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Reframing and Transforming Economics around Life

Carroll School of Management, Boston College, Chestnut Hill, MA 02467, USA
Sustainability 2020, 12(18), 7553; https://doi.org/10.3390/su12187553
Received: 27 August 2020 / Revised: 8 September 2020 / Accepted: 10 September 2020 / Published: 14 September 2020
(This article belongs to the Section Sustainable Management)
This article offers a framework for economics that affirms life to replace the flawed yet dominant paradigm of neoliberal economics. Building an argument for a new set of core memes—core ideas that are the building blocks of stories and narratives (like neoliberalism)—this article presents a proposed set of economics memes that support life drawn from a wide range of sources. The framework’s six memes are: stewardship of the whole; co-creating collective value; governance through cosmopolitan-localism; regeneration, reciprocity, and circularity; relationship and connectedness; and equitable markets and trade, all of which are consistent in supporting other recent economics framings like ‘doughnut economics’. View Full-Text
Keywords: economics; neoliberalism; neoclassical economics; new economics; sustainability; memes; narrative; stories economics; neoliberalism; neoclassical economics; new economics; sustainability; memes; narrative; stories
MDPI and ACS Style

Waddock, S. Reframing and Transforming Economics around Life. Sustainability 2020, 12, 7553. https://doi.org/10.3390/su12187553

AMA Style

Waddock S. Reframing and Transforming Economics around Life. Sustainability. 2020; 12(18):7553. https://doi.org/10.3390/su12187553

Chicago/Turabian Style

Waddock, Sandra. 2020. "Reframing and Transforming Economics around Life" Sustainability 12, no. 18: 7553. https://doi.org/10.3390/su12187553

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