How do we redesign a new economic theory framed by ecological systems? Economics as we know it today is broken.
Unable to explain, to predict or to protect, it is need of root-and-branch replacement. Or, to borrow from Alan Greenspan, it is fundamentally "flawed". But where do we look for inspiration in facilitating what is the mother of all paradigm shifts? Interestingly, the most insightful and strikingly innovative ideas are coming from all directions other than the economics profession. Ecology offers the insight that the economy is best understood as a complex adaptive system, more a garden to be lovingly observed and tended than a machine to be regulated by mathematically calculable formulae. From anthropology we learn that economy and society are inseparable and that markets and money are relatively recent arrivals, a thin veneer layered onto a much older history of co-operation, gift and reciprocity.
Finding a sustainable model of economic growth fit for the future. Riots, storms, oil spills, rising divorce rates.
Most of us would say that these do not make our lives better. But, perversely, they might lead to higher economic growth measured in terms of GDP; people are employed in cleanup operations and rebuilding and lawyers to pick up the pieces. We tend to measure success through economic growth, primarily because it brings new jobs. And jobs are, of course, desperately need at a time when youth unemployment in the UK is at one million and nearly 60% of young people in Greece are out of work. Jobs can create a virtuous circle of buying power, demand for goods, further jobs, more tax revenues, higher welfare payments and higher standards of living for all. But economic growth – and even employment – is an incomplete indicator of wellbeing. But the model of economic growth we have seen in the past is not fit for the future.
Business models built on outdated assumptions Traditional economics tells us that the market will sort us out. Belief Box : building a sacred brand. Death To Core Competency: Lessons From Nike, Apple, Netflix. Known for decades as a shoe company, Nike is undergoing a digital revolution.
In recent years, it's launched everything from apps that are standard issue on the iPhone to wearable devices to web services. But why? Conscious Capitalism: Can Empathy Change The World? In the late 19th century, a concept called the Progressive Movement crept through the vineworks of American business thinking.
When is growth damaging? Why Environmentalists Are More Committed to Business Than Most Businessmen. Rachel Botsman: Purpose with Profits. Can happiness be a good business strategy? How happy are you at work?
Maybe you're reading this at work right now? Which could indicate that you work in a friendly workplace culture where you're empowered to do as you see fit and read whatever you want online. Or it could mean that you're bored out of your brain, whiling away the hours until the clock clunks to home time. The former suggests that you're a happy and productive worker; the latter, quite the opposite. And this link between happiness and productivity at work is becoming increasingly understood. Barry Schwartz over de paradox van keuzes. The single bottom line of sustainability. Part of Nature cartoon by Stuart McMillen - Recombinant Records. This cartoon is heavily influenced by the books Natural Capitalism - Paul Hawken, Amory Lovins and Hunter Lovins (1999) and Mid-Course Correction - Ray Anderson (1998).
It is also in the same vein as the flash animation "The Story of Stuff" by Annie Leonard, which I watched when I was about 90% of the way through the drawing process. Back to post / website. View/add comments for this article.Part of Nature by Stuart McMillen. September 2009. The not-for-profit behaviour change company. Measuring what matters: the Happy Planet Index 2012. June 14, 2012 // By: Nic Marks.
Users.skynet.be/de.wrikker/LV_docs/lietaer_hetgeldvandetoekomst.pdf. De crisis van het kapitalisme: een andere economie is noodzakelijk én mogelijk. In een lezing op 28 april 2011, tijdens een conferentie te Rome, georganiseerd door de ‘Rosa Luxemburg Stichting Brussel’* schetst Marc Vandepitte de contouren van een ander economisch model.
Blue Economy: Economic Paradigm for a Sustainable Future. Today we are leading a life which our planet can only sustain for a limited amount of time.
Today we are leading a life which our planet can only sustain for a limited amount of time. Yet more than half of the people living on our planet cannot even fulfil their basic needs and must have a right to growth. Our society's future and economy's sustainability are only conceivable if we learn to create more livelihood for an increasing number of people using less natural resources.
For twenty years now, realisation is growing that the greatest physical threat to ecological subsistence is the huge and unnecessary waste of natural resources. Insatiable. Long-lasting systems can't survive if they remain insatiable.
An insatiable thirst for food, power, energy, reassurance, clicks, funding or other raw material will eventually lead to failure. That's because there's never enough to satisfy someone or something that's insatiable.