Reframing economics

The metrics applied to human and planetary progress must focus on well-being extending innovatively beyond GDP to reflect the true cost, risk and opportunity of human pursuits. The Club of Rome will continue to push for the exploration of a new set of values and principles.

RECLAIMING AND REFRAMING ECONOMICS

The shift from mainstream economics and policy making based on fundamentally flawed economic theory and indicators promoting a growth centric philosophy rather than the well being of people and the planet is necessary to ensure a reversal of crucial eco system, climate and social tipping points.

Beyond GDP

As rightly pointed to by the iconic American political leader, Robert Kennedy, in his speech on Beyond GDP in 1968: “The gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile.”

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