Thinking beyond Traditional Economics Perspectives to address Inequality

While in the United States and Europe, guaranteeing minimum incomes is still taboo, such incomes were initiated as “Oportunidades” in Mexico and “Bolsa Familia” in Brazil. These direct or conditional cash payments (CCTs) brought millions out of poverty. Entrepreneurs Paul Polak and Mal Warwick recount many successes in addressing poverty worldwide in their The Business Solution to Poverty, while Amy Cortese cites the rebirth of local business models in Locavesting. A longer historical view by Princeton economist Angus Deaton in “The Great Escape” finds the origins of inequality in the technological revolution as private innovation races ahead of social innovation and economic elites capture political power. The new paradigms in human development are at last emerging into politics and those 1960s visions of abundant post-industrial societies are alive. The move beyond ideologically imposed scarcity regimes and fossil-fueled early industrialism cannot be suppressed much longer, even though establishment economists will certainly try. The Solar Age (see video) is now visible in the advance of green, knowledge-rich economies based on harvesting the free daily photons from the sun, as we track in our Green Transition Scoreboard and daily updates at our “Ethical Markets” website. Our research shows that current $1 trillion annual private investments between now and 2020 will have scaled. As a result, the world will have entered the Solar Age.

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About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
This entry was posted in Innequality, Sustainable development and tagged , . Bookmark the permalink.

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