In Hoodie Economics , Jack Manning Bancroft builds a values system revolution that centres a relational economy, offering urgent and transformative solutions to embrace Indigenous thinking and ideas from outside the margins and pushing the focus from capitalism to relationships – from the people in suits to the people in hoodies.
Economics is what we value, and in that way, economics is for everyone. But modern financial empires have shut out the many to instead prioritise ‘limitless’ market growth, attention economies and stock profits for the very few. We have been denied our sense of agency and taught to focus on the self above all, and the biggest stock that is down is our relationships – both with each other and with nature. But we have the powerful tools of imagination and exchange that will allow us to reshape economics for everyone.
Hoodie Economics draws on alternative intelligence sources to look at the patterns of money, ownership and reductive thinking that we have inherited, and how we have the potential to create a new (old) foundation of equality – relational economies instead of transactional ones, and networks that are truly social. Just as Jack Manning Bancroft sets out to reimagine economics, Hoodie Economics rethinks the economics book, inviting all readers to find their own way through its narratives and to feel energised by its ideas. In increasingly anxious and tumultuous times, this book offers a mind-expanding economic philosophy that centres unlikely connections, knowledge sharing, custodianship and joy.
Jack Manning Bancroft is CEO and founder of AIME, the Australian Indigenous Mentoring Experience. He is a graduate of the University of Sydney and Stanford University, a published children’s author, former Young Australian of the year award winner and human rights medal winner. He is the youngest person in Australian history to receive an honorary doctorate, from the University of South Australia.
I’m glad I read this book as there were some interesting points that I will mull over, some I’ll embrace. The style is a bit “woo woo” in places which in my mind detracted from what is a solid core message. In places the writing felt a bit self indulgent, like there’s things, ironically, that the reader couldn’t possibly understand. Secret men’s business. Or women’s business? If I didn’t get it in places, maybe it didn’t make sense? That’s on the writer.
This book had a profound impact on me. Jack Manning Bancroft is the real deal. He has walked his path with true integrity, always challenging the status quo and seeking the very best from himself and the AIME community. He gives a map for the territory he has traversed, while leaving the reader with questions and creative inspiration for taking these ideas into their projects and communities.
I loved the creative, serpentine way he weaved the narrative. This book is not formulaic, and some readers may struggle in how he approaches storytelling. But if you enter the rhythm of his writing with an open heart and open mind, then it will inspire you in ways that other writers wouldn't be able to achieve.
There are so many important lessons in this book that could very genuinely reshape our economy and society. I hope it gets the traction it most sincerely deserves.
This is a cracker of a book, especially for those curious about how to thread new ways of thinking, doing and being into the world through organisations.
Jacks work is deeply steeped in complexity and systems thinking, he embraces multiple ways of knowing, all through the lens of indigenous knowledge systems from Australia. His book plays with emergence and non-linearity, and weaves it all into a coherent whole.
This delightful read will no doubt inform my ways of relating within the world as I continue to explore how to be of service to life as a whole through actively participating in systems innovation.
Hoodie Economics is a blueprint to help us navigate the great transition. We need to be looking to indigenous wisdom to help us address the great challenges ahead and build a better, more inclusive future for us all. I love the authenticity of the author, the inclusive vision, and the heart. This is the right book for this time. And, it's a great read!
The most amazing book. Jack cracked open my mind to a whole range of new conceptions of value and life. Can’t wait to weave many learnings from this book into my own life’s work.