New Wohlstand IRM

Caroline Shenaz Hossein, an Associate Professor of Global Development and Political Economy at the University of Toronto, shares her vision for a cooperative-based economic model. She emphasizes the need to reshape our understanding of success, focusing on communal well-being and solidarity economies over traditional capitalist models.

Caroline highlights her work with the Diverse Solidarity Economies Collective, a group of feminist economists dedicated to creating an economy that prioritizes people over profits. She also discusses the significance of the “banker ladies,” women organizing finances through mutual aid systems, and how their work exemplifies a people-centric approach.

Caroline reflects on her upbringing as a diasporic child with Caribbean roots, noting the importance of togetherness and mutual support in shaping her values. She advocates for recognizing the diverse economic systems that exist beneath the surface and integrating them into mainstream discourse. Ultimately, she envisions a shift from profit-driven goals to models that prioritize social profitability, community engagement, and well-being, paving the way for a regenerative and inclusive market economy.

Isabel Gennaro, a social innovator, shares her personal journey of discovering her purpose and passion for creating systemic change. She recounts her experiences growing up in Brazil, witnessing poverty and inequality, and how it shaped her perspective on the world. Isabel highlights the moment she realized that everyone is living a life where they don't feel good, and how that sparked her desire to question everything and seek a different path. She also discusses the significance of her mentor, a shaman, and the impact of spirituality on her life and work. Through her story, Isabel emphasizes the importance of getting out of the mind and into the feeling world, where unity and a different quality of life can be found.

In this thought-provoking conversation, Gaya Herrington shares her insights on what a good life for all might look like and the kind of society and economy we need to make it a reality. Gaya, an economist and sustainability researcher, gained recognition for her research validating the predictions of the Limits to Growth report, which has led her to explore and advocate for a wellbeing economy.Throughout the discussion, Gaya emphasizes the importance of shifting from a growth-based economy to one that prioritizes human wellbeing within planetary boundaries. She highlights the need for a holistic approach, including changes in government policies, business practices, and individual mindsets. Gaya also shares her vision of a society where people understand that they are enough, fostering a sense of contentment and altruism.Gaya's work and ideas offer a path towards a more balanced and equitable future, inviting us all to reconsider our values and the systems that govern our lives. To learn more about Gaya's research and ideas, download her free book "Five Insights for Avoiding Global Collapse" at GayaHarrington.com.

In this episode we are joined by Catherine Trebeck, an advocate for economic system change and co-founder of the Wellbeing Economy Alliance. Catherine shares her journey from working in international trade to advocating for a wellbeing economy, inspired by a conversation with a lecturer who encouraged her to look upstream and question the political economy. Catherine reflects on the power of understanding our common humanity and the importance of recognizing our shared needs and values. She emphasizes the need for a broader base in the economic change movement and the importance of making connections between our common human needs and the economic system. Catherine envisions an economic system that delivers collective wellbeing for people and the planet, where businesses are owned locally, energy systems are renewable, housing is energy efficient, and prices reflect the true costs of goods. She encourages us to recognize and celebrate our common humanity and to lead with empathy, compassion, and solidarity.

Adi Cohen, a traveler, architect, and podcast host, discusses what a good life looks like for everyone on the planet and how a society can be designed to optimize for that life. Adi believes that a good life is having free time and the ability to follow one's passions. She also emphasizes the importance of community and understanding one's values in order to find people with aligned values and build a supportive community. She encourages seeking out new experiences and learning from the past in order to live a fulfilling life.In terms of a society that optimizes for a good life, Adi suggests that it should prioritize community, cooperation, and sustainability. She believes that by focusing on these principles, a society can create an environment where individuals have the freedom and support to pursue their passions and live fulfilling lives.

In a world where success is often measured by wealth and status, Asmita Dwivedi challenges us to redefine our understanding of prosperity. Asmita is an entrepreneur, business consultant, and impact investor who has dedicated her career to creating a more equitable and sustainable world. In a conversation for the Regenerative Market Economy podcast, Asmita shared her insights on the importance of empathy, diversity, and a global minimum standard of living in creating a world where businesses, communities, and individuals thrive in harmony with nature and each other.Asmita's journey has taken her from running a small business with 900 workers in India to consulting for M&A in Sweden. Along the way, she has learned the value of understanding different cultures and perspectives. She believes that empathy and curiosity are key to creating a more equitable world.When it comes to Maslow's hierarchy of needs, Asmita challenges us to think beyond the traditional definition of basic needs. She argues that a global minimum standard of living is necessary to ensure that everyone has access to the resources they need to thrive. This includes not only food, shelter, and healthcare, but also education, leisure, and the ability to pursue one's passions.Asmita also emphasizes the importance of finding balance between structure and chaos. She believes that a regenerative market economy is one that prioritizes the well-being of all people and the planet over profit. This means recognizing that our well-being is interconnected and that our actions have a ripple effect on those around us.To create a regenerative market economy, Asmita encourages us to practice empathy and curiosity in all of our interactions. She believes that by understanding and valuing different perspectives, we can create a world where businesses, communities, and individuals thrive in harmony with nature and each other.Asmita also emphasizes the importance of diversity and skilling in creating a more equitable world. She believes that by investing time in learning and understanding different perspectives, we can create a more inclusive and sustainable world.Ultimately, Asmita's vision for a regenerative market economy is one where we prioritize people and the planet over profit. She encourages us to redefine success, growth, and progress in a way that prioritizes the well-being of all people and the planet. By creating a world where businesses, communities, and individuals thrive in harmony with nature and each other, we can create a more just and sustainable future for all.