As part of our work to amplify the important work in the Wellbeing Economy movement, these WEAll Weekly Update blogs will share some of the latest and greatest updates from our membership and beyond. Please use the comment box to share any relevant updates from this week and keep the conversation going!

Weekly Reads

Were Economists Prepared for the Pandemic?– Rethinking Economics

“Increasingly, it is economists that governments turn to when responding to  these crises, but do their economics courses do enough to prepare them for this vital  role?” 

Goliath and Goliath: Asset Management and Ownership in the UK Economy

“This briefing – which introduces Common Wealth’s programme of work on the future of the sector – explores the implications of this rise and concentration in assets and, by extension, economic power, setting out key questions for policymakers, particularly with respect to this industry’s growing role in our response to global challenges, from ensuring a strong and fair Covid-19 recovery to tackling the climate crisis.”

Pathways out of Capitalism: Building Forward, New and Radical

“Anti-capitalist organising must be rooted in a commitment to see the world for what it is but at the same time push forward with unrelenting hope that another world, a better one, is possible.”

Better Business Act

“We’re joining the coalition because we believe that now is the right time to raise the bar for British business across the board, it’s time for broader accountability to be a legal requirement for the many, not just a moral imperative for the few.” – Arlo Brady, Freuds

The Principles of Environmental Justice

Environmental Justice demands that public policy be based on mutual respect and justice for all peoples, free from any form of discrimination or bias.”

Community Currencies as Crisis Response: Results from a Randomized Control Trial in Kenya

“This paper presents the results of what may be the world’s first randomized control trial on community currencies. In 2020, Grassroots Economics’ Community Inclusion Currency (CIC) model was adopted by the Kenya Red Cross as a humanitarian response to the Covid-19 pandemic.”

The Wellbeing Transition – Eloi Laurent

“The purpose is to advance the understanding and undertaking of the well-being transition away from growth and toward resilience and sustainability, at a time when this progress has become a vital necessity”

Inclusive and sustainable economies: leaving no one behind (executive summary)

“There is a social gradient in health: the lower an individual’s socioeconomic position, as defined by their job, qualifications, income, wealth, and where they live, the worse their health. It has been estimated that, between 1 January 2003 and 31 December 2018, over a third of deaths in England were attributable to socioeconomic inequality. Such avoidable inequalities are unjust, and there is both a moral and economic argument for acting at scale to reduce health inequalities.”

Good Lives for All in Greater Manchester

Nothing we describe in this vision for the city-region is impractical or unachievable. Good things might be already happening somewhere, but they need to be happening everywhere.

The Green Central Banking Scorecard – Positive Money

“While some institutions have taken concrete action to assess environmental risks and incentivise green investments, all are shying away from policies that disincentivise or restrict financial flows to environmentally harmful activities.”

OECD: Beyond Growth

“At the core of the report is recognition of the sociality of human beings and their embeddedness in social instituions, an idea with profound implications for our understandings of both economic theory and policy.”

Careless Finance—Operational and economic fragility in adult social care

Adult social care across the OECD is in crisis. Covid-19 has exposed deep fragilities which have combined to place unprecedented strain on social care organisations. Principal amongst these is the process of marketisation and financialisation of the social care sector. In this paper, we take a critical perspective on this process

DAWN Informs on PPPs

Together they compose a panorama of the state of PPPs today, filled with analysis and critique, looking at effects and consequences to women’s lives and communities’ wellbeing, all in the name of so-called development.

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