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Indigenomics: Taking a Seat at the Economic Table

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Igniting the $100 billion Indigenous economy

It is time. It is time to increase the visibility, role, and responsibility of the emerging modern Indigenous economy and the people involved. This is the foundation for economic reconciliation. This is Indigenomics.

Indigenomics lays out the tenets of the emerging Indigenous economy, built around relationships, multigenerational stewardship of resources, and care for all. Highlights include:

  • The ongoing power shift and rise of the modern Indigenous economy
  • Voices of leading Indigenous business leaders
  • The unfolding story in the law courts that is testing Canada's relationship with Indigenous peoples
  • Exposure of the false media narrative of Indigenous dependency
  • A new narrative, rooted in the reality on the ground, that Indigenous peoples are economic powerhouses
  • On the ground examples of the emerging Indigenous economy.

Indigenomics calls for a new model of development, one that advances Indigenous self-determination, collective well-being, and reconciliation. This is vital reading for business leaders and entrepreneurs, Indigenous organizations and nations, governments and policymakers, and economists.

AWARDS

  • WINNER | 2022 First Nations Community Reads Awards
  • SILVER | 2022 Nautilus Book Awards - World Cultures' Transformational Growth & Development
  • SHORTLISTED | 2021 Donner Prize

ISBN-13: 9780865719408

Media Type: Paperback

Publisher: New Society Publishers

Publication Date: 03-16-2021

Pages: 272

Product Dimensions: 6.00(w) x 8.90(h) x 0.70(d)

Carol Anne Hilton, MBA, is founder of the Indigenomics Institute, which is focused on the economic empowerment of Indigenous peoples to design their own futures and fully realize the potential of the emerging Indigenous economy. She is a Hesquiaht woman of Nuu chah nulth descent from the west coast of Vancouver Island and is from the house of Mam'aayutch, a chief's house, a name which means “on the edge.” Hilton is the first generation out of Canadian residential schools, fifth generation since the existence of the Indian Act, and comes from over 10,000 years of the potlatch tradition of giving and demonstration of wealth and relationship. She is deeply connected to focusing on building a collective reality that centers Indigenous peoples in social and cultural well-being and economic empowerment today and is leading the evolution of Canada's $100 billion Indigenous economy. An advisor to governments, business, and First Nations, she lives in Victoria, BC. indigenomicsinstitute.com

What People are Saying About This

From the Publisher

"Indigenomics is the anti-thesis of Adam Smith's 1776 The Wealth of Nations, which has been the dominant economic theology of free-market capitalism and the codex of colonization. Carol Anne Hilton has authored one of the most important books of our economic era providing a new yet ancient Indigenous framework for building economies of well-being. Indigenomics represents a pragmatic framework for decision making, policy development, monetary policy, and budgeting that places collective economic well-being, relationships, and Indigenous laws at the heart of wise governance. Indigenomics reflects how Canada (Kanata), meaning "sacred or pure land," was intended to be prior to colonization. Like The Wealth of Nations, I feel that Hilton's work will shape global economics for many generations."
— Mark Anielski, economist and author, The Economics of Happiness: Building Genuine Wealth and An Economy of Well-Being: Common-sense Tools for Building Genuine Wealth and Happiness

"This book is well overdue. Hilton is a visionary who situates how and why Indigenous worldviews are important to enhancing the modern economy. Indigenomics provides an anti-colonial lens to reframe narratives about Indigenous entrepreneurship, business leadership, health, and well-being."
— Dr. Jacqueline Quinless, Adjunct Professor of Sociology, University of Victoria

"Indigenomics is the concept the world has been waiting for. As the failure of old fashioned linear economic models becomes increasingly evident, Carol Anne Hilton showcases regenerative models based on Indigenous wisdom, both social and spiritual — the "economy of consciousness" — that represent pathways of possibility that are essential if humanity is to survive."
— Amanda Ellis, Director, Global Partnerships, Julie Ann Wrigley Global Futures Laboratory, Arizona State University

"A deep bow for Carol Anne Hilton and all the other Indigenous angels of our time! What an inspiring source of wisdom for how to be in the world in the fullness of our humanity. What a powerful guide to building an inclusive economy and serving a new balance between the souls of all living creatures, economics, and nature."
— Ivo Valkenburg, co-founder New Financial Activators

"Carol Anne Hilton's writing tells an intergenerational narrative, from an Indigenous economy, to the rise of Wiindigo Economics, and to the resurgence of Indigenous. Her analysis illustrating the foundational differences between Industrial and Indigenous economics is insightful and clear, allowing a reader to contemplate what are more than surface differences. Hilton's work reaffirms the significance of relationship economics, AKA to be just and fair to all the relatives, and the centrality of Indigenous thinking to the next economy, the one we must restore and create — the green path — as opposed to the scorched path. Her words clearly illustrate that Indigenomics is the path for the future. As we move through the portal of this time, knowing that pandemics change our world, let's walk through to a path of restorative economics, founded on land, spirit, and the reality of Mother Earth's wealth, which is our responsibility to acknowledge and respect. Her book is essential core material for the next class of economists. The time of Keynesian economic analysis has passed, along with the empire. The time of cooperation is here."
— Winona LaDuke, executive director, Honor the Earth

