Posts

Written by Anna Haw & Isabel Nuesse

Reposted from 36×36.org

This image which sparked memes all over the internet this last month may compel more people to rethink our consumer-driven habits and current state of our economy….or so we hope. 

As consumers, we rarely give much thought to how the multitude of things we buy make their way across the planet and into our homes. That is, until the Ever Given (400m long packed with up to 18,000 containers) stopped $9.6 billion dollars’ worth of products each day that it was stalled in the Suez Canal. That’s $6.7 million a minute.  This debacle reveals the true scale of our global supply chains, and broader global economic system.

How is it that one ship can have such an impact? That so many goods depend on a single waterway, and that 6 days of disruption can amount to over $50 billion in losses? 

With so much money being lost, resources were swiftly mobilised to solve the frantic halt of the Suez Canal. It’s remarkable really, that our dependence on this consumer culture and our need to keep trading goods catalyzed a global upheaval. 

The focus on incessant GDP growth has necessitated a relentless drive to create and trade goods, no matter the cost to the environment or human wellbeing. 

This shipping fiasco serves as a clear metaphor of our current economic system. We have an economy that lacks resilience, makes little practical sense and is so heavy that changing direction is almost impossible, despite obvious imminent danger. 

The comparatively tiny tug boats and bulldozers working together to dislodge the massive ship are akin to the many initiatives that are working to dislodge the current economic system. What’s needed to uproot the current economic system is a rising tide to provide much-needed support and create an enabling environment to the many profoundly positive new economic initiatives that are desperately trying to change the course of our damaging economy. 

We can create this rising tide.

It will take incredible mobilization, bold action, risk and ultimately embracing long-term goals. 

There was support and media attention at all angles covering the crisis of Ever Given. Yet our current economic framework is a part and parcel of causing these crises. Rather than applying a band-aid at vast expense, or incessantly reporting on how many billions of dollars are being lost, let’s focus on the root of the problem. Are we throwing resources at a framework that is too centralized, single-minded and outdated?

What if a potentially catastrophic  global trade event can be viewed instead as an opportunity to give our  system a re-think? Do we need to keep purchasing goods at the current rate that we are? Can consumers buy less, share more and redistribute our wealth to support initiatives working towards achieving social justice on a healthy planet?  

As the Ever Given moves forward towards its destination with hundreds of other laden ships in its wake, let us not miss the opportunity to think about what our society’s priorities are, and where we’re mobilising our resources. We do have the capacity to catalyse, dramatically shift and re-route our economic system, so what’s stopping us?

Reposted from 36×36 Website

By Isabel Nuesse, WEAll Engagement and Content lead and member of 36×36 project team

Have you been curious about the #36×36 project? We’ve engaged an incredible cohort of womxn in a programme to design the architecture of a new economic future for the world. While inevitably a very tough ask, these womxn have dove right in. 

During an early “meet and greet” call where the womxn were getting to know each other – we asked the question, “If you were an economy tsarista, what policy would you put in place?” Below are some of the ideas that came up in our discussion. From gender parity, to binding codes of conduct for Multi-National Corporations – the visions of these womxn are vast, radical and with enough power, entirely possible.  

Gender

  • Pay adequate wages for care labor and data labor in order to reduce inequality 
  • Reinforce the mechanisms that ensure gender parity in decision making

Education

  • Invest a larger portion of money into transforming education systems to incorporate topics such as climate change and gender equality 

Financials 

  • Institute Universal Basic Income (UBI) 
  • Defund militarism and redirect funds towards other more impactful sectors such as education, health and agriculture 
  • Change our metrics of prosperity from GDP to Gross Ecosystem Product (GEP)
  • Greater transparency of financial flows to see what’s happening so countries can align actions with values – and put participatory budgeting at all levels 
  • Global debt jubilee for the Global South
  • Get rid of taxes as a whole – and find more creative ways to make up for it – i.e. using non-profit models.
  • Close down tax havens. Make sure the taxes are spent in local areas where they were created.  
  •  Write off all the loans that are owed to the World Bank 

Process/ Collaboration

  • Facilitate a global dialogue around the world to discuss and collaborate on our collective wants and needs 
  • Fewer bureaucratic processes to ensure greater efficiency when dealing with paperwork 
  • Create a structure that supports grassroots community initiatives

