4 Day Work Week - it is time

The concept of a four-day work week has been gaining momentum worldwide, and in Sweden, the Green Party recently expressed their desire to see it implemented. It's not surprising that this idea is gaining traction; what’s more surprising is that it hasn’t happened sooner. With the industrial revolution came the standardization of working hours, and this structure has stayed largely the same for decades, despite significant advances in technology, productivity, and social progress.

 

How the work week was standardized

During the early 20th century, the idea of regulating working hours began to take root. The Ford Motor Company famously introduced the eight-hour workday in 1914, which was revolutionary at the time. In Sweden, the eight-hour workday became law in 1919, although a six-day work week still remained the norm.

It wasn’t until 1971 that the 40-hour, five-day work week became legally established in Sweden, cutting back the days worked but retaining the eight-hour day. Even now, 79% of Swedes still work according to this model, despite societal advancements and the ability to work more flexibly in some sectors. Over the past 50 years, there has been little change to the structure of the work week, though some companies have experimented with a 38-hour work week or introduced more flexible hours.

 

Why haven’t we made more progress?

With remarkable economic growth, technological innovations, and improvements in social systems such as parental leave, one might wonder why these advancements haven’t translated into more free time for workers. After all, isn’t the goal of progress to enhance our quality of life—such as the right to choose what to do with one’s time?

This isn’t just a matter of individual choice. Reducing work hours voluntarily (which means reduced income), is a privilege that most people, particularly those in essential jobs such as teaching, healthcare, and public services, simply cannot afford. High housing costs, stagnant wages, recently inflation and rigid workplace structures mean that many workers cannot take time off without sacrificing their financial security. Moreover, reducing hours can impact pensions, parental leave benefits, and career prospects, making it an unrealistic option for the majority.

 

The productivity puzzle

An often-discussed aspect of the four-day work week is its impact on productivity. In recent years, several studies have shown that true productivity is often far lower than the time spent at work suggests. In the UK and Canada, research has indicated that most employees are only productive for 1.5 to 2.5 hours a day. These findings align with John Maynard Keynes’ prediction in the 1930s that humans, with the rise of automation, would eventually only need to work around 15 hours a week.

Interestingly, the four-day work week has proven to maintain, and in some cases even boost, productivity. In 2019, Microsoft Japan trialed a four-day work week and reported a 40% increase in productivity. In 2022, the UK conducted one of the largest four-day week trials involving 73 companies and 3,300 employees. The results showed that not only did productivity remain stable, but workers experienced reduced stress, burnout, and fatigue, while their work-life balance and job satisfaction improved dramatically. More than 90% of employees involved in the trial wanted to continue with the shorter week.

In Spain's Valencia region, a pilot program in 2023 scheduled four consecutive Mondays off for workers. Results showed that participants had better health, lower stress levels, and more time to engage in activities such as sports and meal preparation. The program also led to environmental benefits, with reduced commuting resulting in lower nitrogen dioxide emissions.

 

Global perspectives on the four-day work week

The four-day work week isn’t just gaining traction in Sweden or other high-income countries. In Brazil, 83% of workers are in favor of adopting a four-day week, with 76% believing it would increase their productivity. Poland is also considering a four-day work week or five shorter days, with 70% of the population expressing preference for the former.

Portugal’s recent trial involving 1,000 participants found that 95% rated the experience positively and wanted it to continue beyond the six-month test period. In Hong Kong, two-thirds of employees have expressed support for shorter working weeks. In Ireland, unions representing civil service workers have pushed the government to consider a similar trial.

Even in sectors like healthcare, where staff shortages are a concern, a four-day work week could prove beneficial. In the Netherlands, a study found that 82% of hospital staff believed that shorter working weeks would help attract and retain colleagues, while 93% expected an improvement in job satisfaction.

 

Critics and concerns

Critics argue that reducing the work week could exacerbate staff shortages in essential services like healthcare and education. There are concerns that compressed work hours could lead to increased stress, as employees struggle to complete the same amount of work in fewer days. There is also the issue of potential impacts on GDP growth, particularly in countries with aging populations and labor shortages.

However, proponents of the four-day work week emphasize the long-term benefits, such as reduced absenteeism, lower employee turnover, and improvements in physical and mental health. Economist Juliet Schor, who has studied shorter work weeks extensively, believes that working less is not only beneficial for individuals but also key to addressing global challenges such as climate change.

