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“The Sum of Us”: Book Review by Hazel Henderson



What Racism Costs Everyone and How We Can Prosper Together

Heather McGhee, One World/Penguin Random House (2021)

©Hazel Henderson 2021

As a white woman immigrant to the USA from Europe, I became more aware of the privileges I enjoyed, while reading this path-breaking book.

Author, Heather McGhee, to whom I have listened on TV programs as President of the Washington-based think tank Demos, now documents her journeys across the USA and her deep discussions with hundreds of her fellow citizens.  McGhee listens well to their stories of how their beliefs were shaped: on values, family, hierarchy, economics, race, gender, and their hopes, fears, grievances, and visions for our common future.  McGhee also identifies the pernicious belief underlying these attitudes: the win-lose fallacy, that assumes competition of all against all.  This prevents adoption of many win-win policies good for all.  And it derives from laissez-faire economic models promoted since FDR’s New Deal by libertarian oligarchs who benefited from early industrialism based on extraction of coal oil, gas and mining of other Earth minerals.  These efforts to repeal the New Deal included funding libertarian economics courses in many universities and think tanks including the Cato Institute and the Heritage Foundation.  Their influence on US policies and the Supreme Court are documented by Jane Meyer in “Dark Money” (2017).  I have critiqued these economic courses and textbooks for decades.  They promote individual win-lose competitions, ignore values beyond prices and markets and continue to generate all the narrow macroeconomic statistics, including GDP, that are responsible for today’s many market failures.

The deeply-ingrained hyper-individualism I noticed on my arrival in the USA in 1958, was evident in all McGhees’ interviews — contrasting with my more communitarian upbringing in Britain, still then dominant in the culture of most countries on the European continent.  In the deeply unequal US society, McGhee’s interviewees, whatever their circumstances in the economy, I also found that deeply inculcated belief in individualism, liberty and free markets as the solution to most of the issues and problems in this democracy.  The economic textbooks’ message is still rugged win-lose competition with markets equated with democracy while governments are disparaged as inept, bureaucratic or “socialism” and the so-called “deep state” that must be dismantled.  As a frequent lecturer in all Scandinavian countries I can verify that none are socialist, but rather mixed public-private economic democracies.  Further, as one who grew up in Britain under the Labor Party, I can attest that its goal was indeed socialism, which required all major production be under government direction and control.

As I have opined in many books and articles, markets and money are ancient useful tools and often the best way to organize many productive activities.  Yet today, I see few problems facing the USA and other industrialized societies that can be solved without including win-win collective action and competent governance at every level of our now inter-dependent societies.  Yet, as we saw in the chaotic competitive responses in the USA to the Covid 19 pandemic, this  resulted in the heaviest loss of life per capita the world, as I noted in  “Lets Restart America:  Free Daily Testing for All”.

Recently, win-lose market competition failed in the Texas response to the cold weather in February 2021.  The ideology of “market good-government bad” exposed lack of leadership, foresight and unweatherized electric power, water systems, pipelines and basic infrastructure.  This was another huge market failure — also visible in public healthcare and in the global market failures in climate crises and financialized, commoditized global food systems.  McGhee rightly points out that national coordination, as well as by local governments is essential to underpin markets and provide basic infrastructure benefiting all.

Yet constant repetition of so many win-lose belief systems has inculcated attitudes of disrespect for government and distrust of organized community problem-solving.  “Wild West” mythology still fosters this misplaced faith in individual action to solve so many communally-shared needs.  I and author McGhee, along with many others have tried to clarify when markets and individual action works best and those areas where markets fail, and collective efforts can benefit all equally.  I criticized this model of globalization, deregulation and privatization in “Building A Win-Win World: Life Beyond Global Economic Warfare”, (1996, 2004 e-book).

McGhee correctly deepens the analysis to embrace cultural conditioning, education, beliefs systems, religions, and how they shape policies in the USA and other countries.  Following the ground-breaking analysis of Isabel Wilkerson in “Caste” (2019), McGhee identifies race, and our often unconscious biases.  These shaped a century of Jim Crow policies in US markets and government, even in many of the otherwise visionary project of the New Deal in the 1930s.  After decades of Reaganism and laissez-faire economics orthodoxy, financial crises and widening inequality, at last the $1.9 trillion COVID-19 Relief bill of March, 2021 reversed the $1.9 trillion Trump tax giveaway to the top income segments.  This new law will instead provide support to the working classes of Main Street, the unemployed, raising millions including US children out of poverty.  Shifting priorities to those in need is not only the right thing, but also the most efficient way to restore a balanced return to prosperity.  Giving checks to poor citizens assures the money will be spent into the economy.  This can restore aggregate demand and purchasing power — rather than saved or sent to offshore tax havens by the well-off.

