The idea of building ‘an economy that works for all’ has an almost universal appeal. Its roots can be traced to a call made fifty years ago by Senator Robert F Kennedy to address the ‘poverty of satisfaction, dignity and purpose that afflicts us all’. But what does it mean in practice for an advanced economy today, ten years after the financial crisis, faced with imminent climate change, persistent inequality, and continuing economic fragilities? Our fourth Nature of Prosperity dialogue w Kerry Kennedy, Clive Lewis, Miatta Fahnbulleh, Michael Jacobs and Rowan Williams addressed this challenge—Watch the full recording.
This series of videos explains what is wrong with the United States’ winner-take-all voting system. They examine ‘the Spoiler effect” endemic in a two-party system, gerrymandering, and other problems stemming from limited voting systems. They also outline several voting alternatives that lead to fairer, more representative results.
Participatory Budgeting is a process that directs a portion of a city’s (or other organization’s) budget to be spent on a project (or projects) developed and selected by the community. In New York City, in 2018, more than $40 million is being allocated in this way; a mere 0.05% of the city’s overall budget, but, as you will see in this film, an extremely important amount to the residents of one community.
This short video was shown on PBS’ program POV. It follows the residents of the Sunset Park neighborhood in Brooklyn as they bring Participatory Budgeting to their community. An inspiring story!
Take a look at the Kate Raworth video post to learn more about
a model that includes the living Earth, our “natural resource” in the economic equation.
Startling and innovative
Kate proposes a radial approach to implementing a regenerative, distributive economic alternative to the endless growth paradigm of Capitalism. How do we create a “steady state”, resilient economy that provides for the needs of all people while honoring the living environment?
Here’s Kate Raworth’s ideas….
There is much creative thinking and doing in the development of alternatives to the current economic model of predatory Capitalism. The notions of growth and development without limits has come face-to-face with reality….THERE ARE LIMITS.
Many new and exciting experiments are in progress around the world, using bleeding-edge technology, to IMPLEMENT THE ALTERNATIVE to economics as usual. Worker-owned and democratically-led cooperatives, global villages, crypto-currencies, Blockchain technology all are being employed to revamp how we think about money, how we organize work, and what we value. Truly, we are seeing a real revolution in the making.