Transitioning to a sustainable and just economic system is the ultimate challenge of the 21st century. As the work of E.F Schumacher argues, history will no doubt judge our generation by how well we acknowledge, embrace and take up this challenge, says John Fullerton.
Past pledges of more aid and fairer trade to fight poverty have amounted to very little for the world's poor. More of the same medicine is not the solution - a global shift in priorities is needed to redistribute essential resources to immediately secure basic human needs, argues Davinder Kaur.
The financial crisis puts to rest the myths that our economic institutions are sound and that markets work best when deregulated - providing an ideal opportunity to replace the present system with a new economy dedicated to serving life, writes David Korten.
The excesses of banks, big business and the super-rich have shattered our economic system. In the following extract from their new book, Larry Elliott and Dan Atkinson put forward their principles for a fairer and more cohesive society.
As the nation once again confronts an economic crisis, some are
turning to look back at Roosevelt's New Deal in the hope of finding a
solution to our country's current problems.
In late summer 2007, reports of ice melting were coming at a frenetic pace. Experts were ‘stunned’ when an area of Arctic sea ice almost twice the size of Britain disappeared in a single week,” writes Lester R. Brown in his new book, Plan B 3.0: Mobilizing to Save Civilization.
In light of the growing international consensus for economic reform, this article introduces economic sharing as a viable mechanism through which the international community can cooperate more effectively to end poverty and create a sustainable world.