Our actions or non-actions always
make a difference
Fostering economic abundance
Many of today’s crises – including the climate and biodiversity crises, existential poverty and a political mood of powerlessness – have to do with the way we do business. But economic practice is not a natural necessity: it is made by human beings.
Against this background, a central task of economic science becomes the understanding of the abundance of existing and possible economies: for example, in the form of organisational or production designs or of imaginaries and transition paths for future-fit economies. This understanding must be incorporated into democratic, public processes in which a Good Life for all is negotiated and realised.
As economists, we are inevitably part of this public process and in this respect we are always positioned. Our actions or non-actions always make a difference. To understand these effects means to principally be able to justify scientific practice.
Economic education must enable people to understand, take responsibility and implement economic and scientific practice. Then there is the possibility that we, as economically educated people, can become part of the solution to current challenges.
- 5th Jul 2021, 4:00 pm: New Imaginative Economies. Changing the Foundations of Economic Thought and Practice in the Midst of Crisis. Talk at the miniconference on “Imagined Capitalist Transformations and the Politics of the Future Economy” in the context of this years’ SASE conference, together with Silja Graupe. Have a look at the new project we will be talking about. More information here.