Today’s ‘consensus’ economic model is accountable only to itself. With $102 trillion in assets under management worldwide, the model displaces any value that cannot be identified, calculated and captured in terms of money. Money-myopic and finance-fixated, it’s no wonder we live in a world that feels dumbed-down, disconnected and dangerous—to community, civil society and the environment.
NewRock’s hybrid business model bypasses an approach known to be socially inequitable, politically destabilizing, fiscally shortsighted and ecologically perilous. Most importantly, today’s globally dominant model is ill-equipped to address the climate crisis. Either business practices align interests to protect and restore the environment or hasten its decline. That choice presents a design challenge.
Sustainability requires an ability to anticipate and address systemic risks. NewRock offers a for-profit means to create a renewable energy future that aligns incentives to make capitalism accountable both to people and the planet. Absent a course correction, societies will continue to fracture, our habitat will continue its decline and exclusion will continue to fuel cynicism and extremism.
The model includes a means to leverage reserves of oil and gas to fund next-generation energy while leaving those carbon-emitting resources in the ground. A hybrid structure recycles to public purposes up to two-thirds of profits based on stakeholders demonstrating their accountability to community.
Today’s dominantly transactional economic model displaces any value not calculable in terms of money. NewRock’s relational model attunes the forces of finance to the interests of community, the environment and the future by harnessing the power of private enterprise to address public needs.
Early adopters will enjoy a competitive advantage by showing how to foster social, fiscal and ecological resilience. Locale-attuned metrics incentivize the realignment of interests to generate benefits both for community and the future rather than solely for a well-to-do few. Thus, for example, rather than social media monetizing user attention spans for the financial benefit of a few, that liquidity can service hybrid bonds to support pay-it-forward higher education, preventive healthcare and micro-grid renewable energy.
Those calling for closer government oversight of Facebook and Alphabet/Google fail to grasp that psychographic-assisted micro-targeting is their business model. NewRock proposes to displace user-abusive firms with a user-owned and community-responsive design.
NewRock’s self-financed business model is designed to provide widespread access to affordable clean energy, pay-it-forward higher education and preventive healthcare accompanied by the broad-based prosperity required to sustain human dignity. Unless interests are aligned outside the current paradigm, change will not advance a genuinely systemic solution.
Real change is created by aligning interests around achievable savings and systemic efficiencies that foster healthy and resilient communities. As the model replicates and scales, it rewards behavior that protects community and punishes those who exploit. At the macro level, a stakeholder-responsive strategy provides a hedge against the systemic risks that accompany today’s dominant model.
NewRock offers a more robust framework for genuine sustainability. Designed to bridge the public-private divide, the model enables business to capitalize on the shared prosperity whose absence destabilizes development worldwide. A hybrid approach addresses structural flaws while evoking a common sense of purpose that cannot be engaged with appeals to nationalism or ideology. With a globally adaptable financial strategy, NewRock incentivizes the steady reduction of fiscal subsidies by shifting economies in the direction of inclusion, stability, fiscal foresight and resilience. We offer:
- A replicable and scalable business model adaptable to economies worldwide regardless of ideology.
- A business strategy designed to address systemic risks: social, fiscal and ecological.
- A for-profit means for addressing the two largest fiscal outlays—education and healthcare.
- A free market approach to development appealing to business and government.
- A self-financing strategy funded, in part, by achievable savings and fiscal efficiencies.
- A means to accelerate investment in next-generation energy technologies and infrastructure.
- An approach to preventive healthcare that utilizes big data to incentivize systemic cost savings.
- A means to invest in credit instruments that positively impact long-term outcomes.
- A means to incentivize and monetize measureable savings and systems efficiencies.
- A method for making key services accessible and affordable: education, healthcare and energy.
- A path to bypass the current consensus and its proven inability to create sensible outcomes.
Designed to operate consistent with the core values of the major faith traditions, the model advances peace through shared prosperity and holistic sustainability.
NewRock will reconstitute a bottom-up, stakeholder-inclusive hybrid model that—but for those profiled on The Hidden Tax on Humanity website—would have been implemented in China, as agreed to in 2000, in Indonesia in 2002, in Algeria in 2010 and in Latin America in 2012.
NewRock adheres to the principle that you cannot fight fire with fire. Nor can hate be used to defeat the hate-mongers profiled on the site. The only practical solution is through improved design that unites rather than fractures community, including information technologies that protect rather than exploit user privacy. A problem cannot be solved until it is fully grasped—a key purpose of this site.