Wellbeing Economy Alliance - WEAll

5 reasons GDP growth isn't fit for purpose as our primary economic goal. 👩🎓 This #EarthOvershootDay let's focus on the root cause of many of our environmental and social crises - our fixation with GDP growth at all costs. Today is the date when humanity’s demand on nature exceeds what the earth can regenerate in a year. And this is just one of the reasons it's time to go #BeyondGrowth Economic growth usually refers to growth in Gross Domestic Product (GDP), which is simply a crude measure of some of the goods and services we produce. A growing GDP has become synonymous with economic progress, but it's an extremely limited metric. ⚠ GDP is a crude metric of the goods and services we produce and it only captures some types of economic activity. For example, harmful economic activities like an oil spill can be good for GDP but something so vital as unpaid care isn't included. ⚠ GDP is subject to diminishing marginal returns. So while many low income countries in the majority world would benefit from growth, rich countries have largely grown past the point of utility. For example, the USA's high GDP doesn't equate to high life expectancy or health outcomes. ⚠ GDP growth is strongly correlated with climate emissions. While some decoupling is happening very recently, no one has convincingly mapped out how we could sufficiently reduce global climate emissions while rich countries continue to pursue endless growth. ⚠ GDP was calculated to quickly compare the size of different economies. It doesn't tell us how many people have a living income or a safe secure home and it can't tell us anything about the state of our environment. Today several more meaningful ways of measuring economic progress have been developed. This briefing paper by Rutger Hoekstra offers a great primer https://lnkd.in/efda7pT9 #postgrowth #beyondgdp #systemschange #alternativefutures #degrowth #steadystate #doughnuteconomics #economics #economicgrowth Post Growth Institute Doughnut Economics Action Lab (DEAL) Degrowth Journal International Degrowth Network Center for the Advancement of the Steady State Economy Friends of the Earth Europe Greenpeace

🌍 It's #EarthOvershootDay – the day we’ve used up all of our planet's resources for the year. How can we push this date back and save our planet's precious resources? By moving our economies beyond growth! 🌱✨ This spring, people in 🇮🇹, 🇦🇹, 🇩🇰, and 🇮🇪 pulled off national #BeyondGrowth conferences, pushing for systemic change. Dive into personal stories & see how we're bringing degrowth ideas closer to national parliaments! 💡 👉 https://lnkd.in/ePsWYTsh 🫶 Thanks for chipping in: Boon Breyne, Linda Luciani, Emilie Tricarico, the flourishing society

🚀 Eighty one per cent of Indians surveyed support a shift to wellbeing economies. More than two-thirds also want to see a urgent climate action, wealth taxes and Universal Basic Income. Explore the data from Earth4All and Global Commons Alliance https://lnkd.in/dA2bbp3e

We’ve all heard of #SDGs (Sustainable Development Goals), but what are IDGs? The Inner Development Goals recognize that without a foundational shift in human values and leadership capacities, external #solutions to our global challenges may be limited, too slow or short-lived. IDGs are rooted in five dimensions: 1️⃣ Being  2️⃣ Thinking  3️⃣ Relating 4️⃣ Collaborating  5️⃣ Acting Tune in on July 30 with Fredrik Lindencrona and the Wellbeing Economy Alliance - WEAll to unpack the IDG framework, and contribute your ideas to an emerging toolkit for implementing IDGs in different #global contexts. ➡️ Register here: https://lnkd.in/gtAdVgXW #wellbeingeconomy #idgs #economy #being #leadership #values #sustainability #wellbeing #goals #ecology #health #economics #idea #shift #event #talk #dialogue #toolkit #collaboration #acting #thinking #postgrowth

"To move forward together with any of the many global economic reform initiatives being proposed...the historical (and current) inequality in how power is distributed cannot be ignored." As part of WEAll’s work to explore economic system reform initiatives from around the world that could transform the current global economic architecture, we brought together a diverse range of voices, from representatives of indigenous groups and major industries, to finance reform think tanks and business and trade advocates, to policy makers and activists. Read Michael Weatherhead's reflections on our recent gathering in Costa Rica. https://lnkd.in/e_YVis_c  

"The way out is in". In this blog, WEAll's Simon Ticehurst shares lessons from a recent retreat in Costa Rica hosted by Christiana Figueres. #Mindfulness #SystemsChange https://lnkd.in/eb3Jjrqg

Looking forward to my 3rd TedTalk , speaking on the SDGs with a stellar group of co-speakers. We can never have enough critical public discourse and polemics. Am excited about this! @NationalPlanningCommission Prof Hope Magidimisha-Chipungu Nancy Kachingwe Tanya Cohen Mohammed Jahed Nana Afua Yeboah, Ph.D.Amara Enyia, JD, PhDAmal HadiAmah Edoh, PhD Brendan Vickers Ben RadleyJose Carlos Ramos, PhD The Club of RomeAssociation for Women's Rights in Development (AWID)Dr. Kim McLearInstitute of Development StudiesDr. Egbert DommerholtH.E. Prof. Dr. Amb. Tal Edgars M.Inst.D, PhDThe London School of Economics and Political Science (LSE)Dr M'zée Fula N.Faye MachekevFarai Savanhu Gaynel Curry Gilbert KhadiagalaThobile Chittenden Wellbeing Economy Alliance - WEAll Indrajit Roy Lara M. Ayoub

