Breaking the iron triangle: Technosphere, finance, land

Money is part and parcel of the technosphere. This includes the financial sector. Financial technology is all technical devices that manage financial objects aka assets. In old times, these were metal coins, gold and other valuables, and the means to store and transport them. Today, financial technology is mostly digital. Following social sciences approaches to …

Who can stop the ‘blue acceleration’? The utopia of ‘ocean commons’

Recently I have been engaging in a collaboration with scholars in the field of geoethics and ocean sciences. We discuss the question whether and how the ocean can become an inspiration for developing entirely new ways of thinking about the future design of human societies and economies in the Anthropocene. One of them, Martin Bohle, …

Overcoming the Anthropocentric Epistemics of Economics

My colleague Christian Hederer and I are currently preparing our new book ‘A New Principles of Economics. The Science of Markets’ for production with Routledge. The book establishes economics ‘from scratch’, though relying on the accumulated research of economics in the past centuries. One fundamental difference to established approaches is starting out from Earth system …

The Universal Commons

Recently, I have been digging deeper in the issue of property and ecology. As follow-up to my recent posts on Earth ownership and customary law, I received further inspiration from Karen Bradshaw’s book on 'Wildlife as Property Owners'. She argues that wildlife should be granted full property rights on their habitat. This is a complex …

The Great Trouble

For a German, Putin’s attack of the Ukraine and the atrocities committed against its people, which aim at annihilating its statehood, evokes bitter memories of 1939. Putin’s strategy of escalation will ultimately force the free world to stop him, unless brave Russians could topple him from power. Yet, this will take time. Understandably, NATO cannot …

Lessons of Customary Law for a Geocentric Legal Transformation

Hegel famously called institutions the ‚second nature’. Indeed, in modern societies, our relationship with the ‘first nature’ is deeply shaped by institutions that govern our interactions. In fact, what is ‘nature’ is not given, but is an institutional construct itself. Therefore, if we want to heal our broken relationship with the biosphere, we must change …