It’s time to write a new economic story fit for this century – one that sees the economy’s dependence upon society and the living world, writes Kate Raworth for openDemocracy’s Transformation.
Take a closer look behind the flowery language, and it reveals that corporate influence on the G20 discourse entails considerable risks and side-effects. It's time to the imbalances in G20 policies, and the double standards in its openness towards business and civil society - for which substantial reforms are necessary. A new report by Jens Marten for Heinrich Böll Stiftung and Global Policy Forum.
We now need transformative policies able to open a new horizon, without poverty, with less inequality, without destroying our natural environment. Our new situation requires an urgent reflection on power relations and concrete alternatives, central to which is the reconceptualisation of social protection in terms of commons.
Today, a new value regime is being born, one that is not based on surplus value created in the market through capital and labour, but through contributions that are recognized as such by ‘sovereign value communities’. The question is: how can we, ourselves, create and control the surplus value that we create through our work, and reinvest it in autonomous peer production communities?
Despite billions spent in official aid to fight poverty, the number of poor people in the world is not diminishing. And Latin America remains the most unequal region in the world, writes Carlos March for openDemocracy.