Looking back, McGhee cites the examples in towns all over the USA where taxpayer-funded public swimming pools, originally provided summer fun for all kids and a “melting pot” for “Americanizing” immigrants.  These publicly-funded facilities fell into conflicts over race.  White citizens trying to keep Blacks in their place, denied their own kids, also closing down their swimming fun.   They filled in countless pools, just in blind opposition to integration of these public pools and parks.

In McGhee’s last chapter, she describes with surprised and renewed hope the work of the Truth, Racial Healing and Transformation initiative, with early funding from the Kellogg Foundation.  This chapter “The Solidarity Dividend” is not only enlightening and encouraging, but also documents the spread of these successful initiatives in states and cities around the USA.  Groups of citizens are getting together to call out racial and other biases, unfairness and stereotypes, not only among themselves and in their communities, but also confronting mainstream media’s biased reporting and social media’s role in divisiveness.

As I described in “Circular Politics: Beyond Polarization” today’s narrow binary, two-party duopoly in the USA actually represents a minority of voters.  The ranks of “independents” swell, and millions join citizen groups, including Indivisible, environmental activists, MeToo, Black Lives Matter and countless others.  While covering British politics in the 1980s dominated by the Labor and Conservative parties, I discovered that their combined membership was a fraction of those in the Royal Society for the Protection of Birds!

In the USA, after the 2018 election, political operative Cyrus Krohn in “Bombarded” (2020) describes how weaponizing big data, psychographic targeting and social media, elections were being won.  Krohn also points out that weaponizing these tools, used by both Republican and Democrats, could also identify and organize all the independents and their many disparate allies and groups and mount a “third party” victory in the USA!

We all need to read Heather McGhee’s book and act on its enlightening conclusions — individually and together.

Hazel Henderson, Author of” Mapping the Global Transition to the Solar Age” and other books in 800 libraries worldwide in over 20 languages, is CEO of Ethical Markets Media Certified B. Corporation, producer of “Transforming Finance” TV series and publishers of the Green Transition Scoreboard

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Earth Day, Save for Your Future: Contribute to your IRA by May 17 to invest in climate action and fossil-free portfolios



Due to the pandemic, the IRS extended the
Personal Taxes Deadline to May 17

Some of us have been vaccinated, others are waiting to do so.  We are starting to glimpse the end of quarantine and isolation. This pandemic has impacted many of us, yet we still need to plan for a more sustainable, resilient, and impactful future.

Our economy is evolving, extractive industries need to innovate or be left behind, and regenerative approaches are necessary for survival of our planet and people. This tax season consider investing in portfolios positioned for our future.

Consider contributing to your Individual Retirement Account (IRA) to reduce your taxable income and allocate to higher impact, more sustainable investment strategies and portfolios up to $7000 for IRA contributions, depending on your age.

Here are our partners with HIP Investor in The Impact Community (TIC) that may serve your goals for investing and impact — available online, in an investing app, or through local financial advisors:

of High-Impact Portfolio Managers
and Impactful Investment Firms

ETHO® Climate Leadership US ETF (fund ticker: ETHO)
ETHO® is a leading diversified index ETF that avoids fossil fuel companies while selecting equities based primarily on full Scope 1, 2, and 3 carbon emissions and ESG alignment.
Change Finance US Fossil-Free ETF (ticker: CHGX)
Change Finance operates this fossil-fuel-free diversified ETF, and actively engages companies to do better in environmental, social, and governance issues.

Nia Impact Capital invests at the intersection of social justice and environmental sustainability, including the Nia Global Solutions and the Nia Dividend Strategy, available as a separately managed account. Nia seeks firms that pursue an inclusive, just, and sustainable economy. Nia applies a gender-lens and a commitment to racial equity – and is a women-led team of activist investors.

Sonoma Private Wealth (SPW) brings personalized investment advisory services, combined with decades of expertise in investing and planning. SPW Portfolios allocate to sustainable, responsible, impactful investments – including ESG and fossil-fuel-free portfolios, the UN SDGs, dividend-yielding blue chips for income and impact, and reporting to show how impactful your investments can be.

