It’s becoming increasingly clear that our existing economic order is no longer working. It promotes the needs of capital above those of people. It relies on an outdated notion of unlimited and unfettered growth. And it fails singularly to address the deep-seated social and environmental challenges that we face as a society. Thankfully, there are creative and enthusiastic people working tirelessly to create a more democratic and sustainable economy. And a new project from the New Economics Foundation helps us to find them. Continue reading
I’m not an economist. But I do know that economics doesn’t seem to be working as it should. We seem to spend far too much time talking about profits and growth, and not nearly enough talking about people and our planet.
The economic models of the past have failed to predict, to prevent or to respond to the financial crises that have shaken our society. And yet they are still taught in classrooms and lecture theatres across the world.
We need a new way of thinking about economics. And we need it now. Continue reading