Amanda Janoo, Economics and Policy Lead at the Wellbeing Economy Alliance, looks at how we can reshape economic models to align with both ecological preservation and human flourishing.
Amanda takes us on a journey through the wellbeing economy movement, scrutinising how the conventional emphasis on growth and wealth maximisation has exacerbated crises like climate change, inequality, and mental health issues. She dissects the impact of the current failing economic and financial systems on the environment and human lives, highlighting the urgent need for a paradigm shift towards a wellbeing-oriented economy.
Drawing parallels between Wales and Canada's alternative national performance frameworks to GDP, Amanda underscores the need to integrate social and ecological wellbeing into decision-making processes. She champions participatory democracy, citing Spain's citizens' assembly on climate as an empowering example.
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