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This podcast explores the movement for a new economy, from energy co-operatives in Spain to a small school redesigning the study of economics. It discusses the impact of the Other Economic Summit on alternative economics and challenges conventional economic thinking. The New Economy Coalition's strategies, such as cooperatives and community ownership, are explored. The cooperative Som Nergia revolutionizes the local energy model in Spain. The power of individuals to initiate change and tipping points in cultural and economic movements are discussed. The questioning of mainstream economics and the need for a better alternative to the current economic system are also explored.
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Quick takeaways
- The movement for a new economy seeks to challenge conventional economic thinking by prioritizing people and the planet over profit, promoting alternative economic models and advocating for a shift towards measuring well-being and happiness.
- The Other Economic Summit, held in 1984, marked a turning point in challenging traditional economics and provided a platform for discussing alternative economic models. It inspired organizations like the New Economics Foundation and Schumacher College to question mainstream economic theories and offer practical alternatives to the status quo.
Deep dives
Building a New Economy: The Movement for Change
The movement for a new economy aims to challenge conventional economic thinking and prioritize people and the planet over profit. Various initiatives and organizations are working towards this goal, promoting game-changing solutions based on connection, resilience, and prosperity for all. The movement advocates for alternative economic models, such as cooperatives, community and public ownership, and the solidarity economy. It challenges the assumptions of traditional economic thinking and calls for a shift towards measuring well-being and happiness, a shorter working week, decentralized banking, and sufficiency rather than unlimited growth. Despite resistance from existing power structures, the movement continues to grow and inspire people to create a more just and sustainable future.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode