Moral Markets?

Towards an Economy of Human Flourishing

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Moral Markets?

Towards an Economy of Human Flourishing

Articles & Blogs on Climate Change / Sustainability

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How to Overcome the Triple Productivity Crisis? A Proposal to Realize Sustainable & Inclusive Growth

How to Overcome the Triple Productivity Crisis? A Proposal to Realize Sustainable & Inclusive Growth

by Armando Garcia SchmidtMarcus Wortmann | May 21, 2021 | , , , ,

Our current economic growth is neither inclusive nor is it sustainable. One of the key drivers for this development is what we call the triple productivity crisis. If we want to get on an inclusive and sustainable growth path, we need to address the three main drivers of this crisis and rethink our approach to productivity and growth strategies. A viewpoint submitted to the Future Markets Consultation by the Bertelsmann Stiftung, a German think tank.

Rethinking Our Rights to Resources

Rethinking Our Rights to Resources

by Pim Post | Apr 12, 2021 | ,

If you find a seashell on the beach, it means that you may keep it. This is a thought that many may find natural. For the same reason we may not object to a company that uses machines to collect a lot of seashells at once, especially because the company invested in buying the machines and the labor required to operate the machines. But what if the company prevents others from collecting seashells? Should not everyone have the same right to collect seashells? Assuming such equal rights to resources has significant implications for how the current economy is organized and I argue that rethinking this organization may help to address both the challenge of wealth inequality and several ecological challenges.

Nominated essay in the category young scholars of the Future Markets Consultation essay contest

Laissez-Concurrencer!

Laissez-Concurrencer!

by Malte Hendrickx | Apr 12, 2021 | , , ,

The 21st century presents challenges that the European market economy seems unable to resolve, sowing dissatisfaction and opening the door for populists and authoritarian forces. To address these challenges, we must change our conception of the market economy and its relation to the state. Free markets will not miraculously solve or even address pressing issues. Instead of free markets, we must ensure competitive markets; instead of a value-free economy, we must embrace a normative economy that explicitly directs competitive markets towards the issues most pressing to European citizens.

Nominated essay in the category young scholars of the Future Markets Consultation essay contest

Moving Forward and Finding Balance in a Dynamic System

Moving Forward and Finding Balance in a Dynamic System

by Michiel van Veluwen | Apr 12, 2021 | , ,

We must place current developments in perspective. Rightly pointed out by some, climate change is the much bigger wave that lies behind Covid and that approaches faster than many care to admit. The parallels between dangerous climate change and the above-described flaws in our financial and economic system are plain. In fact, climate change and a flawed economic system might not even be two separate problems.

Nominated essay in the category master students of the Future Markets Consultation essay contest

Circular Economy in Degrowth for Environmental Sustainability

Circular Economy in Degrowth for Environmental Sustainability

by Luka Blankevoort | Apr 12, 2021 | ,

During the span of my life, the world has seen growth in wealth, health, and innovation like never before. At the same time, the world has become aware that human actions are affecting climate change, environmental pollution, biodiversity loss and more, with potential catastrophic consequences. In quest for solutions, Future Markets Consultation initiated the essay question: How can the freedom and innovation that free markets provide be squared with environmental sustainability and social justice?

Nominated essay in the category master students of the Future Markets Consultation essay contest

The Challenge for a Future Economy that Promotes Human Flourishing Is Broadening What Economists Value

The Challenge for a Future Economy that Promotes Human Flourishing Is Broadening What Economists Value

by Martijn de Vries | Apr 12, 2021 | , ,

The neglect of economics’ inseparable philosophical and political foundation is problematic in itself already for a plentitude of reasons. To make matters worse, the evaluative framework that underpins mainstream economic thinking only allows for a particularly narrow class of considerations to enter the discussion of what constitutes the conditions for human flourishing. In this essay, I will address the limitations of this welfarist evaluative framework by building on the pioneering work of Amartya Sen.

Nominated essay in the category master students of the Future Markets Consultation essay contest

Towards the Wellbeing Economy: Implications for Public, Environmental and Financial Policy

Towards the Wellbeing Economy: Implications for Public, Environmental and Financial Policy

by Sam de MuijnckElisa Terragno BogliacciniJim Surie | Apr 12, 2021 | , , , ,

There is a growing recognition that our economy has to be fundamentally. In the new paradigm that is starting to emerge, the well-being of people and the planet is put at the center of the economy and society is organized more democratically. In this way, it concerns both a shift ideas and in power. Besides exploring what this paradigm shift entails for the economy in general, our report takes a closer look at the following three fields: (1) the public sector, (2) environmental policy and (3) the financial sector.

Perspectives and Elections – Towards a Future-Proof and Valuable Society

Perspectives and Elections – Towards a Future-Proof and Valuable Society

by Katinka AbbenbroekAnnemieke Nijhof | Jan 13, 2021 | , , ,

With its recently published manifesto, Springtij wants to give a significant push to the shift towards a future-proof Netherlands. It is a political manifesto that is meant to be apolitical; Springtij points to ideas “that transcend party political positions. Ideas and solutions that do not divide society but strengthen it.” The Springtij manifesto is built around four ‘environments’: living & working environment, agricultural & natural environment, industrial environment, and great waters & sea. The changes described in the manifesto require a number of economic and social changes. A viewpoint submitted to the Future Market Consultation.

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