WEAll News

7 Bold Strokes to Save Our World by Bob Willard

Tags: blog, economics, Guest Author, Report, research
Published on August 20, 2020

Bob Willard is a member of WEAll who has just recently published his first white paper. You can learn more about Bob and his work by visiting his website here

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Here are the opening paragraphs of my first white paper, “7 Bold Strokes To Save Our World.”

“We are at a pivotal point in the course of human civilization. We need to acknowledge that the system that got us into this global quagmire is not fit for our future. Let’s capitalize on this rare opportunity to truly transform global systems.

“It’s easy to criticize the status quo. There have been glaringly obvious national and global failures to mitigate our current crises effectively, let alone prepare for them. But it’s time to challenge ourselves to propose what we would do if we were in charge of the world. If we had a magic wand, what are the actions that we would immediately take to transform our world to a more resilient, just, inclusive and safe socioeconomic system?”

A 16-page paper is too long to be a blog and too short to be a book, so I decided to make it a “white paper.” According to Wikipedia, a white paper “is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.” That summarizes my intent perfectly.

Donella Meadows’ famous advice is that we should work on the highest leverage points in the system that we want to change. Her most effective and highest leverage point is: “The mindset or paradigm out of which the system — its goals, power structure, rules, its culture — arises.” The seven bold strokes take direct aim at the mindset / paradigm of our current global system. They are:

  1. Replace the GDP with an SDG-based GPI for governments.
  2. Mandate a multi-stakeholder wellbeing purpose for all corporations
  3. Implement SDG-based sustainable procurement
  4. Implement a fair and consistent global tax system
  5. Ensure gender equality in public and private sector leadership positions
  6. Implement a Green New Deal
  7. Reform the banking and securities systems

There are 28 specific actions within the seven bold strokes. We can all work on whichever bold strokes and actions we are closest to, have the most energy for, or have the best possibility to influence. I expect that you are already working on a couple of them, as am I.

We do not have a deficiency of understanding; we have a deficiency of bold, paradigm-shifting action. The urgency of the self-inflicted global crises gives us the courage and duty to act. Collectively, we can accomplish the necessary transformation of our global systems, in time. Let’s get on with building back better.

What do you think? Are the actions too bold, or not bold enough? Are any missing? Please feel free to add your comments, suggestions and questions using the “Leave a reply” comment box. For email subscribers, please click here to visit my site and provide feedback.

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