Where would we be today without technology? And what would be do if the technology systems we have in place fail? What would happen if the internet went down? Pretty much every system we have today would crash. It would be a disaster of epic proportions. Zero access to money, travel, road systems, energy and most of our communications…
But technology when considered under the domain of integral accounting is not just things like iphones and servers and networks.
Technology includes the process that takes something from one state to another, that deploys artifacts and communities to create a result. To take random numbers on a sheet and organise them into something that has meaning is a technology. To deliver a 12 week training program to people around the world is a technology. It may also deploy artifacts of technology, like the internet, phone systems, web sites, VOIP, written and recorded material etc. But the actually sequence of events, the process through which people participate, is in itself a technology. Without people going through the experience it is nothing.
My writing a blog post has multiple technological components to it. First I am using artifacts like the computer, the web browser, wordpress software, plugins. I am also deploying my own process of writing, which is itself a technology. And often I might impart steps to take that would also be considered technology. My blog posts are unique in that I write with my own voice. This is a technology.
The process of a single bee gathering nectar and delivering pollen is technology. The complex system inside a bee hive is technology. Nature is alive with technological systems that we are only now beginning to discover and understand. When we lose them the devastation can be catastrophic.
ORIGIN early 17th cent.: from Greek tekhnologia ‘systematic treatment’, from tekhnē ‘art, craft’ + -logia (word, reason)
Often we forget to include the whole of technology into our valuation. The very unique contribution that people and nature makes around their own process is rarely accounted for.
Integral Accounting seeks to correct that.