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Media type:
E-Article
Title:
Reframing and Transforming Economics around Life
Contributor:
Waddock, Sandra
imprint:
MDPI AG, 2020
Published in:Sustainability
Language:
English
DOI:
10.3390/su12187553
ISSN:
2071-1050
Origination:
Footnote:
Description:
<jats:p>This article offers a framework for economics that affirms life to replace the flawed yet dominant paradigm of neoliberal economics. Building an argument for a new set of core memes—core ideas that are the building blocks of stories and narratives (like neoliberalism)—this article presents a proposed set of economics memes that support life drawn from a wide range of sources. The framework’s six memes are: stewardship of the whole; co-creating collective value; governance through cosmopolitan-localism; regeneration, reciprocity, and circularity; relationship and connectedness; and equitable markets and trade, all of which are consistent in supporting other recent economics framings like ‘doughnut economics’.</jats:p>