As part of our work to amplify the important work in the Wellbeing Economy movement, these WEAll Weekly Update blogs will share some of the latest and greatest updates from our membership and beyond. Please use the comment box to share any relevant updates from this week and keep the conversation going!
Shall we continue to follow past wealth creation and place faith in inventiveness based on markets and monetary valuations? Or shall we take a broader perspective that acknowledges the enormous costs of wealth production and values life beyond the marketplace?
Economic growth is no longer a sustainable solution to these problems. It is therefore imperative that we consider how welfare systems will cope with these challenges in the absence of economic growth. We review the literature tackling this complex problem
Fifty years ago the Econ used to say “Modl-ing is everything”. Now they say “Modl-ing is the only thing”. The math priesthood has been joined by a priesthood of economagicians. The fundamental social divide between Micro and Macro sub-tribes persists, but it has been diluted by a new doctrine of micro foundations. The Econ remain a fractious and argumentative tribe.
From Bury to Barcelona, modern football is increasingly marked by inequality, debt, and a growing detachment from the communities that sustain the clubs. But it doesn’t have to be this way; democratic forms of ownership and governance, coupled with clubs employing intentional, place-based anchor approaches, can help bring the people’s game back home to fans and communities.
As the concept of “narrative” has grown in prominence within the advocacy space, more stakeholders are recognizing the centrality of storytelling to systemic change. But how do we define narrative and the elements that contribute to a successful narrative change strategy? Is change inevitable or the product of coordinated efforts that are possible to replicate?
The report illustrates how a focus on sustainable and inclusive business models can help the EU advance on its various objectives; whether creating decent work opportunities, empowering women, reaching out to more marginalised people or contributing to the ecological transition.
“The report identifies the root causes of interconnected climate, social and health injustice, and outlines the case for five key policy demands: decarbonising the UK economy; creating green jobs for all; combating air pollution to ensure healthy air; providing quality homes for all; and delivering food and land justice.”
“This briefing – which introduces Common Wealth’s programme of work on the future of the sector – explores the implications of this rise and concentration in assets and, by extension, economic power, setting out key questions for policymakers, particularly with respect to this industry’s growing role in our response to global challenges, from ensuring a strong and fair Covid-19 recovery to tackling the climate crisis.”
“We’re joining the coalition because we believe that now is the right time to raise the bar for British business across the board, it’s time for broader accountability to be a legal requirement for the many, not just a moral imperative for the few.” – Arlo Brady, Freuds
“This paper presents the results of what may be the world’s first randomized control trial on community currencies. In 2020, Grassroots Economics’ Community Inclusion Currency (CIC) model was adopted by the Kenya Red Cross as a humanitarian response to the Covid-19 pandemic.”