Building a Sustainable and Desirable Economy-in-Society-in-Nature
,by: United Nations Department of Economic and Social Affairs (UNDESA)
This report is a synthesis of ideas about what a new economy-in-society-in-nature might look and how we might get there. The report argues that now is the right time for the transition to a new economic paradigm. It lays out a vision, objectives and concrete policies that could underpin a new model of the economy based on the worldview and principles of "ecological economics," including sustainable scale, equitable distribution and efficient allocation ? a model where GDP growth is not the ultimate goal. The report makes a case for a greatly expanded commons sector of the economy and new common asset institutions to adequately deal with natural and social capital assets.