A recent study has shown that our brains respond more
positively when a poor person receives a financial reward than when a rich
person does. Does this mean that humans have a natural aversion to inequality
and a desire to share? By Sam Pizzigati.
The spread of consumer culture over the last fifty years has
led to a convergence of environmental and social problems around the world.
Thankfully, the transformation to a more sustainable way of living is not only
possible, but has already begun, says a report by the Worldwatch Institute.
Instead of a monoculture of mega-banks deemed too big to
fail, the financial system should form a highly diverse ‘ecology’ of
institutions that are adapted to the complexity and long-term goals of
the economy, says a report by the New Economics Foundation.
Despite a historic financial collapse, politicians are adopting a ‘business-as-usual' approach to managing the economy. What is urgently needed instead is a radical, step by step transition to a green economy that delivers healthy and equitable lives, outlines a report by the New Economics Foundation.
While
policymakers struggle with what a structural overhaul of the current economic
system might look like, a number of citizen-led projects around the world already
point the way toward more just, ‘non-market’ alternatives, says a report by
Other Worlds.
The belief that the primary purpose of companies is to maximise profits
for shareholders has been called into question by the economic crisis. Mutual and employee-owned models of business offer an
alternative vision where democratic companies drive a happier and more
sustainable economy, says a report by Demos.
As the
global and multidimensional character of environmental problems becomes clear, governments should cooperate to prevent the ‘tragedy of the
commons’. This requires taking an holistic approach to sharing natural
resources, says a report by the International Union for Conservation of Nature.