1st Edition
Climate Change is an Opportunity Why We Need Principled Capitalism
We have an imperative, as never before, to change our ways. Climate change is presenting the entire human race with its greatest ever existential challenge. Like many I feel a growing sense of looming disaster. Yes, we are making some progress, but past agreements are not delivering. In this book I put a case for a new form of principled capitalism based on moral principles rather than utility and profit. I propose ten pillars that include systems thinking as citizens of the world and embracing Modern Monetary theory to guide decisions about macroeconomics and national debt.
Prologue. List of Figures. Ten Learning Points about Economics. Five Axioms of Systems Thinking. THINKING. Preamble to Part 1. Be Careful What You Think (Because Your Thoughts Run Your Life (Proverbs 4:23: ICB version)). 2. Models are Cool—There is no Getting Around It (The Wise Doubt—Judge to Make the Complex Simple and not the Simple Complex). 3. Rational People are Irrational (Nothing is Perfect—Excellence is Purposeful Progress through Learning). TESTING. Preamble to Part 2. 4. Knowing the Price but not the Value (Some People are so Poor, All they have is Money—Big Sean (American rapper)). 5. Sorting the Wheat from the Chaff (Anyone Who has Never Made a Mistake has Never Tried Anything New—Albert Einstein). ACTING. Preamble to Part 3. 6. Gimme Money (That’s What I Want —The Beatles). 7. Is the Genie Already Out of the Bottle (Emerging as an Increasing Number of Extreme Weather Events). Appendix: The Flow of Money (Everything Must Come from Somewhere and Then go Somewhere—Wynne Godley). Glossary of Technical Economic Terms. Index. Praise.
Biography
David Blockley is an Emeritus Professor of Engineering at the University of Bristol, UK. After graduating he worked for the British Constructional Steelwork Association in London. In 1969 he moved to Bristol University. There he was head of the Department of Civil Engineering and Dean of Engineering. He is a Fellow of the Royal Academy of Engineering and President of the Institution of Structural Engineers. He was a Non-Executive Director of Bristol Water plc.
