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    Week 2

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    julien rousse
    The document discusses the need to change how economics is thought about and practiced in the 21st century. It argues that the 20th century focus on GDP growth has led to inequality and environmental damage. It advocates designing economic systems that regenerate resources rather than deplete them, and that distribute wealth equally throughout society. The document also stresses that economics will not save us from environmental problems and that we must create systems that make people thrive even if the economy does not grow, as long as it is distributive and cares for the planet.

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    Week 2

    Uploaded by

    julien rousse
    7 views1 page
    The document discusses the need to change how economics is thought about and practiced in the 21st century. It argues that the 20th century focus on GDP growth has led to inequality and environmental damage. It advocates designing economic systems that regenerate resources rather than deplete them, and that distribute wealth equally throughout society. The document also stresses that economics will not save us from environmental problems and that we must create systems that make people thrive even if the economy does not grow, as long as it is distributive and cares for the planet.

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    Week2

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    The document discusses the need to change how economics is thought about and practiced in the 21st century. It argues that the 20th century focus on GDP growth has led to inequality and environmental damage. It advocates designing economic systems that regenerate resources rather than deplete them, and that distribute wealth equally throughout society. The document also stresses that economics will not save us from environmental problems and that we must create systems that make people thrive even if the economy does not grow, as long as it is distributive and cares for the planet.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    7 views1 page

    Week 2

    Uploaded by

    julien rousse
    The document discusses the need to change how economics is thought about and practiced in the 21st century. It argues that the 20th century focus on GDP growth has led to inequality and environmental damage. It advocates designing economic systems that regenerate resources rather than deplete them, and that distribute wealth equally throughout society. The document also stresses that economics will not save us from environmental problems and that we must create systems that make people thrive even if the economy does not grow, as long as it is distributive and cares for the planet.

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    © All Rights Reserved
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    Week 2

    Videos on Doughnut economics: 7 ways to think like a 21st century economist


    In the 20th century, we were obsessed with GDP growth, but this has led us with inequality and climate
    urgency. In the 21st century, we must change, within the means of the planet, enter into the doughnut
    since we’ve already used too much useful resources. What we do in the next 50 years will shape the next
    10’000.
    We were told in the 80’s that trade was win-win, the market efficient and the government incompetent,
    that commons are tragic sell them off, that there was no society. But that led us to social and
    environmental catastrophes. We need to change in 2000’s.
    During centuries we were told that we must be like the “homo economicus”, the big rational man, with
    nature at his feet and insatiable wants, but we need to change because we cannot continue like this
    anymore. We need to stop thinking of economics as a science but more as a way to make our world
    better more equal. We need to design our system for the wealth to be equally distributed among the
    society, because the theory of “trickling” clearly doesn’t work. Economics won’t save us from
    environmental damage, we need to create a system who regenerates instead of degenerates.
    We need to be agnostic about growth, economies that make us thrive even if they don’t grow, that are
    distributive and cares about the planet.

    What is Corporate Social Responsibility?


    Prevent fraud, destroying environmental behaviours and other questionable acts. It is also about
    contributing to a good society with good business practices, today and tomorrow. How companies make
    profit, not how it spends it: it is not about charities. Create systemic change. Always about both individual
    and institutional structure. We want to describe how the world should be. It takes employees of integrity
    and good organisational structures! Politics and regulations play a part in the CSR as well. Soft laws, based
    on companies’ self-commitment.

    Introduction to Ethics: presentation


    See presentation on iPad and the cheat sheet.

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