In this latest piece on Newsroom, I argue that it is time we democratised economics and work towards designing an economy that works for people and the planet, not the other way around.
Imagine a day when you tune into the financial news and the announcer reports:
“Share markets have plummeted to historic lows overnight with more of the world’s mega-corporations losing investor confidence. Investors are flocking instead to promising social enterprises, citing pressure from grandchildren who would rather inherit a liveable planet than a private jet.
“In New Zealand, the Domestic Happiness Index (DHI) is continuing its strong upwards trajectory and our national contribution to the Planetary Overshoot Index (POI) is trending downwards. This mirrors global trends, and leading ecological economic commentators are bullish, predicting that we may still have a liveable planet in 2050.”
This scenario may not be as far-fetched as we first think. But for it to happen, we must be part of redesigning an economy fit for the 21st Century.
Continue reading on Newsroom.