29,840 --> 00:49:32,040
them. 
So we we should be conscious of 

962
00:49:32,040 --> 00:49:36,480
the limits of education. 
I think the cultural pressures 

963
00:49:36,480 --> 00:49:40,200
of 1's. 
Work discipline are hard to 

964
00:49:40,200 --> 00:49:42,080
overstate. 
They're invisible to most of us 

965
00:49:42,080 --> 00:49:44,480
because they just make up the 
cultural environment in which 

966
00:49:44,480 --> 00:49:48,440
you operate on a daily basis. 
But what was that statement I 

967
00:49:48,440 --> 00:49:51,200
said earlier about the the more 
beautiful world we know in our 

968
00:49:51,200 --> 00:49:53,000
hearts as possible or whatever 
you said. 

969
00:49:53,240 --> 00:49:55,240
If you said that kind of 
McKenzie, I think they would be 

970
00:49:55,240 --> 00:49:59,120
like you. 
You are not a cool person 

971
00:49:59,120 --> 00:50:00,680
anymore, like you were in 
trouble. 

972
00:50:00,920 --> 00:50:04,040
You are not reliable. 
You are not a serious person. 

973
00:50:04,200 --> 00:50:08,160
Like just try saying something 
that is about the Poly crisis in

974
00:50:08,160 --> 00:50:11,280
a meeting where you're like I'm 
glad your organization was 

975
00:50:11,280 --> 00:50:14,440
tolerant of it, but I can also 
imagine your board member saying

976
00:50:14,440 --> 00:50:17,720
that in some groups just like 
stay in our lane, like we only 

977
00:50:17,720 --> 00:50:20,960
need to do one thing and like 
why even bring this up? 

978
00:50:20,960 --> 00:50:23,400
We can't even solve one problem.
Well now we have to solve 3 

979
00:50:23,400 --> 00:50:26,400
problems simultaneously. 
Like some of that stuff just 

980
00:50:26,400 --> 00:50:28,760
looks inherently less serious to
organizations that are more 

981
00:50:28,760 --> 00:50:31,720
conventional. 
So the amount of cultural 

982
00:50:31,720 --> 00:50:34,760
pressure there is to conform to 
what is deemed to be practical 

983
00:50:34,960 --> 00:50:37,720
even in like sustainable ESG 
oriented fields. 

984
00:50:37,920 --> 00:50:42,240
I put out a show recently about 
what it's like trying to sell to

985
00:50:42,360 --> 00:50:45,720
a mid of companies and having to
potentially celebrate their 

986
00:50:45,720 --> 00:50:48,640
achievements in public even when
they're relatively small and do 

987
00:50:48,640 --> 00:50:51,000
not account for all of their 
emissions and they are still 

988
00:50:51,000 --> 00:50:53,360
continuing to do not so nice 
things. 

989
00:50:53,640 --> 00:50:56,120
But you kind of have to clap for
them all the same. 

990
00:50:56,120 --> 00:50:58,960
Be like, thank you so much X 
company for your great 

991
00:50:58,960 --> 00:51:02,720
leadership on on carbon removal.
Or you're like, but privately 

992
00:51:02,720 --> 00:51:04,560
people are like, those companies
sucks. 

993
00:51:04,560 --> 00:51:06,360
Like we would be better off if 
this company didn't exist at 

994
00:51:06,360 --> 00:51:08,080
all. 
But you have to say it. 

995
00:51:08,400 --> 00:51:10,960
You got to see the thing. 
Yeah, both can be true. 

996
00:51:10,960 --> 00:51:13,800
Like maybe we would be. 
Happier if this company didn't 

997
00:51:13,800 --> 00:51:17,520
exist at all, but it's also good
that they made some progress 

998
00:51:17,520 --> 00:51:19,880
here. 
Like, I don't know, no humans 

999
00:51:19,880 --> 00:51:23,240
are perfect either. 
And I think that I, I don't 

1000
00:51:23,240 --> 00:51:25,640
really know how to say this 
without sounding like a walking 

1001
00:51:25,640 --> 00:51:30,280
cliche, but I think that this, 
this does hold water. 

1002
00:51:30,480 --> 00:51:34,520
So as long as they're being, you
know, authentic, you know, why 

1003
00:51:34,520 --> 00:51:36,560
not? 
Why not applaud them if they're 

1004
00:51:36,560 --> 00:51:38,680
doing it for the right reason 
rather than for the reason of 

1005
00:51:38,680 --> 00:51:42,160
just green washing, which it's 
really hard to know though. 

1006
00:51:42,640 --> 00:51:44,440
Yeah, I'm sure the people who 
who work in those. 

1007
00:51:44,440 --> 00:51:46,760
Departments are there. 
For the right reasons and and 

1008
00:51:46,760 --> 00:51:48,400
care about it. 
But I think the company overall 

1009
00:51:48,400 --> 00:51:52,040
is like they've determined that 
this prepares them for a pre 

1010
00:51:52,040 --> 00:51:54,800
compliance moment that they're 
going to be ahead of their 

1011
00:51:54,800 --> 00:51:57,080
competition because they already
have all the connections through

1012
00:51:57,080 --> 00:51:59,360
all of the relevant companies 
that will develop projects for 

1013
00:51:59,360 --> 00:52:00,720
them. 
It's like there's always a 

1014
00:52:01,480 --> 00:52:03,560
practical logic to these 
decisions. 

1015
00:52:03,560 --> 00:52:05,880
It's never just let's give away 
our money because it would be 

1016
00:52:05,880 --> 00:52:07,960
super nice to do. 
It's like, oh, this would help 

1017
00:52:07,960 --> 00:52:11,320
us with brand equity. 
Yeah, though I want to bring up 

1018
00:52:11,320 --> 00:52:15,840
something. 
Else I recently read this like 

1019
00:52:16,240 --> 00:52:20,600
long philosophical essay about 
the philosophy of the likes of 

1020
00:52:20,840 --> 00:52:25,680
Peter Thiel and Elon Musk and GD
Vance and courtesy Irvin and so 

1021
00:52:25,680 --> 00:52:31,920
on, and the striking thing to me
was this so I. 

1022
00:52:31,920 --> 00:52:34,160
Am used to. 
Thinking of these people as 

1023
00:52:34,160 --> 00:52:37,160
simply corrupt and arrogant like
that. 

1024
00:52:37,160 --> 00:52:40,680
They simply want more money and 
that's why they're in more power

1025
00:52:40,680 --> 00:52:42,280
and that's why they're acting 
the way they do. 

1026
00:52:44,320 --> 00:52:45,360
I'm not. 
An expert in their. 

1027
00:52:45,360 --> 00:52:48,520
Psychology, I'm just conveying 
like what I get the sense might 

1028
00:52:48,520 --> 00:52:50,880
actually be the case potentially
based on reading that. 

1029
00:52:51,840 --> 00:52:54,760
So it seems like it might be 
that they're pursuing, like 

1030
00:52:54,760 --> 00:52:59,000
honestly pursuing a vision of a 
better world rooted in a 

1031
00:52:59,000 --> 00:53:03,720
different understanding of what 
a better world is, just because 

1032
00:53:03,720 --> 00:53:07,040
they spent their whole life 
building machines and companies 

1033
00:53:07,040 --> 00:53:09,240
that make machines and function 
like machines. 

1034
00:53:09,720 --> 00:53:11,800
They think that the better world
is a machine. 

1035
00:53:12,360 --> 00:53:16,360
And that brings them to 
philosophy of this guy Curtis 

1036
00:53:16,360 --> 00:53:21,240
Yarwin that basically everything
is a corporate state managed by 

1037
00:53:21,240 --> 00:53:23,560
ACEO. 
But there are some interesting 

1038
00:53:23,560 --> 00:53:25,640
parallels there. 
Like there are some things that 

1039
00:53:25,640 --> 00:53:28,920
I don't disagree with. 
So for example, even apparently 

1040
00:53:28,920 --> 00:53:32,480
the philosophy of this guy 
Curtis Yarwin is like he 

1041
00:53:32,480 --> 00:53:35,760
proposes to have a large network
of interconnected sovereign 

1042
00:53:36,400 --> 00:53:38,280
corporate states. 
Like I'm on board with the 

1043
00:53:38,280 --> 00:53:41,520
interconnected sovereign part 
and what's not on board with the

1044
00:53:41,520 --> 00:53:45,280
part about corporate states? 
And like the reason that he is 

1045
00:53:45,280 --> 00:53:49,240
for corporate states, it's not 
that he thinks that slavery, 

1046
00:53:49,520 --> 00:53:52,000
corporate slavery is good and 
nothing to worry about. 

