Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That's why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic "doughnut" image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas--from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science--to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

Psychological and ecological research has eroded the foundation of mainstream economics, and a new approach is needed rather than an adaptation of existing theory. The most promising new approach is doughnut economics (DE), version 2.0 of the discipline of economics for the 21st century that presents economics as an embedded discipline between the social foundation and the ecosystem with a focus on the disciplinary boundaries. The study of neuroeconomics, such as doughnut economics, still holds a gap between “laboratory” findings on homo neuroeconomics and the issues in contemporary behavioral economics. To understand a positivist application of doughnut economics within the new economic frameworks of the 21st century, further research must be discussed. Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics follows the economic history from the Stone Age to that of the modern creative man and then provides a specific focus on doughnut economics and 21st century neuroeconomics. This new type of behavioral economics will be linked to neuroeconomic psychology and behavioral science with a focus in areas such as cognitive training, economic ecology, the new welfare economy, and globalized markets. This book is ideal for health economists, economists, leaders in politics and business, psychologists, economic theorists, practitioners, researchers, academicians, and students interested in doughnut economics and the psychology behind it.

Has politics reached breaking point? Rather than defending liberalism or abandoning it, how can a socially just and ecological alternative be built? Peadar Kirby investigates the causes of our current multifaceted global crisis by drawing on the work of Karl Polanyi. This book explores Polanyi's theory that social disruptions result from the attempt to run society according to the rules of the market. Drawing on these ideas, it outlines pathways towards an alternative future that overcome weaknesses in Marxism. Linking the ecological, political and socio-economic crises, Kirby identifies that an alternative socio-ecological model is emerging, consistent with the insights of Polanyi. Karl Polanyi and the Contemporary Political Crisis is an urgent intervention into key debates on the future of politics, on the low-carbon transition, on automation and on the emerging world order.

This open access book brings science and practice together and inspires a global movement towards co-creating regenerative civilizations that work for 100% of humanity and the Earth as a whole. With its conceptual foundation of the concept of transformation literacy it enhances the knowledge and capacity of decision-makers, change agents and institutional actors to steward transformations effectively across institutions, societal sectors and nations. Humanity is at crossroads. Resource depletion and exponential emissions that not only cause climate change, but endanger the health of people and planet, call for a decisive turnaround of human civilization. A new and transformative paradigm is emerging that advocates for regenerative civilizations, in which a narrative of systemic health as much as individual and collective vitality guide the interaction of socio-economic-ecological systems. Truly transformative change must go far beyond technical solutions, and instead envision what can be termed ‘a new operating system’ that helps humankind to live well within the planetary boundaries and partner with life’s evolutionary processes. This requires transformations at three different levels: ̈ Mindsets that reconnect with a worldview in which human agency acknowledges its co-evolutionary pathways with each other and the Earth. ̈ Political, social and economic systems that are regenerative and foster the care-taking for Earth life support systems. ̈ Competencies to design and implement effective large-scale transformative change processes at multiple levels with multiple stakeholders. This book provides key ingredients for enhancing transformation literacy from various perspectives around the globe. It connects the emerging practice of stewarding transformative change across business, government institutions and civil society actors with the most promising scientific models and concepts that underpin human action to shape the future collectively in accordance with planetary needs.

EBOOK: Economics for Business, 6e

Traditional economics is built on the assumption of self-interested individuals seeking to maximize personal gain, but that is far from the whole story. Sharing, caring, and a desire to uphold the collective good are also powerful motives. In a world wracked by inequality, social divisions, and ecological destruction, can we build an alternative economics based on cooperation? In this book Chris Benner and Manuel Pastor invite us to imagine a new sort of solidarity economics – an approach grounded in our instincts for connection and community – and in so doing, actually build a more robust and sustainable economy. They argue that our current economy is already deeply dependent on mutuality, but that the inequality and fragmentation created by the status quo undermine this mutuality and with it our economic well-being. They outline the theoretical framing, policy agenda, and social movements that we need to revive solidarity and apply it to whole societies. Solidarity Economics is an essential read for anyone who longs for a fairer economy that can generate prosperity and preserve the planet.

