How to Overcome the Triple Productivity Crisis? A Proposal to Realize Sustainable & Inclusive Growth
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.
The Reset of Capitalism (in Europe)
We need a ‘Great Reset’ or ‘Great Reallocation’ of capitalism in which European capital is being invested in European companies, and vice versa, European companies being financed with European capital; these investment decisions resulting from a dialogue between the European wealthy and European entrepreneurs; and this process being maximally supported and promoted by national and European laws and regulations. This idea was not born from gloomy nationalism or anti-globalism, but from the conviction that a better balance is needed between global and local, between place of production and place of consumption, between mobile wealth and immobile labor, between large-scale politics and small communities, between freedom and responsibility, between short- and long-term. A viewpoint for the Future Markets Consultation submitted by Dutch think tank Socires.
Perspectives and Elections – Towards a Future-Proof and Valuable Society
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.
Transparency in the Value Chain Is a Must for Every Company!
Transparency in the chain, for some companies this is their mission, but for many companies it is a complicated matter. While in developing countries, where many raw materials and/or products come from, there is a high risk of human rights violations. Understanding the chain is an important step towards transparency. To achieve this, legislation is necessary, argue Jacob van der Duijn Schouten and Jacoline de Kruijf. A viewpoint submitted to the Future Market Consultation by Dutch NGO Woord & Daad.
A Market for Values to Renew Economics, Politics, Society
In this viewpoint for the Future Markets Consultation, submitted by Italian civil servant Marco Senatore, a proposal is made to create a non-monetary market for moral, organisational and cultural values, that would contribute to a deep renewal of economics and foster a deeper sense of community.
Cooperative Finance for a Faster Transition to Sustainability
This viewpoint is a call to let a parallel economy come into existence that empowers people and connects companies with a commitment sustainability (including social sustainability). An economy where money is only a means, not an end in itself. A parallel economy that is provided with the necessary financial resources through cooperative finance, with the aim of a powerful acceleration of the sustainable transition. A viewpoint submitted to the Future Markets Consultation by Dutch NGO United Economy.
Work: Democratize, Decommodify, Remediate
“Left to their own devices, most capital investors will not care for the dignity of labor investors; nor will they lead the fight against environmental catastrophe. Another option is available. Democratize firms; decommodify work; stop treating human beings as resources so that we can focus together on sustaining life on this planet”, says a recent manifesto that has meanwhile been signed by more than 3.000 scholars / scientists and that was now also submitted as a viewpoint for the Future Markets Consultation.
Think Companies Can Save the World? Think Again!
Environmental concerns were dominating many conversations at the business meetings Davos in 2019, but with climate-sceptic leaders ruling some of the world’s biggest economies, should we rely on companies to make the world a better place? Marieke Blom, chief economist of the Dutch bank ING, thinks not. A viewpoint submitted to the Future Markets Consultation.
A New Division between Public and Private for a Sustainable Financial System
The financial crisis of 2008, when Lehman Brothers went bankrupt, caused all kinds of financial and economic problems in the United States and Europe. Things became stable after a while, but prices of houses and stocks have been breaking new records. Is the financial crisis something of the past or a problem which is going to repeat itself? And if so, how can we prevent this from happening? A viewpoint submitted to the Future Markets Consultation by the Sustainable Finance Lab.
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Selection of submitters
Organisations
Individuals
- Marieke Blom (the Netherlands, chief economist at ING Bank)
- Marco Senatore (Italy, civil servant)