Ideas for a grown-up economy – Katherine Trebeck

Vandaag het gesprek met Katherine Trebeck. Katherine is an advocate for economic change with roles including writer-in-residence at the University of Edinburgh and a Strategic Advisor for the Centre for Policy Development. She co-founded the Wellbeing Economy Alliance and WEAll Scotland, and instigated the Wellbeing Economy Governments partnership. She sits on advisory groups including for The Democracy Collaborative, the C40 think tank, and the Centre for Understanding Sustainable Prosperity. Her most recent book (with Jeremy Williams in 2019) is The Economics of Arrival and her major report Being Bold: Budgeting for Children’s Wellbeing was launched in March 2021. Enjoy the insights of Katherine. Let’s get started… In gesprek met Katherine Trebeck leerde ik: What happens when you bring compassion and the economy together?Translating the big ideas of well being to what governments practically need to do.A viable firm can pay it’s factors of production like land, labor, and cost of materialsThe government in the UK spends a lot of money topping up people’s wages because their employers are not paying them enough to live on.The diminishing marginal returns, we get saturated but in today's consumerism we seem to have forgotten these basics.The economics of arrival is about that you can have enough. Look upstream for structural causes of things.Poverty is about having choices, and some power, and autonomy over your circumstances.Mexico tags spending when it is associated with poverty reduction programs.The Irish government tracks the gender effects of taxes and welfare.Well-being is about quality of life, now and in the future.She hates the phrase “I want to give something back”, why did you take so much in the first place that you feel now the need to give something back.The difference between justice and charity.A quite supporter of the SDG’s because how companies use them and that no one is left behind.A important question is are some people too far ahead? If you are in top 10% by income you account for 49% of the CO2 emission.The people that are most impacted by the climate crisis and environmental breakdown are the ones who didn’t cause it.During her Oxfam work she got the chance to read a draft of Kate Raworth’s paper on the topic of the doughnut economy.More on the Scottish National Performance framework  https://nationalperformance.gov.scot/ If everything is setup for profit there will only be so much leeway at a for profit company. Jennifer Hinton - published her PhD on Profit imparity https://www.linkedin.com/in/jennifer-hinton-758a544/ https://www.researchgate.net/profile/Jennifer-Hinton-4 The question What for? What are we in business for?What sort of returns do we need? Maybe it is not financial returns.The economy is misaligned with delivering what people need. How do we realign the economy in service? Meer over Katherine Trebeck: https://katherinetrebeck.com/ https://www.linkedin.com/in/katherine-trebeck-1816711a/https://twitter.com/KTrebeckhttps://maatschapwij.nu/blogs/katherine-trebeck-welzijnseconomie/  VPRO Tegenlicht Ontgroeiers https://www.vpro.nl/programmas/tegenlicht/kijk/afleveringen/2021-2022/de-ontgroeiers.html Books:  The economics of arrival (2019)New Thinking for the British Economy (2018)Tackling Timorous Economics: How Scotland's Economy Could Work Better for Us All (2017)Being Bold: Building Budgets for Children’s Wellbeing - this is the report we talked about Video van het gesprek met Katherine Trebeck https://youtu.be/38ZiyJCjgOU Kijk hier https://youtu.be/38ZiyJCjgOU