NewDay’s impact-focused investing is aligned and benchmarked with the United Nations’ Agenda 2030 for Sustainable Development, with investment strategies pursuing fresh water, sustainable agriculture, animal welfare, climate action,  ocean health, and sustainable capitalism – as well as faith-based portfolios (Catholic, Islamic, Halakhic) and good governance strategies, on the Newday app.

HIP Investor’s 130,00 Ratings of Stocks, Bonds, Munis, and Funds inform the HIP Strategies and HIP Portfolios — by allocating to leading organizations that are transparent, performance leaders, and willing to be accountable for net-positive results for people, planet and trust.
Higher Impact Portfolios can include these ESG strategies:

Also available for impact and ESG investors:

Why should you contribute to an IRA account?

Contributing to an IRA (Individual Retirement Account) allows an individual to save for retirement with tax-deferred growth. With HIP’s Great Place to Work strategy, or HIP’s Fossil-Fuel Free Diversified Portfolios, your investing can be allocated towards a more positive sustainable future. For IRAs, you can invest $100 and up at OpenInvest, and $1000 and up at Newday.

Contribute To Your IRA Today

Saving for Your Future with an  IRA

Did you contribute to your IRA previously?

Only 14% (or 1 in 7) of households contribute to an Individual Retirement Account in any given year.

Typical IRA contributors compared to non-contributors are more likely to be white, have a college education, and contribute to a 401(k) workplace retirement plan, according to a Center for Retirement Research at Boston College study

Through the OpenInvest app ($100 and up) or the Newday app ($1000 and up), it is easier for you to participate. If you can contribute, you can allocate to impact investing to potentially reduce your taxable income.

Too many American families are ill-equipped to deal with their financial needs during retirement. If younger people begin saving for retirement earlier, they can be better prepared as they approach their retirement years.

Always check with your tax expert or accountant, but here are some things to keep in mind*,

Current IRA Rules

  • The annual contribution limit for Traditional IRAs for both 2020 and 2021 tax years is $6,000 (or $7,000 for those 50 and older to help catch up).
  • There is an IRS penalty for withdrawals prior to age 59 1/2 with limited exceptions. Here is a link to the IRS website. (IRS)
    • For example, new parents are allowed to withdraw up to $5,000 without a 10% early withdrawal penalty as long as funds are withdrawn within a year of the birth or adoption of a new child.

Invest responsibly while saving for your retirement.

  • Contribute to your IRA for 2020 before May 17th, 2021, and follow up with a direct contact so you can fill out an electronic form to affirm your tax year of 2020.
  • Contribute to your IRA for 2021 all year
  • Open an IRA account if you don’t have one yet to invest impactfully, including HIP Strategies
  • There may be additional fees if you close your IRA account.

Contribute To Your IRA Today

*These are the current regulations. The IRS rules may change and you should check with your tax adviser, and learn more here. (IRS)

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Fifty (50) authors contributed 30 chapters, co-edited by Elsa De Morais Sarmento and HIP’s CEO R. Paul Herman. Discover how to invest your capital to achieve a powerful, lasting impact on the world. The Handbook is an insightful guide to the growing world-wide movement of Impact Investing covering 30 chapters with 50 authors from capital markets and academia. Impact investors seek to realize lasting, beneficial improvements in society by allocating capital to higher impact and sustainable profit potential.

Order today, this book is a great GIFT for clients, Board members, co-workers, advisors, and friends:

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(1300-page textbook is $49; e-book is $40)


Equality in 2021: In The HIP Investor book and methodology, the Equality Pillar is one of 5 categories necessary for investments to build a better world. By investing in companies and municipalities that are supporting equal rights and opportunity, you are owning part of the solution. And knowing what you own and the impact your investments have is not only financially more responsible, but also the right thing to do — for everyday investors, investment advisers, fund managers, 401(k) managers, and any innovator or leader today.

Read and share the HIP Investor book (text book, e-book, audio-book) today.


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Copyright © 2006 – 2021 HIP Investor, All rights reserved.


HIP Investor Ratings LLC — which produces 127,000 impact investment ratings and licenses them to investors, advisers, wealth managers, fund managers and retirement plans, including 401(k)s and 403(b)s — is an independent limited-liability company based in California.

HIP Investor Inc. — which manages impact-themed strategies and portfolios, and advises impact-focused investors, including endowments and foundations — is a registered investment adviser, registered in the states of California, Illinois and Washington, and serves clients in other states.

This is not an offer of securities.

Past performance is not indicative of future results.

All investing involves risk.

The views expressed by registered representatives and the investment adviser are for informational and educational purposes only, and are not investment recommendations or an offer of securities.