The victory of the Pakatan Harapan (PH), or the Alliance of Hope on May 9, 2018 in the Malaysian 14th General Election (GE14) was not just stunning, but historic. Moreover, the second comeback of Tun Dr. Mahathir Mohamad as the seventh Prime Minister of Malaysia was indeed impressive. The results of the GE14 were clearly against the tide as many political pundits and analysts had predicted a win for the Barisan Nasional (BN) coalition with differences only in matters of margins. Similar to Malaysia’s 13th General Election (GE13), which was held on May 5, 2013, the main issue in the GE14 was also about the economy. The rise in cost of living was perhaps the mother of all issues which caused the downfall of the BN government for the first time since independence. Other crucial economic issues centered on alleged corruption practices and manifested through the 1Malaysia Development Berhad (1MDB) saga. As a new federal power for 22 months, the PH government had a daunting task not just to address economic issues mentioned above, but also the other alleged economic problems which they had highlighted in their election manifesto. On top of that, the PH government had the responsibility to maintain, if not to improve further what the BN government had done to the Malaysian economy in the past, of which World Bank economists described as a success story, “a very strong economy” and “growing towards a high-income.” Post-GE14, what is the state of the Malaysian economy and its direction? What are lessons that can be learned from the PH economic management? And with the Perikatan Nasional (PN) government succeeding the federal power in March 2020 in the midst of the Covid-19 pandemic, what are the pressing issues and what needs to be done moving forward especially in the context of the economic challenges arising from the pandemic and post-Covid-19 era? These are some critical questions which this book is trying to address. The book essentially argues for the need to give greater focus to economic issues above anything else by envisioning a new national vision and engineering a new wave of economic structural reforms primarily based on insights from the vast Malaysian economic history lessons

An excellent read for entrepreneurs, corporate business leaders, board members, and strategists aiming to future-proof their business by integrating sustainability into the very core. This book offers a way forward, helps you understand the Sustainability Revolution, and provides valuable insights into the journeys and strategic choices of sustainability trailblazers such as Patagonia, Interface, Ørsted, Unilever, IKEA, Oatly, and others. Because you are not the first company to discover the potential in doing well by doing good, or as William Gibson said: "The future is already here - it's just not very evenly distributed". Still, many wicked problems urgently need innovative solutions. Solutions that the world of business is particularly well equipped to address through the ingenuity, creativity, collaboration, and resources that it can so often call forth more effectively and efficiently than other human organizations. Here and now, this requires a move beyond business as usual and a transformation into Better Business.

In twenty-four essays, internationally renowned economic thinkers share the fundamentals for a new economy that is rooted in the well-being of humanity and of our planet. In ‘Thrive. Fundamentals for a New Economy’, Kees Klomp and Shinta Oosterwaal provide insights into alternative approaches to economics that are sustainable and just for both society and the planet in the long term. In twenty-four essays, internationally renowned economic thinkers like Kate Raworth, Charles Eisenstein, Clair Brown, Helena Norberg-Hodge and Daniel C. Wahl, share the alternatives that are available to us, such as doughnut economics, wellbeing economics, common good economics, regenerative economics, buddhist economics, commons economics, local economics, bioregional economics, indigenous economics and degrowth economics. Each of these approaches provides a realistic and enticing vision of a thriving future. ‘Thrive’ offers readers the fundamentals for a new economy that is rooted in the well-being of humanity and of our planet. This book is a must-read for anyone in search of economic perspectives that contribute to a flourishing world. .

Starting from the assertion that crisis is part of the essence of labour law, this volume brings together researchers in the field who accepted the challenge to critically reflect on this branch of the discipline. As the COVID-19 pandemic has had a global impact, labour law across the world must come to terms with a new reality. In this context, it would be prudent to adapt to new circumstances by taking known paths. To this end, this book reflects on what effectively constitutes labour law, considering questions which are not usual within labour law. Insights from philosophical, sociological and even economic standpoints are mobilised to reconcile the past with the future of labour law.