Reimagining Trust: The Fiduciary Standard for a Humane Society
NOV 11, 202547 MIN
Reimagining Trust: The Fiduciary Standard for a Humane Society
NOV 11, 202547 MIN
Description
<p>Envisioning a Trustworthy Civilization: A Conversation with George Kinder on Fiduciary Principles</p><p> </p><p>In this episode of the Mindful Money Podcast, Jonathan hosts George Kinder to discuss the potential of applying fiduciary principles—putting clients' interests first—beyond financial advice to all institutions, including corporations and governments. George shares his journey and vision for a more humane and trustworthy world, inspired by lessons from the 2008 financial crisis and his global experiences. The conversation dives into systemic changes needed, the feasibility of such transformations, and how these ideas align with and challenge current capitalistic frameworks. George advocates for a grassroots movement driven by these principles, hinting at a future where enhanced trust and ethical standards in all institutions could lead to a more entrepreneurial and sustainable global society.</p><p> </p><p>00:00 Introduction to a Humane and Trustworthy Society</p><p>00:48 Welcoming George Kinder and His Vision</p><p>00:54 The Fiduciary Standard Beyond Finance</p><p>02:09 George's Global Startup and Poetry</p><p>03:47 The Three Domains of Freedom</p><p>05:24 A Golden Civilization: Global Insights</p><p>06:43 Challenges and Philosophical Perspectives</p><p>09:35 Defining Fiduciary in All Things (FIAT)</p><p>13:15 Human Nature and Systemic Change</p><p>17:12 Examples and Practical Applications</p><p>21:52 Concerns and Resistance to Change</p><p>24:28 Redefining Corporate Greed</p><p>26:20 The Role of Truth in Democracy</p><p>28:28 Navigating the Complexity of Truth</p><p>30:00 The Bell Curve of Truth</p><p>32:56 Challenges and Resistance</p><p>34:48 The Vision for a Trustworthy World</p><p>39:27 Sustainable Business Practices</p><p>41:32 Spreading the Mission</p><p>46:35 Conclusion and Call to Action</p><p><br /></p><p>ABOUT MINDFUL MONEY:Do you struggle with money? You’re not alone.Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration, it becomes destructive.The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.If you aren’t happy with your finances, feel like money takes more time than it should, or want to place your financial decisions into the broader context of your life, this show is for you.Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy but do NOT improve outcomes.MINDFUL MONEY RESOURCES:Website: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbGtUSVhhMjFQMnA0VGlaTFNMWGt4MkMwN09PZ3xBQ3Jtc0ttSVBEM2FLUkk4c3Jock0wLVlBQjJFdmxybDN5Rkh6ZFNrc2FaZWgwTllMXzNLR1N4WVNVNHFwWTk4bGpGenpGODM4VEVObzEtOFc0dXd6dFlaSHhMMUkzTGFDbldCaTJiY3lQaXdNaUtETmtaZWJUSQ&q=https%3A%2F%2Fmindful.money%2F&v=1aUJsSD92d0" target="_blank" rel="ugc noopener noreferrer">https://mindful.money</a>Jonathan DeYoe on LinkedIn: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbko0U2Mxd2Fkb3RLQzNpLTROZUdtdGFIa0U1UXxBQ3Jtc0tsNFpCYllJVWUwblBMcG9MOVdfU0RUWUFpUkh2c3RzRFZQV20zLUZoM3ZTY0h5VkdzZ2xYWVFFd0g4RXoxRDF4bGtxYnZnNkd5NWV5OEo0ckRPNThsbWh1MmxYZ1VUUl90c2xXa1dUZXM2d3d3WnYyNA&q=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjonathandeyoe&v=1aUJsSD92d0" target="_blank" rel="ugc noopener noreferrer"> / jonathandeyoe </a>Mindful Money on X / Twitter: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbWhiTGJCMF9RUXVxNVFNTGZqTUVVVGEyY0d3Z3xBQ3Jtc0ttS2dGOTBwSWNVOEdVanVNYjlkVk1ySm9SbFpQeGxJSU44bVpIOC1fME9XV0pyNHVCZDFlbnl2dzNQYUIzbU40ZWZ5SGZnbk5JeWFpNXBxNG1oQ2FHWDJsQ0h0QmV2bzhzell5djdiVWdmSU1aazA4Yw&q=https%3A%2F%2Fx.com%2FMindfulMoney_Ed&v=1aUJsSD92d0" target="_blank" rel="ugc noopener noreferrer">https://x.com/MindfulMoney_Ed</a>Mindful Money on Facebook: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbE0zZmRrVzdPdGJCLW1lMnhQRjlsbFZhRWJEUXxBQ3Jtc0tteEowZnBiSmIxb1pTTWZNQk1LOXZRcHNqSkFjQkxOdnl5dU0wQzYxNVZGVUFOX2Z3U0lLS3Y1VkRuYzlZZFZNRTZkS2RJNUUwOTVNTjNrUEFIWkJmVzBzY3VIbVk1UWJscjdrNmVHb1BtMnNNelF4SQ&q=https%3A%2F%2Fwww.facebook.com%2FMindfulMoneyPlan&v=1aUJsSD92d0" target="_blank" rel="ugc noopener noreferrer"> / mindfulmoneyplan </a>Mindful Money on Instagram: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbERnVXJraTEtb0wzMzBwelUwaEQ5dGNRSjFaQXxBQ3Jtc0ttcWRLaFBzN3RjUjh6ZVJZMGlFZmQtMmM3OTVoaktpbnFYQ1dBLXJtaFp2Z1ZtaGtpeWRVdnExOTNWS1BXLTBMSDVvb0hsOU41czVINU9TWXZqakdJV2pUYVV0VEwyX2JOYzhmRDJZaVZRSFE1czZhSQ&q=https%3A%2F%2Fwww.instagram.com%2Fmindfulmoneyplan&v=1aUJsSD92d0" target="_blank" rel="ugc noopener noreferrer"> / mindfulmoneyplan </a>Mindful Money on YouTube: <a href="https://www.youtube.com/channel/UCdFfp-H8apXgKJWevNQdORA" rel="ugc noopener noreferrer" target="_blank"> / @mindfulmoney </a>🎙️Podcast Production by Spoken Podcasts: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjJZN1FkQ3NpXy1BMjJUOVlJWlMwM1p3bFc5Z3xBQ3Jtc0tuYXNxY1BNZV92MVI3RWJLb0ZvRkZCSVNVZTFFTlVaUURJTDNjSmh2Ny1JVXVfam83OUFqRUQ0aEk5T205emp2dXZOWUVjQVljOXhOdm9ZN3JKUzZwUXBPYmk1NXFLQ2RzVkFYX1RueVZXX2tJZmFvRQ&q=https%3A%2F%2Fturncast.com%2F&v=1aUJsSD92d0" target="_blank" rel="ugc noopener noreferrer">https://spokenpodcasts.com</a></p>