Capital Institute’s John Fullerton Discussed the Role of Finance in Creating a Sustainable Economic System at Investors’ Circle Fall Forum in Washington D.C.
Mr. Fullerton shared critical insights on the use of finance and impact investing to transform our unsustainable economy and revealed what the Capital Institute is doing to realize reform.
New York, NY, December 06, 2010 --(PR.com)-- John Fullerton, President and Founder of the Capital Institute, an organization bridging mainstream finance with the new economy movement and related efforts to rethink the nature of economics and our financial system, discussed the role finance and impact investment should play in advancing a sustainable economic system at Investors’ Circle Fall Venture Fair and Forum in Washington D.C. on November 10, 2010.
“The problems we face: climate change, peak oil, wealth inequality, and even the financial crisis, can all be understood as symptoms of our unsustainable system,” explained Mr. Fullerton. “To effect change we must look beyond the symptoms and transform the paradigm in which the system operates. Finance is the key to realizing this transformation.”
Mr. Fullerton’s presentation began by outlining the root causes of our unsustainable economy and went on to identify the environmental and social crises that we face as a result of it. He explained that in our current system the planet and its resources are being used to serve the economy, which in turn serves finance – financial gain (and growth) being the primary objective. However, in a sustainable system, finance serves the economy, which ultimately serves people and the planet. Finance, as Mr. Fullerton described it, can serve as the “acupuncture point,” and as such has the power to fuel a systemic transformation.
Mr. Fullerton then introduced the Capital Institute and its theory of change: “The Power of the 1.” According to Mr. Fullerton, the wealthiest 1% of the population has both the duty and an opportunity to lead the transformation, harnessing their capital and directing their financial assets to advance a sustainable economic system. Additionally, he affirmed that each person – everyone – is critical to raising consciousness about our unsustainable situation and advocating for reform.
“Capital has a purpose, and people in control of capital have a responsibility to use their financial advantage for the betterment of the economy, the planet, and its people,” Mr. Fullerton concluded. “Impact investing plays a critical role in driving the transformation to a sustainable economic system and is a key focus of the Capital Institute. Investing in sustainable, ethical, and profitable ventures will have a profound impact in rebuilding the economy; that’s why the Investors’ Circle is so important.”
Other speakers at Investors’ Circle Fall Venture Fair and Forum included: John Elkington from Volans, Dave Chen from Equilibrium Capital, Suzanne Biegel from Investors’ Circle, Don Schaffer from RSF Social Finance, Sky Lance from SustainVC, and Jean-Luc Park from the Calvert Foundation. To view Mr. Fullerton’s presentation please visit the Capital Institute website.
About the Capital Institute:
The Capital Institute stimulates the interaction and action of leaders, scholars, and society by raising awareness of the need to harness the power of capital and markets to advance a just, resilient, and sustainable economic system that will improve lives and preserve Earth’s life support systems. As a think tank rooted in traditional finance, the Institute engages in research, project leadership and sponsorship, education, advocacy and consciousness-raising initiatives to bridge the gap between the new economy movement and mainstream finance. For more information please visit www.capitalinstitute.org.
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“The problems we face: climate change, peak oil, wealth inequality, and even the financial crisis, can all be understood as symptoms of our unsustainable system,” explained Mr. Fullerton. “To effect change we must look beyond the symptoms and transform the paradigm in which the system operates. Finance is the key to realizing this transformation.”
Mr. Fullerton’s presentation began by outlining the root causes of our unsustainable economy and went on to identify the environmental and social crises that we face as a result of it. He explained that in our current system the planet and its resources are being used to serve the economy, which in turn serves finance – financial gain (and growth) being the primary objective. However, in a sustainable system, finance serves the economy, which ultimately serves people and the planet. Finance, as Mr. Fullerton described it, can serve as the “acupuncture point,” and as such has the power to fuel a systemic transformation.
Mr. Fullerton then introduced the Capital Institute and its theory of change: “The Power of the 1.” According to Mr. Fullerton, the wealthiest 1% of the population has both the duty and an opportunity to lead the transformation, harnessing their capital and directing their financial assets to advance a sustainable economic system. Additionally, he affirmed that each person – everyone – is critical to raising consciousness about our unsustainable situation and advocating for reform.
“Capital has a purpose, and people in control of capital have a responsibility to use their financial advantage for the betterment of the economy, the planet, and its people,” Mr. Fullerton concluded. “Impact investing plays a critical role in driving the transformation to a sustainable economic system and is a key focus of the Capital Institute. Investing in sustainable, ethical, and profitable ventures will have a profound impact in rebuilding the economy; that’s why the Investors’ Circle is so important.”
Other speakers at Investors’ Circle Fall Venture Fair and Forum included: John Elkington from Volans, Dave Chen from Equilibrium Capital, Suzanne Biegel from Investors’ Circle, Don Schaffer from RSF Social Finance, Sky Lance from SustainVC, and Jean-Luc Park from the Calvert Foundation. To view Mr. Fullerton’s presentation please visit the Capital Institute website.
About the Capital Institute:
The Capital Institute stimulates the interaction and action of leaders, scholars, and society by raising awareness of the need to harness the power of capital and markets to advance a just, resilient, and sustainable economic system that will improve lives and preserve Earth’s life support systems. As a think tank rooted in traditional finance, the Institute engages in research, project leadership and sponsorship, education, advocacy and consciousness-raising initiatives to bridge the gap between the new economy movement and mainstream finance. For more information please visit www.capitalinstitute.org.
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