Imagine a world where company success was determined by all the good it does. And where polluters of water, air and soil could not get investment. The Mint talks to Christian Felber about an economy for the common good.
Christian Felber is the founder of an organisation that seeks to overhaul the current dominant economic system. He emphasises that he has never studied economics formally. He lists as the downsides of modern capitalism “unemployment, inequality, poverty, exclusion, hunger, environmental degradation and climate change”. His worldview is, however, not eligible for fringe or eccentric status.
His organisation, Economy for the Common Good (ECG), is part – arguably on the radical edge – of a growing body of thought that questions the ethics and validity of current economics thinking.