Production of Resources

  • Binding code of conduct for multi-national corporation (MNCs) 
  • Make prices reflect the true costs of products and services  to actually reflect the environmental and social externalities 
  • Withdraw subsidies and tax cuts from the largest transnational corporations and use that money for seed funding for not-for-profit businesses

Wellbeing 

  • Take care of wellbeing surrounding the self- and allow that to ripple out across the world. Meaning, the energy of wellbeing to transform from person to person. 
  • Make indigenous wisdom the default
  • Ask the question of what behaviours do we want to encourage?

These  ambitious ideas are some of the seeds from which the 36×36 network will grow. The womxn are now participating in learning modules, thematic exchanges and peer-led sessions to deepen their collaboration. We are so excited to be on this journey with them.

If you’d like to keep up to date with the project and be the first to hear about ways to engage further with 36×36, sign up to our newsletter below.

As part of our work to amplify the important work in the Wellbeing Economy movement, these WEAll Weekly Update blogs will share some of the latest and greatest updates from our membership and beyond. Please use the comment box to share any relevant updates from this week and keep the conversation going!

Weekly Reads

Changing Words to Change Society: The Marriage Equality Case in the US

By focusing on what Susan Blackmore calls memes, core ideas that help shape culture, like words and phrases, we wanted to visualize whether a controversial issue like marriage equality and the language used to describe it changed over time

Participation and Change: Lessons From the Future

“Participatory processes are giving us glimpses of how we can mainline public opinion into decision-making and regulate for the type of climate action that would match public concern. I am certainly excited by the developments and momentum in participatory and deliberative democratic processes. But how confident are we that these types of process will always truly reflect a public mandate?”

Building the Transition Together: WEAll’s Perspective on Creating a Wellbeing Economy

There is not one blueprint for a Wellbeing Economy; the shape, institutions and activities that get us there will look different in different contexts, both across countries and between different communities within countries. However, the high-level goals for a Wellbeing Economy are the same everywhere.

Guia Prático e Interseccional Para Cidades Mais Inclusivas – Sarah Gamrani (#36×36)

Covid-19 and 21st century public ownership

“In place of extraction, we need to mainstream generative forms of enterprise: purposeful business serving social and environmental needs, providing decent, rewarding forms of work, and building sustainable, equitably shared wealth.”

The Biggest Payoff From Stockton’s Basic Income Program: Jobs

People who received the cash reported less pain, anxiety and fatigue, and spent more time with their kids. But perhaps the most significant change associated with the program was its effect on their work status: Among recipients, the rate of full-time employment leaped 12 percentage points over the course of just one year.

L’Internationale Online

“This collection draws upon the complexity of ethical, ecological and political frameworks and reveals other perspectives on the current crisis through critical essays, storytelling, science fiction, biomorphic design, audiovisual traces of artistic practices and allegorical maps”

Budget 2021: Five priorities for a green and fair economic recovery | APPG letter to the Chancellor, 1 Mar 2021

“Every decision that the Treasury makes should be through a climate, nature and equality lens, and this budget must be the start.”

Relationship-to-Profit: A Theory of Business, Markets, and Profit for Social Ecological Economics – Jennifer Hinton

“The result is a new theory about how relationship-to-profit (the legal difference between for-profit and not-for-profit forms of business) plays a key role in the sustainability of an economy, due to the ways in which it guides and constrains actors’ behavior, and drives larger market dynamics.”

Job Openings & Opportunities

What to Watch

Listen Up

Upcoming Events

WEAll Originals  

Blogs:

Publications:

From the Archives

The 36×36 project has officially commenced! This exciting initiative brings together femxle leaders from around the world to co-create a revolutionary architecture for the global economy. 

The neoliberal economic “story” has proliferated around the globe for decades, legitimising a huge concentration of wealth and power and the destruction of our environment. This story, based on “trickle-down”, free-market ideas, was crafted by a group of 36 men in 1947, at a resort in Switzerland. Despite the widely recognized failures of this economic ideology, it continues to dominate the way that we organise and govern systems of production and exchange. 