For a full description of services and disclosures (including fees) relating to separately managed accounts, portfolio management, and wealth management at HIP, please read HIP’s Part II of Form ADV (which can be found at, and on

All investments may lose value and risk possible loss of principal.  HIP Investor Inc. or its Advisory Representatives do not provide tax advice. You should consult with your tax adviser on specific tax issues.

This newsletter should not be construed as a solicitation or offer to sell investment advisory services except where HIP Investor, Inc. is registered or where an exemption or exclusion from such registration exists.

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Ethical Markets




PLANET HEART in association with  WE, THE WORLD

Produced by Andrew Kaen


Hello Friends, Students, all—another Earth Day Celebration is upon us, and we’ll be celebrating, honoring, and learning together…it’s free, fun, sobering, yet uplifting….with some dynamic speakers & performers.  Our second On-line, free event to honor our Mother Earth.  Link below.  I’ll be guiding the spaceship…hope you can join us. Mitchell    




Watch the Broadcast LIVE or Watch the Recording on

Please Like this page to get notified for the Event and please share!


Celebrating our Planet, Healing Our Heart

Come join us for Special Event with our Conscious Community as we Gather in Unity

Honoring Mother Earth. Listen to Inspirational Talks and Experience Live Music Performances,

Celebrations & Prayers for World Peace, Planet Earth & All Inhabitants. All are Welcome!



HOST/MC Mitchell Rabin: International speaker, environmentalist, holistic coach and Host of A Better World Radio & TV

Rick Ulfik: Founder of We, The World, We Campaign, co-creator of 11 Days of Global Unity,

Hazel Henderson: World-Renowned Futurist, Evolutionary Economist, a Worldwide Syndicated Columnist

Dr. Leslie Field: Materials Scientist, Founder & CTO of the Arctic Ice Project

Dahr Jamail: Renowned journalist, Author of The End of Ice: Bearing Witness and Finding Meaning in the Path of Climate Disruption

Henk Rogers: Entrepreneur, Blue Planet Foundation’s Founder and Chair Emeritus

Patricia Anne Davis: Choctaw-Navajo/Chahta-Dineh Wisdom Keeper Indigenous International Speaker and Healer

Monica Willard: Charter Member of the United Religions Initiative (URI)

Intergenerational Panel on Climate with Adrian Alvarez, Brianna Rain Skildum, Grandmother Shannon Crossbear, Jim Graywolf Petruzzi and Sue Blythe

Laurelle Rethke: Bestselling Author, Spiritual Teacher and Crystal Expert

Kathryn Davis: Host of Heart of Mind Radio, Master Teacher of Qigong Form; an Energy-Vibrational Healer

Premik Russell Tubbs: Composer, Arranger, Producer and an accomplished Multi-Instrumentalist

Heidi Little: International, award-winning Singer-Songwriter, Self-Love and Empowerment Educator

Laurell Eden: High Vibration Recording Artist and Health Coach

Missy Galore: Shamanatrix of Lovelution, Galactivator of Goodness, Servant of Cosmic Love

For more information:  [email protected]


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Poems for the Solar Age by Hazel Henderson



Poems for the Solar Age


By Hazel Henderson

Kosmos | Dear Hazel, everyone knows you as a futurist and as an evolutionary economist, an author and a consultant, but I don’t think many people know you as a poet.

Hazel | I knew, for my mission in this lifetime, I would have to do battle with all the alpha males who run the public and private bureaucracies in most countries, and also run most of the academic scene and the silos and the boundaries between disciplines and all the competition and so on. I knew I would have to shift to my left brain and document everything very deeply. So the poetry was when I came home after doing battle in Room 100 under the Capitol Dome for six years as a cabinet level science policy advisor. I would get home and all I wanted to do was to write poems.


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Exciting Kelp Update from 2040



The Australian Marine Permaculture Project is bringing seaweed solutions to life

 Marine permaculture is the practice of regenerating kelp and seaweed to reforest our oceans
and is being pioneered by Dr Brian von Herzen and his team at the Climate Foundation.

Establishing Australia’s first offshore seaweed platform

In an innovative initiative to bring the seaweed solution to life, The Intrepid Foundation partnered with ‘2040’ and the Climate Foundation to launch a public crowdfunding campaign and raised A$600,000 in 2019.

We were blown away by the outpouring of support for this exciting pilot project. And, with this support, we can now build and deploy the first marine permaculture platform in Australian waters, located off the coast of Tasmania in Storm Bay.

