Money isn’t everything - A new definition of wealth | DW Documentary
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- Опубліковано 22 лип 2023
- Most investing is aimed at generating as much profit as possible. But that’s slowly changing. Some people are now working on a new definition of wealth. The idea: earn money and put it to good use. But how?
The Kenyan company BURN is developing a resource-friendly oven for the country’s rural populace. Large areas of forest are often cut down to meet the huge demand for firewood. The new oven aims to change that. The company needs capital if it is to expand.
This capital is organized by Olga Dickmann, through what’s known as crowdinvesting: instead of putting their money into anonymous funds, investors can choose this model to specifically promote sustainable, environmentally-friendly projects. And those investments don’t necessarily have to be big. Small sums from many backers facilitate larger investments. Funders receive their investment back at a later date with interest.
Investing money while doing good at the same time - an approach that’s also being pursued in the German city of Münster. For decades, the city has been a pioneer in local climate protection. It invests in what’s known as ‘climate trainers’: Local people who are trained to become CO2 experts, then go on to advise households and companies. The program has been an outright success: Since its launch, the annual carbon dioxide emissions of Münster households are a total of 2.5 tons less than that of the average German household.
The Engemann family from the region of Höxter grows organic fruit, vegetables and cereals. They’re well-connected and support other organic smallholdings in the area. In 2020, they compiled what’s known as a balance sheet for the common good. This not only shows the financial profits from their business, but also its social and ecological value.
It’s a model that’s gained a foothold internationally too: nations like Scotland, New Zealand and Iceland no longer want to measure their wealth by GDP alone, but also in consideration of new indicators of success such as social justice and eco-friendliness.
#documentary #dwdocumentary #wealth #money
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It's becoming rare to see positive role models on UA-cam. Because good people don't scream for attention. These people have integrity.
Dignity and humility, not arrogance and lust for money. I respect these guys, and I'll follow them closely.
Health, experiences, family, friends, spirituality, and dictating your time can also equate to wealth. ❤
These communities that people are starting and cultivating are wonderful and inspirational. The world would be in a better place I’d we had more like these.
Money isn't the most important thing in the world but money can affect the most important thing in your life😊
I can’t deny money is necessary for pretty much almost everything in one’s life, but the key is to not make money your only priority.
The BGM makes this look like an infomercial rather than a documentary, Feels like I'm being sold a product
PEOPLE NEED TO REALIZE MONEY IS A IMAGINARY BELIEF!!!
This all makes perfect sense - we do better when we work together. 'Success' needn't be measured, solely, on profit and material possession. Many are coming to see that doing good for others is a more rewarding investment, than simply seeing life as a scramble over others for 'more'. Humanity faces many challenges right now, and the type of economy discussed here, seems as good for the individual, as it does in contributing to the greater society. Shorter supply chains, sourcing and investing locally - all these initiatives - sound reasonable, as well as sustainable.
I like this documentary. A new way people see what wealth is.
wonderful documentary ....it gave me so much info about how wonderfully a well being economy can impact people's lives.
Money= happy. Get with the program people
The intentions of the "leaders" in this video is admirable. Their goals seem to align with that of their society's needs. I am sure accumulating money and wealth is not moved from the equation, but it is inclusive to the community. Wealth in family, love, money, health etc.
Lovely initiative 😊❤More power to these people.
Why is it almost always those who don't have to worry about money that say that money isn't everything.
DW does very good documentaries to bring to light the various industries too. This creates awareness, happiness, sharing and learning. I believe the people being interviewed also feel very proud and happy for the work they do. We can all appreciate. You guys are the new UN!!!
I feel like this is actually a much older idea of 'prosperity' than the neoliberal version.
Earning money is not easy but how to spend it rightly is also a never -ending stories. Thank you very much for your concern and considered your actual and picked topics
So inspiring, all countries must follow this pattern to make the world better and happier place to live for everyone!
Still not convinced . A large portion of the alternative small organic businesses asking for serious money from the end consumer once the product is (mostly unnoticed) on the markets. In my hometown of Gothenburg (Sweden) there has been a explosion of very small private beer brewery's , someone told me they are about 50 (!) in this small town. All run by young enthusiasts (Lets call them Hipsters for the sake of being blunt) And so....their products sell for more than 4x the price as a commercial brand.