Shattering Economic Stereotypes with Erinch Sahan: The finance industry we need for humanity to survive

Ever wondered why humanity's progress is stunted, despite advances in technology, infrastructure and knowledge? Why socio-economic disparities are widening? Why life is scarier, harder and less hopeful than ever before? Why a rapidly increasing portion of people are afraid to bring children into this world? 𝗜𝘁’𝘀 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝗼𝗳 𝗵𝗼𝘄 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗳𝘂𝗻𝗰𝘁𝗶𝗼𝗻! My recent conversation with Erinch Sahan, former chief executive of the World Fair Trade Organization (WFTO) and the business lead at Doughnut Economics Action Lab (DEAL), dives into the uncomfortable engrained fallacies of the profit-centricity in companies, the effect of a brazen shareholder primacy and discusses how both shape an economy that supports a privileged few at the expense of the many. In this episode, we name the finance industry as the biggest extractor of wealth in today's economy, stifling innovation and increasing socio-economic inequality, and, we identify that all we do to improve the world for future generations is doomed unless we fix the finance industry. Erinch outlines how every problem we face as a civilisation starts and ends at the finance industry and we explore how founders of humanity’s next greatest businesses will redesign industries for the collective good and unleash a torrent of hidden potential that will take humanity forward and off this terrifying path.  We discuss how humanity's collective survival depends on transforming the finance industry from being a system that feeds narrow and privileged self-interests to one that fuels holistic prosperity for all of earths citizens. This thought-provoking conversation has implications for all of us - entrepreneurs, employees, investors(!!) and, the most important people of all; consumers. It’s crucial each of us understands and works every day towards changing the status quo because a sustainable future for all of us depends on reshaping the finance industry and corporate world. Do you think you're ready to acknowledge that nothing else we do to improve the future for humanity matters unless we fix finance? If so, join us as we dive into the very hard and very deep issues that humanity MUST fix. Transforming the future 𝙨𝙩𝙖𝙧𝙩𝙨 with transforming finance! If you're invested in solving climate, in improving diversity, in pursuing equality, in breaking down power structures and jamming a stick in the cogs of colonialism and its patriarchal systems, you'll find a welcome friend in this episode.