1047
00:53:52,120 --> 00:53:54,040
It's more that because he thinks
it won't happen. 

1048
00:53:54,040 --> 00:53:57,280
I think he's mistaken in that. 
But I guess my point is that 

1049
00:53:57,480 --> 00:54:01,000
it's there is some ray of hope 
in the fact that some of the 

1050
00:54:01,000 --> 00:54:03,640
most powerful people in the 
world are not actually purely 

1051
00:54:03,640 --> 00:54:06,320
motivated by money. 
Like they may actually be 

1052
00:54:06,320 --> 00:54:08,960
motivated by a perverse vision 
of what good is. 

1053
00:54:09,400 --> 00:54:13,600
And by I also find in those 
philosophies that they actually 

1054
00:54:13,600 --> 00:54:16,440
do share some of my 
understanding of the role of 

1055
00:54:16,440 --> 00:54:19,760
existential risk. 
That like ultimately it is about

1056
00:54:19,920 --> 00:54:22,840
long term survival of the 
civilization, even if there's 

1057
00:54:22,840 --> 00:54:23,960
going to be a collapse in the 
way. 

1058
00:54:23,960 --> 00:54:25,640
Like, hey, I'm on board to that 
part too. 

1059
00:54:26,080 --> 00:54:29,160
I just completely disagree with 
you about what a long term 

1060
00:54:29,160 --> 00:54:31,400
thriving civilization looks like
and how to get there. 

1061
00:54:31,920 --> 00:54:35,560
But but like, if we share that 
goal, like, who knows, maybe one

1062
00:54:35,560 --> 00:54:38,440
day you will realize that your 
way doesn't work and maybe 

1063
00:54:38,440 --> 00:54:40,240
you'll start building a 
regenerative economy. 

1064
00:54:42,720 --> 00:54:45,000
Yeah. 
I don't know how long, how far I

1065
00:54:45,000 --> 00:54:46,640
want to take this line of 
reasoning. 

1066
00:54:47,040 --> 00:54:51,120
But I think the core point is 
that there is maybe some hope 

1067
00:54:51,120 --> 00:54:54,800
that powerful people could 
change their mind or could be 

1068
00:54:54,800 --> 00:54:57,080
allies on some components of 
what we want to do. 

1069
00:54:58,360 --> 00:55:00,320
I think it makes sense to treat 
them as. 

1070
00:55:00,840 --> 00:55:02,640
Acting in good faith. 
I think there are some people 

1071
00:55:02,640 --> 00:55:06,840
who are at the the heights of 
wealth and corporate success 

1072
00:55:07,080 --> 00:55:10,240
that care about winning and 
their ideology is basically just

1073
00:55:10,240 --> 00:55:12,880
that they like winning and being
the best at things. 

1074
00:55:13,160 --> 00:55:15,720
But I think for those who are 
ideologically motivated, I think

1075
00:55:16,320 --> 00:55:21,400
there's a there's a concept from
from Platonic philosophy called 

1076
00:55:21,520 --> 00:55:24,840
Acrazia. 
And Socrates is asking like, how

1077
00:55:24,840 --> 00:55:28,360
could anyone choose a bad thing 
if the good thing is right there

1078
00:55:28,360 --> 00:55:30,280
beside it? 
Everyone would obviously choose 

1079
00:55:30,280 --> 00:55:33,120
the good thing, right? 
And obviously the the answer to 

1080
00:55:33,120 --> 00:55:36,200
this is that they they misjudge 
or differently judge what is 

1081
00:55:36,200 --> 00:55:38,240
good. 
And even like peels Antichrist 

1082
00:55:38,240 --> 00:55:40,600
lectures that he's been giving 
recently that identifies Greta 

1083
00:55:40,880 --> 00:55:43,760
as a great threat and a 
candidate to be the Christian 

1084
00:55:43,760 --> 00:55:47,240
Antichrist is there because she 
prevents the technology from 

1085
00:55:47,240 --> 00:55:49,920
saving us from our own problems 
that we've created through 

1086
00:55:49,920 --> 00:55:53,120
technology and development. 
It's not just like evil for 

1087
00:55:53,120 --> 00:55:55,160
evil's sake. 
It's a different interpretation 

1088
00:55:55,160 --> 00:56:00,400
of reality that I think is off, 
but it's not just evil for 

1089
00:56:00,400 --> 00:56:02,040
evil's sake. 
And I think sometimes people 

1090
00:56:02,360 --> 00:56:05,280
forget and even like with Trump,
I think Trump likes to win and 

1091
00:56:05,280 --> 00:56:08,000
still wants to be liked. 
And even some of the Elon's most

1092
00:56:08,080 --> 00:56:11,120
pathetic stuff that is very 
mockable and sad, like him 

1093
00:56:11,120 --> 00:56:13,360
playing video games where 
everyone's like messaging him 

1094
00:56:13,360 --> 00:56:15,440
about Grimes, like Grimes never 
loved you or whatever. 

1095
00:56:15,440 --> 00:56:17,680
You can like see it affecting 
him like he still has. 

1096
00:56:17,800 --> 00:56:20,280
He like, wants to be liked by 
people and thought of as a cool,

1097
00:56:20,280 --> 00:56:23,200
smart person. 
Like, it's a very, very much 

1098
00:56:23,200 --> 00:56:26,000
like a Star Wars, like Darth 
Vader still got some good in 

1099
00:56:26,000 --> 00:56:28,520
him. 
I think most people even like 

1100
00:56:28,520 --> 00:56:30,840
people that we have grown to 
distrust and find out what 

1101
00:56:30,840 --> 00:56:32,280
they're doing to be quite 
terrible. 

1102
00:56:32,640 --> 00:56:34,080
I like to think there is some 
hope for them. 

1103
00:56:34,080 --> 00:56:35,640
There's still some heart left in
there. 

1104
00:56:35,840 --> 00:56:38,680
I think we do a disservice when 
we treat people as choosing evil

1105
00:56:38,680 --> 00:56:40,240
for evil's sake. 
I don't know that that's as 

1106
00:56:40,240 --> 00:56:43,160
common as we might think. 
And maybe that's a good place to

1107
00:56:43,160 --> 00:56:45,560
to rap and Oh yeah, have the 
last word on it. 

1108
00:56:46,200 --> 00:56:48,440
Yeah. 
And I think like at least. 

1109
00:56:48,440 --> 00:56:50,920
For myself, I didn't think that 
they're choosing evil for evil's

1110
00:56:50,920 --> 00:56:52,520
sake. 
I thought they're choosing evil 

1111
00:56:52,520 --> 00:56:56,960
because it benefits them, like, 
because they want to feel like a

1112
00:56:56,960 --> 00:57:00,400
savior or something like that. 
But what I didn't realize that 

1113
00:57:00,400 --> 00:57:03,000
there might be actually a 
philosophy, even a philosophy I 

1114
00:57:03,000 --> 00:57:04,640
don't disagree with, I don't 
agree with. 

1115
00:57:04,640 --> 00:57:05,560
Behind it. 
Yeah. 

1116
00:57:05,560 --> 00:57:07,440
You gotta go read some Renee 
Gerard and some. 

1117
00:57:07,440 --> 00:57:09,000
Of the other people that they 
they like. 

1118
00:57:09,000 --> 00:57:12,320
And for next time, we'll talk 
critical theory and all that 

1119
00:57:12,320 --> 00:57:14,320
stuff. 
Yeah, Thank you for coming on 

1120
00:57:14,320 --> 00:57:16,080
the show. 
I really appreciate your work. 

1121
00:57:16,840 --> 00:57:18,240
Yeah, Thanks, Russ. 
This was great.

