Is the MODERN ECONOMY a Plantation System ? -- Paul Knowlton and Aaron Hedges Part 2

Here is the second episode where we continue the discussion with Aaron Hedges and Paul Knowlton on how we can achieve the idea that is thought “unachievable” in our current capitalist society. 

Throughout the episode, they will go beyond the tip of the iceberg and go into depth about ideas and actions we can execute in order to take care of this seemingly impenetrable problem of capitalism and walk to the path of “true wealth”.

Enjoy listening! 

What we learned from Aaron Hedges and Paul Knowlton in this episode:

 

• The Litmus Test that the book “Better Capitalism” offers. 
• The Four different economic arenas — How can “Better Capitalism” be achieved? 
• How can you achieve your personal wealth, personal advancement, and ambitions through partnership economics? 
• The Prisoner's Dilemma in capitalism. 
• How can we achieve mutual partnership in big corporations? 
• What is a sovereign wealth fund? 

Success Quotes:

 

"I think we're all trapped, whether we recognize it or not, we're all trapped in this system.” - Paul Knowlton

 

“Hopefully, both people are transparent enough that we can have that open dialogue about needs and interests and how we can mutually benefit each other.” - Paul Knowlton

 

“Find the value that's there and bring others along with you.“ - Aaron Hedges

Timestamp:

 

00:00 - Intro

01:55 - Paul tells a story that marked the turning point in his life.

06:59 - Aaron and Paul describe the basic principles of partnership economics.

14:42 - Aaron and Paul deep dive into how everyone can benefit through partnership economics. 

22:08 - Aaron and Paul discuss how the prisoner's dilemma can be resolved for everyone through mutual partnership. 

31:03 - Aaron and Paul elaborate on how big corporations can drive away from the concept of “Capitalist Society”. 

36:38 - Paul talks about the feedback that they’re receiving from their book.

38:19 - What does the sovereign wealth fund concept entail?  

41:39 - Aaron and Paul did a little touch base about the basic income. 

 

About the Guests:

Paul Knowlton, JD, MDiv, Engineer. Lawyer. Entrepreneur. Theologian. 

 

He is also the co-author of the business ethics book Better Capitalism (May 2021; Wipf and Stock) and invites you to visit the www.PartnershipEconomics.com website for more information. 

 

Aaron Hedges

CEO of Inheritance of Hope | Co-Author of Better Capitalism | Entrepreneu

Connect with Aaron Hedges here: 

LinkedIn: https://www.linkedin.com/in/aaronernesthedges/ 

Website: https://inheritanceofhope.org/ 

Website: https://www.partnershipeconomics.com/ 

 

Connect with Paul Knowlton here: 

LinkedIn: https://www.linkedin.com/in/peknowlton/ 

Website: https://www.ubercounsel.com/ 

 

Connect with Us:

 

Jonathan DeYoe - Money Philosopher LinkedIn: https://www.linkedin.com/in/jonathandeyoe/ 

Terrie Schauer, PhD - Author of Mindful Landlord LinkedIn: https://www.linkedin.com/in/terrieschauer/?originalSubdomain=ca