A New Economy

The “New Economy”

The economy is a system of money an power that, for the most part, aims for high financial returns. In looking forward with sustainable systems approaches in mind, the “New Economy” is one that is being built around community, locality, and relationships on the ground. It is the investment in each other, with the aim of high returns across the board – environmental, social, and economic, for the greater good of all.

From the New Economy Coalition:

“We must imagine and create a future where capital (wealth and the means of creating it) is a tool of the people, not the other way around. What we need is a new system—a new economy—that meets human needs, enhances the quality of life, and allows us to live in balance with nature. Far from a dream, this new economy is bursting forth through the cracks of the current system as people experiment with new forms of business, governance, and culture that give life to the claim that another world is possible.”