WEAll’s Katherine Trebeck is to be a subject of the forthcoming documentary film “Wellbeing Economies”, which focuses on the Wellbeing Economy Governments (WEGo) project.

The film will showcase wellbeing economies as a new political and economic vision for our world. A new dedicated website and particularly the blog section provides a look behind the scenes and invites readers to join the film makers on their journey making this film. The About page introduces the team behind the project. If you want to stay updated about what they’re doing, you can sign up to their newsletter here.

Trailer

 

Blog by Stewart Wallis, WEAll Chair

Amongst the many different groups and individuals worldwide arguing for a new economic system, there is considerable agreement not only about what urgently needs to change but also on the goals and main ingredients of the much -needed new system. Such a system would focus on maximising wellbeing, meeting the fundamental needs of all humans, regenerating degraded ecological and social systems, and living within local and planetary ecological limits. A new book of which I am a co-author “A Finer Future” covers in detail the elements of such a new system.

Where there is much less certainty and agreement is: how to bring this desired new system into being? How to make it happen?

This was the critical question that exercised myself and colleagues during my 12 years at the New Economics Foundation (NEF). For many years our theory of change was to produce ground-breaking reports based on thorough research and to disseminate the findings through compelling communications backed by both insider lobbying and outsider campaigning in alliance with others. We then often formed partnerships with communities and civil society to demonstrate that these new approaches worked in practice. All this is necessary but – as we came to realise – not sufficient.

Studying successful major system changes over the past 300 years, we and others found that the following elements are also vital:

  1. Organisations and individuals working together across sectors and at different scales to create a vanguard power base.
  2. Compelling positive new stories or narratives
  3. Sufficient coherence of both theory and practice

There are many organisations already doing fantastic work on each of these elements. WEAll (the Wellbeing Economy Alliance) has been created this year not to duplicate this work or compete with it but to amplify it so that together we can catalyse the necessary system change.

Already, over 30 international networks, coalitions and organisations have joined WEAll as members. A small amplification team has been set up; coalition building work has commenced at three levels- governments, cities and businesses; an international group of academics are collaborating on areas where wellbeing economic theory is insufficiently coherent; narrative groups are being established; and a number of country level cross-sectoral groups are being formed including WEAll Scotland.

WEAll members include Local Futures and Happy City: the co-hosts of the Bristol 2018 ‘Economics of Happiness’ conference which runs from 19-21 October. This conference will focus on system change to put human flourishing and happiness at the heart of a new economic system. I am delighted to be participating in this conference and believe that it will be an important step towards the goal so many of us are working for.

Some people argue that system change will only happen when there is a further massive economic crisis. We believe that this is a dangerous argument; history shows clearly that major crises not only cause serious harm to the least powerful people but can also provide fertile ground for the rise of deeply unpleasant variants of populism and nationalism. Furthermore, the time for action is now – not tomorrow! Together we already possess the power to change the system. Join WEAll in making this happen.

Stewart is a keynote speaker at the Economics of Happiness conference in Bristol, UK (19-21 October) – find out more and get tickets here.

Blog by Lisa Hough-Stewart

At the first WEAll Scotland event in Edinburgh this week I spoke about the need for a wellbeing economy with a farmer. And with an artist. As well as an investment banker, a civil servant, a teacher, a scientist – and so many more. This event really was for everyone, and one of the many things about it that made me feel hopeful was the rich diversity of views and experiences in the room.

Keynote speaker Jacqueline McGlade (former Chief Scientist of UNEP and currently of University College London and Maasai Mara University) struck a chord with the Scottish audience when she called for a “a juggernaut of change” to bring about a systemic shift. Crucially, this change must be global and inclusive, but she and other speakers highlighted the potential for Scotland to play a leadership role.

The purpose of the day was to launch the concept of a wellbeing economy and WEAll as an alliance that aims to connect, enhance and amplify the work of the existing movement in Scotland. Katherine Trebeck, of the WEAll global Amp team and WEAll Scotland team, delivered an inspiring presentation showcasing some of the amazing “chinks of light” projects and ideas around the world demonstrating that a wellbeing economy already exists. She also emphasized that the event was happening as part of Challenge Poverty Week – and during Climate Challenge and Good Money Weeks, too. All great examples of people recognizing change is needed, across linked agendas that WEAll is working on.

