New Economics

You can download the full report here: http://www.neweconomics.org/publications/other-worlds-are-possible 

The paper by Max-Neef perhaps best articulates the thrust of the arguments presented in the report. In it, he argues for a new economy based on five postulates and one fundamental value principle.

Postulate 1: The economy is to serve the people; the people are not to serve the economy.

Postulate 2: Development is about people and not about objects.

Postulate 3: Growth is not the same as development; development does not necessarily require growth.

Postulate 4: No economy is possible in the absence of ecosystem services.

Postulate 5: The economy is a subsystem of a larger and finite system, the biosphere; hence permanent growth is impossible.

Value principle: No economic interest, under any circumstance, can be above the reverence for life.



You can download the full report here: http://www.neweconomics.org/publications/other-worlds-are-possible