The Top 6 r3.0 Medium Articles in 2020

2020 has been r3.0’s third year using Medium, and by far the most successful one. In 2020, we published 20 articles, after 9 articles in 2019 and 31 in 2018, the year we established our presence on Medium and had a lot of earlier content to slice and dice into articles. As we now move into a series of new articles in 2021, presenting for example our recently published r3.0 White Paper on Multicapitalism, we looked at our 2020 statistics in order to see where the highest demand was and what to learn from it.

There are three ways to establish this. How many views did an article get? How many readers did it have in the end? And finally, how many likes did the article get? As most of the traffic we had came from our other social media channels and prompted readers to come here, the number of clicked-through views is an essential indication of reach. The number of actual reads and likes indicates the level of depth and attention people spent on a given article. Our below list is therefore taking reads and likes as the indication of our Top 6. Also, we decided to present the Top 6 as there was a bit of distance in numbers to articles 7–20, these Top 6 really stuck out. So, here’s the list:

1) The Shift to Stakeholder Capitalism — Is It Transformative, or Simply Incremental Improvement?

[…] Stakeholder Capitalism — it’s the latest trend, now embraced by such prominent players as the Business Roundtable, World Economic Forum, and Blackrock. But the question is: will it trigger the economic system transformation necessary for addressing humanity’s predicament? Or is this shift from shareholder primacy to stakeholder capitalism simply the same old wine in a shiny new bottle — slow change from the status quo? […]

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2) What’s at Stake: Flatten the Curve to Respect Carrying Capacity

[…] A simple dotted line. That’s what Thomas Jefferson University Population Health Professor Drew Harris added to existing graphics on pandemic preparedness in his February 28 tweet that made the #FlattenTheCurvememe “go viral” in conveying the urgency of taking “protective measures” to slow the spread of the Coronavirus Disease 2019 (Covid-19) pandemic. What’s so important about that dotted line? It added to the mix the vital notion of carrying capacity — specifically, health care systems’ capacity (the finite number of beds, doctors, nurses, ventilators, face masks, etc…) to handle the onslaught of exponentially increasing Covid-19 cases without being overwhelmed (as Italy and Spain illustrated). […]

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3) Thresholds of Transformation: a Common Denominator to Transcend Incrementalism

[…] Last month, three independent initiatives announced plans for “convergence” toward “common” standards for sustainability reporting. What these initiatives lacked was a “common denominator,” so to speak — there was no overarching logic binding all three approaches, much less such internal coherence within any of the individual initiatives. If anything, the common thread was the general support for incremental approaches to sustainability — and ironically, sustainability is the opposite of incrementalism, as it is characterized by thresholds and tipping points that delineate sustainable from unsustainable states. In the absence of such thresholds, it is literally impossible to discern where incremental movement stands in terms of achieving sustainability. […]

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4) r3.0 publishes Sustainable Finance Blueprint Draft For Public Comment

[…] The goal of creating Sustainable Finance is predicated on the assumption that we currently live in an Unsustainable Finance regime. Empirical evidence — such as the Planetary Boundaries, Doughnut Economics, Ecological Footprint, and Great Acceleration research streams — substantiate systemic unsustainability as fact. Indeed, our current system is best defined as inhabiting advanced stages of overshoot-and-collapse. So clearly, transformation is required, if humanity wishes to create a truly sustainable finance system that can fuel the transition to a Regenerative & Distributive Economy.

The fundamental question this Blueprint asks is: do current Sustainable Finance initiatives set us on a path of transformation to such new and sufficient finance and economic systems? The fundamental answer: A resounding no. […]

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5) Introducing the r3.0 Maturation Matrix

[…] What does Stakeholder Capitalism — all the rage since the 2019 Business Roundtable (BRT) Statement committing to prioritize all stakeholders (instead of just shareholders) — look like in practice? One thing it could look like is this: when stakeholders ask for information substantiating claims that company actions do, in fact, prioritize stakeholders, companies could… provide this information through productive dialogue. When presented this opportunity through a shareholder proposal seeking proof of stakeholder prioritization (amidst much counterevidence), BRT Statement signatories Bank of America, BlackRock, Citigroup, Goldman Sachs, and JPMorgan Chase opted instead for a stiff-arm response. Their lawyers asked the US Securities and Exchange Commission (SEC) for permission to omit these proposals from their proxy statements. The SEC denied the first four banks, forcing them to include the stakeholder requests on their proxies — and allowed the last bank to omit the proposal on technicalities. The irony is thick: “No, stakeholders, we won’t show you how we prioritize stakeholders.” […]

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6) Moving Forward in the Corona Context: What to Let Go, What to Pick Up

[…] Our recent blog “What’s at Stake: Flatten the Curve to Respect Carrying Capacity” has gotten a fair amount of attention, leading to a host of follow-up questions. In particular, we proposed in that blog that the “dotted line” of “healthcare system capacity” that provides the key threshold needed to #FlattenTheCurve of Covid-19 actually applies across the board. In other words, all systems have carrying capacity thresholds that need to be respected in order to nurture the health of those systems — so we see the “dotted line” as enhancing our collective “Carrying Capacity Consciousness.” To further enhance this collective consciousness, we want to answer some of the questions that have been coming in to us. In particular, we’re getting questions on what we need to let go, and what we need to pick up. […]

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Watch out for our 2021 Medium articles, starting soon.

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