Doreen Grove from WEAll Scotland said in her talk: “We know what people care about – having meaningful lives, having agency. When we talk about changing the system though, everyone needs to be there not just those with power.”

Perhaps not everyone in Scotland was there for the inaugural WEAll Scotland meeting but a meaningful cross-section of Scottish society brought their experience and voices to the room. After hearing the global perspective from Jacqui and Katherine, it was over to the participants to analyse what can be done in Scotland to advance the wellbeing economy agenda.

There were healthy challenges from participants about the value WEAll can add, and no shortage of ideas for action. The WEAll Scotland team has an exciting to-do list as a result of afternoon discussions about prioritization! We heard that support is needed to help accelerate the good work already happening, help people connect and collaborate, and to support those going against the current system, because it is hard tiring work.

As Carol Tannahill (Head of Social Policy for the Scottish Government and director of the Glasgow Centre for Population Health) summarized, hope was an overarching theme for the day, with positive energy and optimism brimming from all discussions. This is, participants agreed, a unique moment for Scotland. Political will, public engagement and capacity to change seem to be intersecting, and together they provide fertile ground for Scotland to act as a leader in the shift to a wellbeing economy.

The event was an important milestone on the route to a wellbeing economy for Scotland – to follow this journey or get involved in Scotland check out www.wellbeingeconomy.org/scotland

 

 

 

 

 

A Finer Future: Creating an economy in service to life

By L. Hunter Lovins, Stewart Wallis, Anders Wijkman, John Fullerton

A Finer Future is aimed at business leaders, entrepreneurs, activists, and anyone who cares about the future of our planet. Rich with stories of communities implementing solutions, it describes the exciting news in the work to transform finance, business, energy agriculture and many other areas of our society to create an economy that works for every one of us.

Find out more about the book and order your copy here.

Each month, the WEAll Amplification team (Amp team) shares what they’ve been working on, and their priorities for the coming month.

Find out more about our team members here 

Ana Gomez 

What’s kept you busy in September?
  • Onboarding new members
  • Ongoing communication with existing and potential members, deepening relationships and ensuring that all members have what they need
  • Supporting the development of the Malaga hub and getting a new app ready for launch
September highlight:
  • I really enjoyed our September member calls, they’re becoming really useful and participative, and it’s great to welcome new members to them
October priorities:
  • Helping to deliver WEAll Scotland’s first event and supporting the team there
  • More work with and for members – I want to bring proposals for working together and deepen relationships still further
  • Planning logistics and production for NESI Forum 2019
  • Spending time with the rest of the Amp team in person

Lisa Hough-Stewart 

What’s kept you busy in September?
  • Planning and delivery of our #10yearson stunt in New York. Collaborating with Finance Watch and Post Growth Institute was great
  • Coordinating the first public WEAll event in New York at Fordham University. It was wonderful to meet US members and make new connections
  • After launching the WEAll website and social media channels right at the start of September, I’ve been continually developing them and creating/sharing content
September highlight:
  • I’m proud of the Free Money Day stunt we did as part of the #10yearson campaign in New York, especially the video! Watch it here
October priorities:
  • Developing the communications plan for NESI Forum 2019, and getting ready to launch ticket sales with a website update and press release in early November
  • Medium-long term planning on our communications and mobilisation goals, including working with the newly formed comms working group
  • Supporting the WEAll Scotland launch event and follow up work
  • Spending time on strategy and planning as a team in Malaga

Diego Isabel

What’s kept you busy in September?
  • Our trip to New York, where we hosted the first public WEAll event at Fordham and also had the chance to connect with US members, and bring them together for the first time
  • Producing a data report about Spanish consumer opinions and behaviour around wellbeing and ethics
  • Lots of productive meetings with partners in Spain, including to discuss plans for NESI Forum 2019
  • Acting as MC for the brilliant European Ideas Lab event in Madrid
September highlight:
  • Giving away free money opposite Lehman Brothers on the ten year anniversary of the crash, especially working with our members Post Growth Institute and Finance Watch
October priorities:
  • Meeting the Amp team in person to focus our energies and discuss strategy, planning and working together effectively
  • Moving into the next gear with preparations for NESI Forum 2019
  • Fundraising efforts, and various meetings including with local hubs in Spain
  • Setting up and starting to work with the WEAll strategy group