Progressing the project

In December 2019, Damon Gameau (Director of ‘2040’ film) had the opportunity to visit the team at the University of Tasmania with Dr Brian von Herzen to see the kelp breeding program first-hand. At the Phase 1 site at Storm Bay, test lines had been successfully populated with kelp bred in the lab. The baby kelp was grown from spores collected from ‘wild’ specimens in remnant populations.

It’s now one year since the microscopic kelps were outplanted adjacent to salmon pens and the largest of them is now a spectacular 10 metres in length! Other kelps outplanted at the same time in the same area, but further away from the salmon pens are considerably smaller (<3m), reflecting the importance of nutrient supply from the pens for kelp growth

Photographed at the end of October 2020, these kelps were0
microscopic when they were first outplanted a year ago at the

Huon Aquaculture

Storm Bay salmon lease as part of the collaborative project

Climate Foundation,IMAS, and Huon Aquaculture. Photo credit: Cayne Layton.

Other key project findings include identifying family lines of kelp that are tolerant of warm water. The project team has also developed a cold storage technique to enable long term storage of kelp in its microscopic stages, producing a kind of ‘seed bank’ that doesn’t require demanding husbandry.

The successes of the project so far, including finessing techniques around kelp husbandry and lifecycle management have laid the foundations to greatly expand the scope and scale of the work.

In 2021, the project team is planning to submit a collaborative research proposal with the Blue Economy Cooperative Research Centre to take the next steps towards growing kelp offshore for commercial and environmental benefit. This collaboration will involve the University of Tasmania (Institute of Marine and Antarctic Studies and Australian Maritime College), Climate Foundation, CSIRO and the Tasmanian Department of Primary Industries, Parks, Water & Environment.

Like most major research projects, the project has also encountered some challenges. When trialling methods to restore kelp beds on natural reefs, initial plantings at the three restoration sites had limited success and the primary method of planting – using twine carrying kelp seedlings – resulted in poor survivorship. Encouragingly, a secondary method trialled at the same time using small 50 x 50 mm plates seeded with micro-kelp, resulted in good survivorship. In 2020, the three restoration sites were replanted with plates densely seeded with tiny kelp seedlings and, at each site, 100 plates were bolted to boulders that comprise the reef substratum.

The University of Tasmania and the Climate Foundation have been working closely on the development of methods of natural reef restoration and in the coming months, the project team will apply for the permits for upwelling water and irrigating seaweed in Australia.

Damon gets up close and personal with remnant Giant Kelp in Storm Bay, TAS

Prototype testing gets underway in the Philippines

While the Tasmanian nutrient trial demonstrated the strong response of kelp to sufficient nutrients, concurrently the Climate Foundation has been testing seaweed responses to restoring overturning circulation and irrigating seaweed forests with the upwelled water – deeper, colder water which rises to the surface.

The team have successfully irrigated red seaweeds with upwelled water at a deepwater marine permaculture platform testing site in the Philippines. Below are some images of the Philippines trial site where the Climate Foundation team built two troughs for the platform, successfully deploying the system into water over 1,000 feet deep.

While the work that Brian and his team have been doing in the Philippines hasn’t been directly funded by the Australian Marine Permaculture Project, the new findings and technological advancements being prototyped in the Philippines are now informing the Tasmanian project – ready to enable the Australian team to progress with Marine Permaculture deployment in Australia.

The Climate Foundation team deployed a prototype trough-based marine permaculture system in the Philippines. Photo credit: Sam Donohue

Prototype trough-based marine permaculture deployed in the deep sea in the Philippines. Photo credit: Sam Donohue

Red seaweeds grown in surface water (right) and in upwelled water (left) with the darker colour indicative of greater seaweed health. Photo credit: Sam Donohue

Close up comparison of the baseline seaweed (tan) with deepwater irrigated seaweed (dark) shows the robust response of this red seaweed to deepwater irrigation.

While Brian and the Climate Foundation team await the results from the trial in the Philippines, early indications show that the seaweed has benefited from the deepwater irrigation, as can be seen in the above image. While neighbouring seaweeds outside the test irrigation site have been shrinking during the summer season, the irrigated seaweeds are growing dark and healthy.

As Dr Brian von Herzen states, “from the Philippines to Australia, Marine Permaculture irrigation is proving itself to be the key to growing strong, healthy seaweed forests that provide habitat for forage fish and may be essential to regenerating life in the ocean.”

If you can, please help with
a Climate Foundation financial donation by going  

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