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Nested between the current core sectors of the economy: Government, For-Profit Business and Non-Profit Organisations, the newly evolving 4th Sector is a space for business to be a force for change. It leverages both business and profit to benefit people and the planet.

We are in dire need of innovative solutions to ensure we rebuild our economy better than it was before COVID-19.

Our new WEAll Member, 4th Sector, believes that in order to Build Back Better, we must harness the power and potential of the 4th sector to address our most pressing challenges, ranging from quality healthcare for all, to unemployment, education, digital access, housing, poverty, structural inequality, climate change, and more!

With this in mind, 4th Sector has launched a way for you to get involved in the development of a new economy: the Building a Better Economy Policy Hackathon!

The Hackathon is designed to support governments to prioritise spending in service of the common good and spur the development of effective policy solutions that governments can deploy.

Over the next few weeks, 4th Sector, will be accepting new participants to ideate solutions that support a better economy – and thus, world.

There are a number of Policy Issue Areas, ranging from agriculture, to democracy, trade, transformation, and Youth. Check out the online platform, submit your policy and let’s move from ideas into action.

  • A number of solutions for a better economy have already been submitted, including:
  • Digital and connected technology to improve access to healthcare
  • Shifting mainstream investment practices towards an impact-centered model
  • Capacity building for careers in purpose-driven economy
  • Land mobilisation and livelihood initiatives through Tribal Leadership
  • Critical 21st-century digital literacy for all
  • New Carbon Border Adjustment Mechanisms to achieve the targets of Zero emissions
  • Investment into the creative economy to support artists

Join the 4th Sector community in the development of a better economy by signing up to participate in the ‘Building a Better Economy Policy Hackathon’.

For more information on 4th sector, visit their website or find them on Twitter and Linkedin.

Our economic system is driving us towards a perfect storm. We are facing ecological breakdown. Rising debt is threatening a new financial crash. Inequality is pulling societies apart.

WEAll member Promoting Economic Pluralism (PEP) is challenging the scientific prestige of the Nobel Prize, which for 50 years has given authority to economic ideas at the heart of this system. And even though the stark consequences of the 2008 financial crisis are still felt today, these out-dated ideas remain dominant.

We urgently need to reroute society away from this catastrophic path. That starts with fresh economic thinking.

Who are the thinkers and doers finding the economic solutions we need to meet the challenges of the 21st century? Help PEP find them and celebrate them.

And join the discussion about whether economics, as it stands today, is worthy of a Nobel Prize.

Find our more about the Nobel Prize in Economics and its influence in PEP’s blog here.

HOW?

You can now get go to the new online platform here where you can nominate, discuss and vote on who you think are providing the thinking and action we need for the 21st century.

Read articles on Nobel Economics Prize winners here in PEP’s magazine, The Mint. Join the discussion on social media #NotTheNobel.

Voting for the three finalists for the Not the Nobel Prize will open on 23rd September.

WHEN? WHERE?

The winner of the Not the Nobel Prize 2019 will be announced at an event in London on Thursday 3rd October between 7pm and 8pm (GMT/UT). This will follow a panel discussion of the finalists. It will be live-streamed around the world.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel – often called the Nobel Prize in Economics – will be announced on Monday 14th October.