Katherine Trebeck

What’s kept you busy in September?
  • Having a week in a cabin to focus on research content, both reading the latest that’s out there in the knowledge sphere, and writing blogs and articles
  • Attending a convening in Bellagio, and seeing diverse people and organisations rallying around the concept of wellbeing (though this is admittedly also a risk – blog to come!)
  • Partnership working with Green Economy Coalition to advance narrative work and submit a funding proposal to EC DEAR
September highlight:
  • With support from us, the Scottish Government have been showing real leadership in their work with other governments on the wellbeing economy
October priorities:
  • WEAll Scotland’s first event – Wealth of Nations 2.0, and all the follow-up afterwards to define the action plan and offer
  • Several presentations and appearances to engage with new audiences (to Transitions Town in Malmo, to city officials in Malmo, to the Institute of Chartered Accountants, to Aberdeen Standard Life)
  • Getting the Research Fellows Network moving forward

Stewart Wallis

Stewart has been enjoying a well-earned rest in August and September – after coming out of retirement to help set up and run WEAll, he has temporarily re-retired! The team can’t wait to welcome him back in October.

Michael Weatherhead

What’s kept you busy in September?
  • Creating and sharing plans for the business cluster and getting a business education sub group up and running
  • Strengthening connections between WE Africa and WEAll
  • Attending OECD meetings in Paris – meeting partners, members and funders, and advancing the WEAll message
September highlight:
  • Making connections at the OECD
October priorities:
  • Agreeing content and form of the NESI Forum 2019 with co-creation team (and also setting up this team!)
  • Face to face meeting in Malaga with the Amp team
  • Making the plans for the business cluster operational

WEAll’s Katherine Trebeck writes for CUSP on “Making transformation tangible”.

Excerpt:

“The vision underpinning so much of this work is not far away. You hear it if you take the time to listen to what people identify as most important in their lives. You read it in certain texts of the world’s religions and development scholarship. You see it if you look at brain scans or reflect on the findings of psychologists and epidemiologists about human stress and flourishing. It flows from what Tim Jackson often refers to as what makes us ‘innately human’.

Essentially, the messages from these diverse quarters point to the need for a ‘wellbeing economy’: an economy in service of human and ecological wellbeing. It is about meeting the needs of all. It recognises that the economy is embedded in society and the rest of nature rather than nature and society being in service of the economy. A wellbeing economy is about more than tweaking and fixing the harm caused by the current model.”

Read the full blog here

WEAll’s Katherine Trebeck has published a new blog for Transformations Forum, “Teaming up to transform the economy”.

Excerpt:

“A nice vision perhaps, but changing an economic system is extraordinarily challenging.

Fortunately, many are rolling up their sleeves and creating projects, policies, and programmes that illustrate a wellbeing economy: from businesses with a social or environmental mission to new ways of local decision making; from pushing for policies that seek to open up space for experimentation to projects that epitomise – even in microcosm – that things can be done differently.

But how can all these initiatives add up to sometime more systemic? Can they ever be more than the sum of their parts?”

Read the full blog here.

Wellbeing Economy Alliance Launches in U.S.

Marking a decade after the financial crisis, group calls for transformation of economy

Sept. 20, 2018 – New York – A decade after the financial crisis, the Wellbeing Economy Alliance (WEAll) today announced its U.S. launch, with a commitment to transform the economic system in pursuit of sustainable wellbeing for people and the environment.

This new alliance will build on the long-term efforts of the new economy movement, amplifying existing and emerging work that demonstrates the feasibility of shifting the economic paradigm away from growth at all costs, towards collaboration and shared flourishing.

The launch will take place today at a Fordham University conference where participants will hear from a diverse range of speakers, including private business leaders, academics and financial specialists focused on developing a wellbeing economy.