The Schumacher Institute, Collective Leadership Institute and Wellbeing Economy Alliance collaborated around the exciting notion that if 36 men could shape the old economic system, womxn could come together to transform it and create the new economy we all need. 

The three partner organisations were energised by the idea of a network of femxle leaders – a network that, far from being a closed shop like the “boys’ clubs” of old, would be diverse, collaborative and inclusive from the start. The first 36 womxn would be just the beginning of a femxle revolution in economic thinking – hence the idea of 36 by 36: a multiplier effect. 

“Up until the 21st century women’s voices were almost absent in the economic and finance discourse and decision making.  This project is a step in the direction for women to have an equal say.  It is absolutely crucial for the future of people and planet.” – Vala Ragnardottir, Schumacher Institute

After months of project development, outreach and dozens of incredible applications, the 36×36 project has now brought together a cohort of impressive womxn involved in a diverse range of pursuits to co-create this new vision. From 24 countries and a hugely diverse range of backgrounds, these womxn are already leading the way to a new economic system. Together, their change-making power multiples – find out who they are here.

What will they do?

The womxn will participate in a certified leadership program, interrogating the dimensions of a new economic system and what it will take to get there. They will host a series of public events to bring wider knowledge into the process, and they will collaborate on their shared challenges to advance their own work., All of this will culminate in a visionary manifesto that will lay out what is needed to change our economic system. 

 “Womxn have been in the forefront of naming the problems with prevailing economic thinking and practice. It is time that they take the lead in reinventing the purpose of economy: caring and serving life on this planet. And it is time that they become the drivers of transformations.” – Petra Kuenkel, Collective Leadership Institute

How can I get involved?

Over the next 9 months, these womxn will embark on a journey together to spark a femxle-led revolution in economic thinking. We invite all of you into this process: the programme and manifesto aim to reflect the wider new economic movement. 

“Economics continues to be dominated by old, white men and if we are serious about rebalancing the world, we must also rebalance the economics discipline. 36×36 provides an opportunity to build a transformative network, demonstrating that a different economic system is not only possible but just a few strategic decisions away” Amanda Janoo, WEAll 

To stay updated about the progress of 36×36, and hear about ways to get involved, check out the following:

36×36 Website

36×36 Newsletter

WEAll Citizens Platform, “36×36 Femxle Economic Revolutionaries group”

(WEAll Citizens > Groups > “36×36 Femxle Economic Revolutionaries”)

Calling all femxle change makers! 

We’re accepting applications for the new 36×36 project, which will gather next generation femxle professionals from all over the world, to develop the pillars for our economic future. 

Why?

The current neoliberal economic “story” was created in 1947, in a Swiss resort called Mont Pelerin by 36 men. These Western Male thinkers disseminated this story and their value system around the world. It’s time to rebalance that perspective: it continues to dominate our current thinking of how to manage our global economic system and underpins much of the decision making in the world.

This thinking is the root cause of the climate emergency, resource depletion and social inequalities. 

Now, it’s time to change that story. 

We urgently need new visionary economic thinkers and professionals who can build a balanced economy, which unites a variety of approaches to foster human flourishing and wellbeing on a healthy planet.

How?

The application process for the 36×36 project launches this week. It will bring together 36 next generation femxle professionals between the ages of 25-40, who are committed to building a more just and sustainable world. 

This applies to any proactive femxle who is passionate about building economies focused on supporting life on earth and planetary wellbeing.These young protagonists can be thinkers, practitioners, activists, policy developers or researchers. 

This program will be hosted online between February and October 2021. A global gathering is planned in Sweden at the end of September 2021. 

Over this 9-month period, the 36×36 grouping will receive online professional education in “Strategising Transformative Change”, engage in online exchanges around new economic theories and approaches, collaborate on new prototypes to materialise these strategies in practice, create a manifesto which will identify the essential building blocks of new economic architecture and ultimately, become a part of a global femxle transformation network to implement a new economic story. 

This is about changing the future. This project is funded by the Postcode Foundation in Sweden and launches today. Applications are open until December 31. Please check out our new  website, and learn more about how you can get involved.

* The term femxle / womxn encompasses all persons identifying as female/ woman, and is used throughout this project to be inclusive.

Brought to you by: