Description

24 February - 18:30PM Central European Time // 11:30AM USA CST

This Master Class allows graduate students and early career scholars to interact with leading scholars in the field. In this Master Class, early career scholars will have the opportunity to interact with and learn from plenary speaker Christian Felber.

Climate change, biodiversity loss and the Corona crisis are making more and more people realise that the framework for economic activity and the satisfaction of human needs should not be perpetual economic growth, but ecological balance. Markets ought to be designed in such a way that inequality remains within reasonable limits, financial markets are stable and functional and trade balances remain in equilibrium. It is not the means that should grow endlessly, but the ends that should be achieved. A Common Good Product could replace GDP as the measure of a good life. Companies could pay taxes, receive public contracts or gain access to the world market depending on the result of their Common Good Balance. Common good banks and stock exchanges would only finance sustainable investments and projects. The Common Good Economy movement has been spreading more and more since 2010, all people, companies and communities are welcome to join: www.ecogood.org.