“The 2008 crash was one of the clearest indicators that the system is broken,” said Diego Isabel, Strategy and Connections Lead for WEAll. “Global leaders did not take the opportunity ten years ago to transform the economic system to the benefit of all. A wellbeing economy recognizes that the economy is embedded in society and the rest of nature and that true success depends on creating a world where we all prosper and flourish.”

“Businesses have an essential role to play in this transformation, and we are pleased to be part of the dialogue WEAll has begun,” Tom Cripps, Board of Directors, Velcro Companies, said. “Velcro Companies was built on products that reflect nature’s genius, so we see sustainability as a must-have, not a nice-to-have, component of our economic model and ultimately a key driver of long-term success.  We are working with companies worldwide to lead a transformational change in the way business is done and embrace a larger social purpose that complements and enhances our traditional business goals.”

On 15 September 2018, the ten year anniversary of the collapse of Lehman Brothers, #WEAll campaigners gave away free money outside the bank’s former building in New York. The purpose: to urge people to rethink our relationship with the economy, and to promote sharing, collaboration and dialogue. #FreeMoneyDay #10yearson

Photo and video by Create the Remarkable

WEAll’s Katherine Trebeck has written a chapter for a new ebook by Open Democracy, available free here. Edited by Laurie Macfarlane, “New Thinking for the British Economy” brings together leading thinkers to outline the broad pillars of a new economic agenda, and the type of policies that are needed to get us there. As well as more traditional policy areas such as trade, finance, housing and industrial policy, the book explores a range of areas that are not typically considered to be within the sphere of economic policy but which nonetheless play a critical role shaping our political economy – such as the media, our care systems, racial inequalities and our constitutional arrangements.

Katherine’s chapter – “Building a Wellbeing Economy” – explains that GDP is a wholly inadequate measure of progress for the twenty-first century: the narrow pursuit of growth-at-all-costs is failing to meet human needs and destroying the planet. Repurposing the economy away from GDP towards outcomes that align economic success with the delivery of human and ecological wellbeing is therefore an essential step towards an economy that works for people and planet.

Download the ebook for free now.

 

As published on the Greenhouse PR Pioneers blog here.

“The Wellbeing Economy Alliance (WEAll) is a new global network created to help bring about a transformation of the economic system to prioritise shared wellbeing on a healthy planet.

Ahead of the official launch in New York tomorrow (20 September), we invited Executive Director, Diego Isabel, to tell us about WEAll’s mission to empower people around the world to catalyse systemic change.

Tell us, in 20 words or fewer, about the Wellbeing Economy Alliance – what’s its mission?

The Wellbeing Economy Alliance (#WEAll) has the mission to transform the goal of the economy, from profit maximisation to providing wellbeing to people and the planet.

  • What drives you?

Change. When I see and feel change for the common good is possible, I go for it.

  • What is your greatest achievement to date?

I am very proud of having brought together the main new economy networks and movements to the Global Forum NESI (New Economy and Social Innovation) to work together, to collaborate. #WEAll is a step beyond NESI, now all these networks are willing to keep on collaborating.

  • What are the challenges you face?

Putting egos aside, not only individual egos but also what I call “corporate egos”. Collaboration is about agreeing on a common purpose and goals and working together to achieve them, without expecting a reward to feed our egos.

  • What are you working on that’s getting you fired up and excited?

Creating positive and practical proposals for governments and cities so they become wellbeing economy governments and wellbeing economy cities. We need to create ecosystems where businesses can have a social purpose and people can have meaningful jobs and enjoy their lives.

  • Where do you want to take WEAll next?

On the one hand, to create roadmaps for governments, cities, and businesses so they know how to make the transition towards a wellbeing economy. On the other, WEAll needs to empower people around the world to catalyse systemic change. We aim to develop what we call WEAll Citizens, a campaign to mobilise citizens around the world to support the wellbeing economy and the proposals of the different new economy movements.

  • What can we, as individuals, do to make a difference?

There are many things that would make a difference in our lives and in the system. We have the power to decide what to buy and from whom. The products we eat, the way we move, the clothes we buy and wear, all these things contribute to a global change.

  • How is what you are doing inspiring change in others?