Why is it that more of us are going to therapy than ever, but our mental health keeps getting worse? LinkedIn influencers will tell you that you just need to take more control of your life: Exercise, meditate, be more confident, make more money… But our mental health crisis is BIGGER than you. It’s societal. In fact, it’s a natural consequence of the way our economy is set up. It turns out the mental health crisis is linked to rising INEQUALITY during the past few decades… during which the top 1% has accumulated more than 40% of total wealth in the USA (see video below for the data + charts). According to research by epidemiologists at the University of York and The Equality Trust, countries with less inequality (e.g. Scandinavian countries) have lower rates of social and health issues… whereas more unequal countries (like the USA and Israel) have worse health, more violence, and worse pollution. Another interesting finding from the research is that *even rich people* are better off in more equal societies, with benefits including reduced risk of being victims of violence and children that are less likely to take drugs. The mental health crisis is a complex topic, and the solutions are complex. But from a socioeconomic design perspective, the answer is actually pretty simple: We need to shift to an economic model that prioritizes social wellbeing over endless wealth accumulation for the rich. Of course, we should also exercise and take care of ourselves! But big systemic problems like this require systemic solutions. It’s well past time to admit that. Huge thanks to my friends at Wellbeing Economy Alliance - WEAll – including Amanda Janoo, Michael Weatherhead, Simon Ticehurst, Frances Rayner, and especially the wonderful Kate Petriw – for helping bring this video to life! And of course, thanks to WEAll ambassadors Kate Pickett and Richard Wilkinson for leading the research. #mentalhealth #mentalillness #wellbeing #economics #wellbeingeconomy #equity

Before 1984, it was normal that large families could be supported by a single income earner. Now, two-income households are struggling to get by. Climate breakdown, crumbling infrastructure, obscene wealth gaps, and a generation locked out of home ownership are all symptoms of an out of date economic system. We have just launched a new video campaign reminding people that the system has a name, it's called Neoliberalism. 40 years ago this week, Rogernomics brought Neoliberalism to New Zealand and today, it isn’t delivering the basics like housing, food and opportunities for all. The idea that wealth would trickle down has not created opportunities for large numbers of people while creating environmental damage that will limit the opportunities of future generations. This should be a concern across the political spectrum, even Former National Party Prime Minister Jim Bolger believes Neoliberalism has failed Aotearoa New Zealand. We need to leave Neoliberalism in the 80s. Our economic system is a product of design and can be redesigned to put our human and planetary needs at the centre. There are alternatives. Work is happening to progress a Wellbeing Economy in Aotearoa.  Join the movement for a new economy. https://lnkd.in/gb8cS4kE  Become a member of WEAll Aotearoa and be part of the change. https://lnkd.in/gjHZHk4J Thanks to ActionStation B Lab Australia and Aotearoa New Zealand, Greenpeace Aotearoa, The Public Service Association and Te Ohu Whakawhanaunga for supporting this video. Please share. Qiulae Wong-Anthony Gareth Hughes Sally Hett Justin Connolly Dalziel Paul Michael Worth Joanne Waitoa Finn Shewell Kobus Dippenaar Jessica Lavelle Paul Gilberd Wendy Marr Pascarn Dickinson Piers Locke PhD Catherine Knight PhD Sahra Kress Dr Mike Joy Jennifer Wilkins Wellbeing Economy Alliance - WEAll Frances Rayner

Why is it that more of us are going to therapy than ever, but our mental health keeps getting worse? LinkedIn influencers will tell you that you just need to take more control of your life: Exercise, meditate, be more confident, make more money… But our mental health crisis is BIGGER than you. It’s societal. In fact, it’s a natural consequence of the way our economy is set up. It turns out the mental health crisis is linked to rising INEQUALITY during the past few decades… during which the top 1% has accumulated more than 40% of total wealth in the USA (see video below for the data + charts). According to research by epidemiologists at the University of York and The Equality Trust, countries with less inequality (e.g. Scandinavian countries) have lower rates of social and health issues… whereas more unequal countries (like the USA and Israel) have worse health, more violence, and worse pollution. Another interesting finding from the research is that *even rich people* are better off in more equal societies, with benefits including reduced risk of being victims of violence and children that are less likely to take drugs. The mental health crisis is a complex topic, and the solutions are complex. But from a socioeconomic design perspective, the answer is actually pretty simple: We need to shift to an economic model that prioritizes social wellbeing over endless wealth accumulation for the rich. Of course, we should also exercise and take care of ourselves! But big systemic problems like this require systemic solutions. It’s well past time to admit that. Huge thanks to my friends at Wellbeing Economy Alliance - WEAll – including Amanda Janoo, Michael Weatherhead, Simon Ticehurst, Frances Rayner, and especially the wonderful Kate Petriw – for helping bring this video to life! And of course, thanks to WEAll ambassadors Kate Pickett and Richard Wilkinson for leading the research. #mentalhealth #mentalillness #wellbeing #economics #wellbeingeconomy #equity