'Articles by Hazel Henderson'
Commentary by Hazel Henderson, Editor-in-Chief
Good News from Mr. WU! The UN Report on Finance for Sustainable Development shows the global economics paradigm shifting: from today’s financial model of the global casino dominated by high-frequency trading and multi-trillions in derivative positions far exceeding the real world economy’s GDP – to finance as service to the real economy, as a public good accessible to all, which we at Ethical Markets advocate (see our TV series “Transforming Finance” at www.ethicalmarkets.tv and for educators worldwide at www.films.com and our MOOC www.ethicalmarketsexploratorium.com).
This report, following the UN’s Monterrey, Mexico, summit in 2002 on Financing for Development, has tracked these issues through the financial crises of [...]
It’s common knowledge that human societies work most effectively and harmoniously where there are high levels of trust – in each other and our institutions. Markets cannot operate without trust. Wall Street is learning this as I discussed in Electronic Bulls, Bears & Pigs. Confidence among retail investors has dropped since the 2010 Flash Crash and 16% of small investors have fled. Hearings in the US Senate June 17, on investor loss of confidence, conflicts of interest, high-frequency trading and maker-taker models saw even insiders calling for reforms.
Today, trust is breaking down in many societies around the world. Populist distrust of governments, elites, corporations, media, finance, academia, science, churches, is evident in protest groups, movements, whistle [...]
By Hazel Henderson © 2014 for GreenMoney Journal
Asset managers and investors are supposed to be rational actors, cranking in all available information leading to efficient markets and optimal resource-allocation. As market failures continue to proliferate and hidden externalities come home to roost, we find that successful investing requires going multi-disciplinary – far beyond narrow economic and financial models.
As we learn from pioneer asset managers’ successful fossil-free portfolios, such as those presented at our recent Finding Ethical Alpha Conference, broadened horizons and deeper research reveal huge unexploited opportunities. Our keynote speaker, Doctor Dennis Bushnell, chief scientist at nasa in Langley, VA, pointed out that four abundant resources are [...]
by Hazel Henderson for SeekingAlpha.com
The Systems View Of Life: A Unifying Vision by Fritjof Capra and Pier Luigi Luisi, Cambridge University Press, UK 2014
This hefty volume, The Systems View of Life: A Unifying Vision, is a tour de force and will be a perennial textbook for decades for multi-disciplinary researchers worldwide. Authors Fritjof Capra, a physicist, and Pier Luigi Luisi, a biochemist, transcend their original scientific pursuits, arriving at systemic overviews of life on Earth, synthesizing research from complexity and chaos theories, cybernetics, thermodynamics, geology, fractal geometry, biology, ecology, genetics, epigenetics to sociology, anthropology, psychology, economics and finance. Their damning critique of economics and global finance [...]
This classic piece by Hazel Henderson was written in 1996 for the Ikeda Center for Peace, Learning and Dialogue on her acceptance of their Global Citizens Award.” ~ Editor
Globalization: A Summon to Social Renewal in the 21st Century
Hazel Henderson offered these remarks at the Center's Second Annual Global Citizen Awards Ceremony, held in 1997. Her award co-recipient that year was Nobel Peace Prize winner Adolfo Pérez Esquivel. Ms. Henderson is the author of many books, including Planetary Citizenship (2004), a dialogue with Center founder Daisaku Ikeda, andEthical Markets: Growing the Green Economy (2006). She was introduced by Ambassador Juan Somavia, Permanent Representative of Chile to the United Nations.
Juan Somavia: An Introduction
As a friend and colleague [...]