I think that the best way to inspire others is by walking your talk. I try to be coherent with the kind of system I would like to see. Paraphrasing Gandhi: “be the economy you want to see in the world”.

  • Can you recommend a life- or game-changing book for our readers?

This summer I was inspired reading “Journey to Earthland” by Paul Raskin, Director of the Tellus Institute, one of the WEAll members. On my bedside table I always have some traditional eastern books such as the Tao Te King or the Dhammapada. They contain powerful inspiring messages.

  • What do you listen to when you’re cooking dinner?

My wife asking, what have we got for dinner? 🙂

  • What’s the best advice you’ve ever been given?

Life is about giving and being yourself.

  • Can you leave us with who’d be your Eco Hero?

Mother nature, or Pacha Mama as they call it in Latin America, is the best Eco Hero, we only need to listen to her and follow her lead.”

238 leading academics wrote an open letter to the EU this weekend, calling for the prioritisation of stability and wellbeing over GDP.

The experts, including WEAll Ambassador Kate Pickett, mention the vital role of WEAll in connecting the existing and  emerging wellbeing economy movement.

Read the full letter below or on the Guardian website here, where you can also see all the signatories.

If you agree with their call, you can add your voice by signing this petition to the EU.

The open letter

“This week, scientists, politicians, and policymakers are gathering in Brussels for a landmark conference. The aim of this event, organised by members of the European parliament from five different political groups, alongside trade unions and NGOs, is to explore possibilities for a “post-growth economy” in Europe.

For the past seven decades, GDP growth has stood as the primary economic objective of European nations. But as our economies have grown, so has our negative impact on the environment. We are now exceeding the safe operating space for humanity on this planet, and there is no sign that economic activity is being decoupled from resource use or pollution at anything like the scale required. Today, solving social problems within European nations does not require more growth. It requires a fairer distribution of the income and wealth that we already have.

 

Growth is also becoming harder to achieve due to declining productivity gains, market saturation, and ecological degradation. If current trends continue, there may be no growth at all in Europe within a decade. Right now the response is to try to fuel growth by issuing more debt, shredding environmental regulations, extending working hours, and cutting social protections. This aggressive pursuit of growth at all costs divides society, creates economic instability, and undermines democracy.

Those in power have not been willing to engage with these issues, at least not until now. The European commission’s Beyond GDP project became GDP and Beyond. The official mantra remains growth — redressed as “sustainable”, “green”, or “inclusive” – but first and foremost, growth. Even the new UN sustainable development goalsinclude the pursuit of economic growth as a policy goal for all countries, despite the fundamental contradiction between growth and sustainability.

The good news is that within civil society and academia, a post-growth movement has been emerging. It goes by different names in different places:décroissance, Postwachstumsteady-state or doughnut economicsprosperity without growth, to name a few. Since 2008, regular degrowth conferenceshave gathered thousands of participants. A new global initiative, the Wellbeing Economies Alliance (or WE-All), is making connections between these movements, while a European research network has been developing new “ecological macroeconomic models”. Such work suggests that it’s possible to improve quality of life, restore the living world, reduce inequality, and provide meaningful jobs – all without the need for economic growth, provided we enact policies to overcome our current growth dependence.

Some of the changes that have been proposed include limits on resource use, progressive taxation to stem the tide of rising inequality, and a gradual reduction in working time. Resource use could be curbed by introducing a carbon tax, and the revenue could be returned as a dividend for everyone or used to finance social programmes. Introducing both a basic and a maximum income would reduce inequality further, while helping to redistribute care work and reducing the power imbalances that undermine democracy. New technologies could be used to reduce working time and improve quality of life, instead of being used to lay off masses of workers and increase the profits of the privileged few.

Given the risks at stake, it would be irresponsible for politicians and policymakers not to explore possibilities for a post-growth future. The conference happening in Brussels is a promising start, but much stronger commitments are needed. As a group of concerned social and natural scientists representing all Europe, we call on the European Union, its institutions, and member states to:

1. Constitute a special commission on post-growth futures in the EU parliament. This commission should actively debate the future of growth, devise policy alternatives for post-growth futures, and reconsider the pursuit of growth as an overarching policy goal.

