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Pioneers in such efforts are sharing their practices on a new website. The Natural Capital Business Hub, launched Wednesday at the 2014 GreenBiz Forum, is a joint effort of The Nature Conservancy and the Corporate EcoForum. It showcases the natural capital efforts of some 40 companies - from Alcoa to Lockheed Martin to YES Bank - representing $1.4 trillion in revenues. Nonprofits involved include BSR, Trucost and World Wildlife Fund (WWF). "There's more going on in this field than people expect, and it's really boomed in the last couple of years," said Michelle Lapinski, senior advisor, Businesses Valuing Nature, at The Nature Conservancy. The hub's core tool is a database of case studies, which you can search by industry, geography, benefit, approach or ecosystem. Supporting articles introduce visitors to the basic concepts of valuing natural capital, with categories offering to help you "make the case, benchmark, implement and connect" your own efforts.

Memes are to culture what genes are to biology: the base unit of evolution. The term was originally coined by the evolutionary biologist Richard Dawkins in his 1976 book, The Selfish Gene. Dawkins writes, "I think that a new kind of replicator has recently emerged . . . It is still drifting clumsily about in its primeval soup, but already it is achieving evolutionary change at a rate which leaves the old gene panting far behind." He goes on, "Examples of memes are tunes, ideas, catch-phrases, clothes fashions, ways of making pots or of building arches. Just as genes propagate themselves in the gene pool by leaping from body to body via sperms or eggs, so memes propagate themselves in the meme pool by leaping from brain to brain, via a process which, in the broad sense, can be called imitation."3

An initiative of Peter Block and friends, Restore Commons aims to curate the ways of thinking and practice towards the common good. The move to the commons is well underway. We simply want to document it. Restore Commons is designed to be an online gathering place for stories and radical ideas strong enough to build the social capital and engaged community required to restore the common good. The website features a variety of content including stories, articles, videos and podcasts that highlight inverted and radical thinking that is essential to an alternative economy, a connected neighborhood, and ways of dealing with the end of the so-called consumerist middle class. This is what is required to restore compassion, civility and interdependence that is disturbingly fragile in today's world. The focus is on place-based, localized and grassroots initiatives that are alternatives to the tools of empire.

This is what Jane Jacobs taught us long ago in her book The Economy of Cities. This is what the Nobel Prize winning economist Robert Lucas meant when he formalized Jacob's argument into a theory of "human capital externalities" that stem from the dense clustering of people in cities as the basic mechanism of economic growth. Cities themselves power economic progress, driving artistic, technological, and overall economic growth at one and the same time.

Capitalists seem almost uninterested in capitalism, even as entrepreneurs eager to start companies find that they can't get financing. Businesses and investors sound like the Ancient Mariner, who complained of "Water, water everywhere - nor any drop to drink." It's a paradox, and at its nexus is what I'll call the Doctrine of New Finance, which is taught with increasingly religious zeal by economists, and at times even by business professors like me who have failed to challenge it. This doctrine embraces measures of profitability that guide capitalists away from investments that can create real economic growth.