What is The Economy of Happiness and Wellbeing

$0

Download the Essay for free.

Category:

Description

Growing inequalities, lost diversity, pandemics, and Climate Change are only some of the seriouschallenges that humanity faces in the coming decades. All of those crises are interconnected, and we cannot confront them in isolation. Our current economic systems are not designed to deliver a good balance of social and environmental goals. What is an economy? An economy is a collection of norms and rules that reward certain behaviors and punish others. The economies of the 21st century destroy natural wealth, degrade communal bonds, and incentivize overconsumption. But this is how our economies have evolved to function, which means that this is not inevitable.