🟥 From
Problem-Solving Economy (Extractive)
A Viable Economics Model for Environmental Enrichment
Over the past century, traditional economics focused entirely on tracking the volume of financial transactions (the GDP Trap). This extractive Problem-Solving Economy treats the environment as an infinite resource to be consumed in order to build static, disposable physical products and services.
Bumponomics introduces the Viable Economic Model (VEM). We posit that the fundamental unit of economic value is not currency or product, but the Transformed Problem.
By transitioning toward a Problem-Transforming Economy, organizations cease to be external prospectors exploiting the environment. Instead, they act as embedded entities that serve and enrich their ecosystem. The goal shifts from accumulating capital to expanding the capability of the environment itself, ideally creating more organic life forms with their own agency, giving them the opportunity to make connections and multiply systemic variety.
Building upon Stafford Beer's Viable System Model (VSM), Bumponomics asserts that a true Viable Economic Model must function as a Viable Environment Model.
Through the PTO Process (Problems → Transformations → Outcomes), practitioners can actively manage BUMPS (Big Untransformed Meaningful Problematic Situations) to gain true systemic altitude.
Ready to abandon the standard operating procedures of the 20th century?