There are winners and loser in the economy every day, and there are winners and losers from the massive technological shifts that are going on right now. All the time, the economy is evolving. We just need to ask ourselves, what is the purpose of the economy and what direction do we want it to evolve in?
I think there are two principles that we need to put at the heart of the 21st century economy that actually has a chance of meeting the needs of all within the means of the planet. The first is to create an economy that’s distributive by design. By that I mean an economy in which value that’s created, and the benefits of that value are shared far more equitably with everyone who helped to create it. […] But they also need to be regenerative by design. By which I mean we need to think about our relationship to the living world on which we depend. We need to create industries that use resources again and again rather than using them up.
Click to Add the First »