"Immense gratitude for Indigenomics. With our world in crisis, Carol Anne Hilton shows us how to view economic and social values through an Indigenous lens. For thousands of years First Nations people have held the knowledge of the ancestors and the great laws of nature, which govern all life. With this deep understanding and masterful rigor, Carol Anne takes us step by step across a bridge to the future, where economics, productivity, and prosperity are guided by the innate and universal values of our humanity, which is one with all creation."
— Tracey Anne Cooper, creator and producer, Beyond Crisis Webinar Series

"In the tradition of an "economic philosopher" Ms. Hilton has read the times in which we live in and is reframing the dialogue on nation building with Indigenous Peoples' place at the economic table — advancing Indigenous worldviews, human values, and relationships as new constructs for change. Now it is our collective responsibility to advance meaningful employment and economic inclusion strategies, and outcomes."
— Kelly J Lendsay, President and CEO, Indigenous Works

Table of Contents

Acknowledgments
Foreword

Introduction
The Indigenomics Manifestation

1. Through the Lens of Worldview
The Indian Problem
Indigenous Economic Displacement and Marginalization
Indigenous Worldview and Responsibility

2. The Nature of Wealth
Timeline of Money
Ceremony as an Expression of Wealth
The Economic Distortion: Through the Lens of Wealth and Poverty

3. The Landscape of Indigenous Worldview
Principle 1: Everything Is Connected
Principle 2: Story
Principle 3: Animate Life Force
Principle 4: Transformation
Principle 5: The Teachings
Principle 6: Creation Story
Principle 7: Protocol
Principle 8: To Witness
Principle 9: To Make Visible
Principle 10: Renewal

4. "But I Was Never Taught This in School"
A History of the Development of British Columbia

5. The Indigenous Economy
Characteristics of an Indigenous Economy

6. Indian Act Economics
The Indian Act and the Aboriginal Question
The Indian Act Economics Effect: The Conditions for an Indigenous Economic Market Failure
Perception of the Indian Act

7. The Indigenomics Power Center
The Indigenomics Push/Pull Dynamic
7 Rs of the Indigenomics Power Center

8. The Dependancy Illusion
The Great Debunk: Addressing the Illusion

9. The Power Play
And Then Indigenous People Went to Court!
The Legal Spectrum
The Push/Pull Dynamic: An Inception into a New Economic Reality

10. The Power Shift: A Seat at the Economic Table
The Effect of the Emerging Indigenous Power Shift
The Risk of Doing Nothing
The Collective Response to Now

11. The Emerging Modern Indigenous Economy
Setting a Target for Indigenous Economic Growth
Understanding the Growth of the Indigenous Economy
The State of Indigenous Economic Research
Building a Collective Economic Response: The Emerging $100 Billion Indigenous Economy

12. Indigenomics and the Unfolding Media Narrative
Indigenous Business Media Themes
Media Theme 1: Growing Indigenous Business Success
Media Theme 2: Conflict and Risk in Industry Project Development
Media Theme 3: Tone of Media Headings
Media Theme 4: Aboriginal Legal Challenges and New Requirements
Media Theme 5: Indigenous Business Innovation and Leadership
Media Theme 6: Indigenous Worldview
Media Theme 7: Aboriginal Relations/Reconciliation
Media Theme 8: Growing Indigenous Economic Influence
Media Theme 9: Shifting Aboriginal Business Environment
Media Theme 10: Indigenous Ownership
Media Visual Portrayals of Conflict and the Assertion of Aboriginal Rights

13. Building a Toolbox for Economic Reconciliation
Reconciliation and the Pathway to an Inclusive Economy
The Characteristics of an Inclusive Economy
The Indigenomics Toolbox

14. The Global Indigenous Power Shift
Ecuador: The Power Moment
Bolivia: The Law of the Rights of Mother Earth Power Moment
Clayoquot Sound: The War in the Woods Power Moment
New Zealand: The Rights of a River Power Moment
Māori Economy Measured at $50 billion Annually: Power Moment
United Nations Calls for Revolutionary Thinking: Power Moment

15. Indigenomics and the Great Convergence
Economic Distortion: Addressing Dysfunctionality in the New Economy
Regeneration: The Great Convergence
Economic Design for an Inclusive Economy
The Great Economic Convergence and the Transformation of Meaning
An Economy of Meaning
Addressing the Economic Disconnect

16. A Seat at the Economic Table

Appendix A: The Universal Declaration of the Rights of Mother Earth
Appendix B: Truth and Reconcilation Commision Call to Action #92

Notes
Index
About the Author
About New Society Publishers