[Themaintainers] Upcoming Event! You're Invited: Engineering for Long Term Solutions

[Tim MacDonald]

I Zoomed in to this event last night, co-sponsored by The Maintainers and Long Now Boston.

One point made by panelist Donna Riley resonated with me particularly.  It is something all Maintainers, I believe, will need and want to develop some fluency in.

It is the question of the impact of financial decision making on engineering for maintenance into the long now, and Who decides?

Today, decisions are being made by experts in financialization as the use of securitization for institutional speculation using Fiduciary Money.

Financialization is diametrically opposed, philosophically, structurally, institutionally and BY DESIGN, to the ethos of both The Maintainers and The Long Now.

We cannot re-design Financialization to bring it into line with us.

BUT we can design a new architecture for investment of Fiduciary Money by Pensions & Endowments as the superfiduciary stewards of society’s social superfunds entrusted to them as institutional owners of tens of trillions in Intergenerational Fiduciary Money, collectively, worldwide, with:

the PURPOSE to realize fiduciary minimum cash flows sufficient to programmatically provide financial certainty in a dignified future to an evergreen, ever-changing population of qualifying individuals, directly, that will be also, of necessity, be a future of physical dignity for all of society, consequently; and
The POWER of size, purpose and time to use technology to negotiate; they do not have to speculate. Which means they do not have to Financialize.  And they shouldn’t.

At Bank of Nature, we call this alternative of Pensions & Endowment investing in enterprise, directly, through negotiation The Untaken Safer Alternative to Financialization as Business As Usual.

Decisions made for the future by Pensions & Endowments as superfiduciaries negotiating with enterprising visionaries directly can and should align well with the values of both The Maintainers and The Long Now.

In fact, as we Mobilize Fiduciary Money to set itself free from Financialization by embracing Negotiation we will be opening up a whole new career path for professionals who become expert in enterprise design through negotiated agreement on prioritizing cash flows.  The shared ethos of The Maintainers and The Long Now will become core skills for this new profession and these new careers.

So, my question is whether this group might be open to weaving a thread into these discussions that looks at enterprise design for a dignified future as  one part of the larger tapestries of The Maintainers?

Tim

Tim MacDonald
Legal and Financial Theorist
Bank of Nature

Bankofnature.eco



> On May 20, 2022, at 4:29 PM, Liliana Coelho <liliana at themaintainers.org> wrote:
> 
> Dear Maintainers Listserv,
> 
> You're invited for our upcoming #MovementFellow event on June 6th in conjunction with Long Now Boston. This event is led by Tona and our very own Guru Madhavan, Maintainers advisor, will be one of the panelists. 
> 
> Check it out and share throughout your networks!
> 
> Take care,
> The Maintainers Team
> --------------------------------
> 
> Engineering for Long Term Solutions - The Challenge of our Times, A Joint Conversation Event by The Maintainers and Long Now Boston
> Monday, June 6th | 7:30 PM EDT | Register Here <https://www.eventbrite.com/e/engineering-for-long-term-solutions-the-challenge-of-our-times-tickets-343816112247>
> 
> The accelerating pace of innovation and change has led to complex social, technological, and even existential challenges that were unimaginable a century ago.  Addressing these wicked problems requires a shift in the way we approach “engineering”, the structured processes by which we solve problems.
> 
> The conversation will be led by Tona Rodriguez-Nikl <https://themaintainers.org/tona-rodriguez-nikl/>, 2022 Maintainers Movement Fellow, and will feature a panel of esteemed academics and practitioners involved in cutting edge research and dialogue on the applicability of engineering concepts and principles to modern problems. Together, Donna Riley, Guru Madhavan, Kai Whiting, and Bill Bulleit will explore the ethical and philosophical ideas that guide the methods and conceptual processes for engineering (or re-engineering) our world. 
> 
> Long Now Boston <https://www.longnowboston.org/> and The Maintainers <https://themaintainers.org/> have come together to proudly present a conversation melding our two key concepts: long-term thinking and maintenance. This event is led by Maintainers Movement Fellow Tona Rodriguez-Nikl, and is hosted within the Long Now Boston conversation series. We look forward to hearing your thoughts on how these concepts informed the conversation! 
> 
> REGISTER HERE <https://www.eventbrite.com/e/engineering-for-long-term-solutions-the-challenge-of-our-times-tickets-343816112247>
> _______________________________________________
> Themaintainers mailing list
> Themaintainers at lists.stevens.edu
> https://lists.stevens.edu/mailman/listinfo/themaintainers

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