Economy for the Common Good: A Theory of Change That Works
Christian Felber
Author and Essayist
顿补迟别:听September 21, 2016
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This event is co-sponsored by the听Theology Department,听the听Carroll School of Management,听and the听Managing for Social Impact interdisciplinary minor.
Abstract
The Economy for the Common Good (ECG) is not just an idea, but a rapidly growing international movement. ECG is a practical, detailed blueprint for a new way of doing business. ECG is a people-centered approach that could sweep away austerity, support human (and humane) development, repair our damaged environment, and utterly reorient our relationship to work, money, and the purpose of both. Its vision is just short of breathtaking, but it remains grounded in reality, as evidenced by the fact that more than 1,700 companies around the world have already endorsed its principles.
Speaker Bio
Christian Felber听is an internationally renowned speaker, lecturer at the Vienna University of Economics and Business, and a contemporary dancer. Christian has authored several bestsellers:听50 Suggestions for a Fairer World;听New Values for the Economy;听Let鈥檚 Save the Euro!;听Change Everything: Creating an Economy for the Common Good; and听Money: The New Rules of the Game, which was awarded the getAbstract International Book Award 2014. He is the initiator of the "Economy for the Common Good," and the project "Bank for the Common Good." Felber studied Spanish, psychology, sociology, and political sciences in Madrid and Vienna. He lives and works in Vienna as an independent writer.
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Event Photos
Renowned essayist and activist, Christian Felber, spoke about his 'Common Good Economy' (CGE) theory at a Boisi Center evening lecture on September 21, 2016.
Photos by MTS Photography
Event Recap
On September 21 the Boisi Center, the Theology Department, the Carroll School of Management, and the Managing for Social Impact interdisciplinary minor, hosted Christian Felber, an internationally acclaimed speaker and lecturer at听the Vienna University of Economics and Business, who spoke about the Economy for the Common Good Movement (ECG). ECG is a social movement that advocates for an alternative economic model, one that promotes an 鈥渆thical market econo- my designed to increase the quality of life for all.鈥澨�
Felber explained how ECG is an alter- native to capitalism and socialism. It is听a system that is based on the values that make human relationships flourish: cooperation, justice, empathy, and dignity, among others. It is an economy that replaces the 鈥榮elfish values鈥� of predatory capitalism with relationship values that underlie most moral systems. Felber introduced his 鈥榗ommon good balance sheet,鈥� a report that measures companies based on their preservation of the values listed above. The success of a company should not be determined by how much profit it makes, but rather by the degree to which it contributes to the common good.听
Read More
Books
Cobb, John Jr. and Daly, Herman.听For The Common Good: Redirecting the Economy toward Community, the Environment, and a Sustainable Future. Boston: Beacon Press, 1994.听
Felber, Christian.听Change Everything: Creating an Economy for the Common Good. London: Zed Books, 2015.听
Sundararajan, Arun.听The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism.听Cambridge: MIT Press, 2016.听