2. Incorporate alternative indicators into the macroeconomic framework of the EU and its member states. Economic policies should be evaluated in terms of their impact on human wellbeing, resource use, inequality, and the provision of decent work. These indicators should be given higher priority than GDP in decision-making.

3. Turn the stability and growth pact (SGP) into a stability and wellbeing pact. The SGP is a set of rules aimed at limiting government deficits and national debt. It should be revised to ensure member states meet the basic needs of their citizens, while reducing resource use and waste emissions to a sustainable level.

4. Establish a ministry for economic transition in each member state. A new economy that focuses directly on human and ecological wellbeing could offer a much better future than one that is structurally dependent on economic growth.”

Blog post by Lisa Hough-Stewart

What happens when you give away free money to strangers?

WEAll teamed up with our members the Post Growth Institute and Finance Watch to do just that.

On September 15, 2018, ten years to the day from the collapse of Lehman Brothers (which triggered the financial crash), a small group of us stood opposite the old Lehman Brothers building on 7th Avenue in New York, and dished out cash.

This stunt was part of the Change Finance coalition’s #10yearson campaign. The purpose was simple: to provoke people to think about our relationship with money and what the economy is for, encouraging sharing and collaboration instead of greed. To emphasize the point, we invited everyone to take two dollars – one to keep, and one to pass on to someone else.

In preparing for this stunt, I gave plenty of thought to our messages, the logistics, the risks – and not much thought to how people would react. In fact, I assumed that the $500 we had to give away would disappear within half an hour, with people grabbing bills as quickly as they could.

The reality was more complex, and it said a lot about our relationship with money: exactly what we were there to explore! At first, almost everyone was wary and confused, and many would not engage with us at all, refusing to believe anyone would just hand out money with no catch.

We didn’t get a lot of outright negativity, but a lot of people were quick to put up their hands and say, “I’ve got enough”. A nice sentiment, as our economy certainly needs a better concept of “enough”: it was pretty clear, though, that this response was defensive. People did not want to be seen to be in need.

Our pitch went along the lines of “It’s free money day! You get a dollar, and you pass one on to someone else”. The last part of the sentence was transformational. We could see the penny drop, as people who had been quickening their pace to avoid us suddenly smiled, slowed down and started to engage. The sharing element connected with people instantly, and that’s when they wanted to know more about what we were doing.

My favourite part was the people who really got into the spirit of it, eager to give away their dollar straight away – a few even joined our team for a while! Kids were particularly thrilled not just to get a buck but to hand out money to others. I lost count of the number of people who said we made their day.

It didn’t take half an hour to get rid of $500 on a Saturday afternoon in New York City. It took almost two hours. In those two hours, we had conversations with strangers lasting from a few seconds to fifteen or twenty minutes. We shared ideas, laughter and hugs with these strangers as we connected over the idea that we all can do better, and build an economy that works for people and planet.

  • Free Money Day is a global event in which people hand out money to strangers in order to raise awareness and start conversations about the benefits of economies based on sharing. http://www.freemoneyday.org/
  • Finance Watch is an independent, non-profit, publicinterest association dedicated to making finance work for society. It was created in June 2011 to be a citizen’s counterweight to the lobbying of the financial industry and conducts technical and policy advocacy in favour of financial regulations that will make finance serve society. It now expands its mission to include work on campaigns that demand systemic change, and coordinates the Change Finance coalition. 
  • The #10YearsOn campaign has involved over 60 organisations to reimagine the financial system. Its demands are focused on a financial system that serves people and planet, that is democratically governed, and that is stable.

Images by Create The Remarkable

On the ten year anniversary of the collapse of Lehman Brothers, and the financial crash, we think that #WEAll can do better. We can build a wellbeing economy. #10yearson

English version:

Spanish version:

Diez años después, ¿podemos cambiar?

¿Podemos crear una economía basada en las personas? #10añosDespues #10yearson #WeAll

Posted by PlayGround on Friday, September 14, 2018

Video by Playground

WEAll Policy and Knowledge lead Katherine appears on the latest Politics Galore! podcast, talking wellbeing economies, and a little bit of Scottish politics.

