Moving Assets into Steward Ownership

Derek Razo is co-founder of Purpose Foundation and Managing Director of Common Trust. In conversation with Matthew Monahan.

• Purpose Foundation: https://www.purpose-us.com

• Common Trust: https://www.common-trust.com

• Derek's LinkedIn: https://www.linkedin.com/in/derek-razo-b758a7270

TOPICS

• 00:00 Intro

• 02:24 Derek’s background and interests

• 13:36 Structural flaws with the current system

• 16:01 Derek’s theory of change

• 19:09 An example of steward ownership

• 21:54 What support Purpose Foundation offers

• 29:35 The importance of mature assets

• 33:41 How Common Trust works

• 36:37 Common Trust client example

• 39:50 Challenges to the stewardship model

• 51:40 Perpetual Purpose Trust (PPT)

• 57:35 Patagonia and taxes

• 01:02:44 Shared ownership versus stewardship model

• 01:09:10 Commentary on web3

• 01:34:40 Final hot take and reflections

RESOURCES

• Purpose Foundation (Global): https://purpose-economy.org/en/purpose-foundation/

• Purpose Futures Fellowship: https://www.purpose-us.com/writing/purpose-futures-fellowship

• Enspiral: http://enspiral.com

• Organically Grown Company: https://www.organicgrown.com

• Agrarian Trust: https://agrariantrust.org

• Bosch: https://www.bosch.com/

• Patagonia: https://www.patagonia.com/ownership

• Mangaroa Farms: https://mangaroa.org

• Arrow's impossibility theorem: https://en.wikipedia.org/wiki/Arrow's_impossibility_theorem

• The AI Dilemma with Tristan Harris: https://www.humanetech.com/podcast/the-ai-dilemma

This interview took place during Eco-Weaving 2023.