In the latest episode of Local Bites, a great podcast produced by WEAll member Local Futures, they chatted with Diego Isabel La Moneda, WEAll Strategy and Connections lead.

Listen here now [12 minutes].

An economist, a songwriter and a puppet designer walked into a recording studio.

What came out? An economics puppet rap battle, of course.

In a one-of-a-kind collaboration, puppet designer Emma Powell, musician Simon Panrucker, and renegade economist (and WEAll Ambassador) Kate Raworth have created a surreal musical puppet adventure to challenge the heart of outdated economic thinking.

Their 7-minute video stars puppets pitched in a rap battle with their economics professor. The project’s aim is to equip economics students and teachers with a playful but insightful critique of Rational Economic Man, the outdated depiction of humanity at the heart of mainstream economic thought.

A synopsis of the storyline:

Dissatisfied with the model of man presented in their economics lesson, three students visit their professor and embark on a rap battle to debate the very nature of humankind. While the professor argues that Economic Man – a rational, self-interested, money-driven being – serves the theory well, the students counter that a more nuanced portrait reflecting community, generosity and uncertainty is now essential. A musical puppet adventure challenging the heart of outdated economic thinking ensues.

Kate Raworth is the author of the internationally acclaimed book Doughnut Economics: seven ways to think like a 21st century economist (Penguin Random House, 2017). ‘One of the most dangerous stories at the heart of 20th century economics is the depiction of humanity as rational economic man’ she says, ‘He stands alone, with money in his hand, ego in his heart, a calculator in his head and nature at his feet. In making this video, we wanted to make clear – as playfully as possible – that this absurd portrait is deeply out of date.’

The project was funded by the Network for Social Change and the video is being disseminated widely online. A full set of the lyrics is available for teachers and students who want to bring the details of the debate to life in the classroom.

Wondering what WEAll is all about, and what we’re hoping to achieve?

Amp team members Katherine and Lisa wrote a piece for the Transforming Capitalism Lab, part of our member The Presencing Institute.

Read it here and join the discussion.

Blog by Lisa Hough-Stewart

I was thrilled to be part of the international Rethinking Economics summer gathering earlier in August.

Rethinking Economics (RE) is an international network of students, academics and professionals aiming to build better economics education and thus contribute to transformation of the economic system.  RE is a WEAll member and we headed to their gathering to explain what WEAll is doing and our vision, and make connections between the work of RE and the wider movement.

This was a really special event – by the time I arrived on day 4, the participants were clearly a really tight group. Despite having already had four intense days of strategic planning and plotting to change the world, energy and enthusiasm levels were through the roof. I reckon there are a few world changers in this group!

I supported Rowan from RE to run the opening session on day five, encouraging students to work in their national or regional groups to use power mapping tools. They each mapped out the different external stakeholders who have influence over their university curriculum and came up with strategies for working with at least one of these to create change in the new semester. The depth of strategic thinking was really impressive for a short session!

Then it was time to deliver a presentation on what WEAll is all about and I was delighted to have a packed room full of people curious to learn about us. I started by asking everyone to say what they think a wellbeing economy is or includes, and the answers were brilliant – all completely in line with WEAll’s definitions! (see the photo) It was great to get an overwhelmingly positive response to my short workshop, and a wee queue of students keen to discuss collaboration at the end.

Myself and the other presenters were swept up in the busy afternoon of workshops, and I had so much fun as part of Team Meme Machine creating memes that RE can use during the #10yearson campaign (watch this space). We were also grateful to be welcomed into the brilliant (late night!) closing party, complete with quiz and talent show. These Rethinkers know how to have fun.

It seemed there was a meaningful connection with WEAll to be made with every Rethinking Economics group, and the other presenters I spoke with to – being part of this incredible Gathering made me more sure than ever that WEAll as an alliance to connect the wellbeing economy movement is really needed. It also gave me a real boost that with the energy and talent that already exists within the movement, we really can succeed in our ambitious goals.

Katherine Trebeck, WEAll Policy and Knowledge lead, sat down with Brazilian media outlet “This is not the truth” to explore the need for a wellbeing economy and how we can get there.