 

Moving forward: Redefining progress

The discussion around the four-day work week highlights a crucial point: productivity is only one measure of progress, and it shouldn’t be the only one. Instead, we should focus on improving overall well-being. A society where people have more control over their time—whether through a four-day work week, a six-hour workday, or a 30-hour work week—is one that values human beings over labour output.

This isn’t just an issue for the Global North. Workers everywhere, from Sweden to Brazil to Hong Kong, should benefit from the advancements that make shorter work weeks possible. More time off means more opportunities to spend with family, engage in community activities, pursue creative endeavours, or simply rest.

Ultimately, the reason to support a four-day work week is not just to increase productivity but to allow people to live fuller, more balanced lives. As more companies, unions, and governments explore this idea, it’s clear that reducing work hours should become a defining feature of human progress. If you would like to have a four-day work week as the legal norm, inform your workplace, ask your union what they do and vote or ask a political party in your country!

Sources: European Commission, Expertvalet, Vision, World Economic Forum and the 4 Day Work Week Global.

Happy Countries that doesn't cost the earth

Last week, the Happy Planet Index 2024 report made its debut, published by the HotorCool Institute. My acquaintance with the HPI index dates back to my master’s research in 2017, delving into welfare measures. The HPI calculates life expectancy multiplied by self-reported well-being and then divides the result by consumption-based carbon footprint. I recall that in 2018, the equation involved the ecological footprint instead.

This year's report, drawing data up to 2021, seeks to spotlight countries achieving individual well-being and longevity while maintaining a low carbon footprint. According to the latest UNEP emission report, the safe threshold for carbon emissions stands at 3.17 tons per person. Self-reported well-being data stems from the World Happiness Report Gallup-backed data, scored from 1 to 10, while life expectancy data is sourced from the United Nations, Department of Economic and Social Affairs, Population Division (2022).

 

Life expectancy

Self-reported wellbeing

Carbon footprint

The overall HPI

Surprisingly, the top scorer this year is Vanuatu, an idyllic island nation in the South Pacific. With a life expectancy of 70.4 years and a self-reported well-being score of 7.1 out of 10, Vanuatu has a carbon footprint well below the globally fair share of 3.17 tonnes CO2e per capita.

Sweden claims second place, boasting significantly higher life expectancy and self-reported well-being compared to the affluent nation of Sweden (83.0 years and 7.4 out of 10, respectively). However, Sweden's per capita carbon footprint is more than three times larger. Nonetheless, it still maintains a lower carbon footprint compared to most similarly wealthy countries, standing at 8.7 t CO2e per capita in 2021 – a figure 16% less than Germany's and less than half of the USA's per capita footprint.

Costa Rica, a perennial leader in the HPI since 2009, has slipped to fourth place, partially due to the adverse effects of the COVID-19 pandemic. Nevertheless, it's remarkable that despite a carbon footprint slightly above the fair consumption level at 4.4 tonnes CO2e per capita, Costa Rica continues to achieve some of the highest levels of well-being globally.

 

Regions development

The report underscores a common focus on citizen well-being and public investment among these top-performing countries, although as a Swede, I've observed a contrary trend in recent years. The crux is that high carbon emissions and robust GDP growth are not prerequisites for well-being and longevity. Among the top ten countries with the highest per capita GDP, six have below-average HPI scores, suggesting that prioritising GDP alone does not necessarily lead to enhanced well-being within environmental limits.

For the first time, this report delves into inequalities within HPI scores within countries, revealing stark differences. In the USA, for instance, the top 10% of earners exhibit an average carbon footprint of 68.7 tonnes CO2e per capita, compared to 23.6 tonnes for the eighth income decile. The corresponding benefit in well-being is marginal, indicating that high-income earners with significant carbon footprints experience little improvement in self-reported well-being. Interestingly, excluding top-income earners would significantly boost HPI in Mexico due to their disproportionately high carbon emissions.

HPI doesn't aim to supplant GDP but rather emphasises the need for alternative measures and indicators that truly capture what matters. It's a call for prioritising happy life years as a proxy for society's ultimate goal, echoing a demand for such indicators from organisations like the IUCN (World Conservation Union).

Furthermore, HPI in relation to GDP reveals that GDP alone doesn't contribute significantly to HPI. While there's a modest increase in average HPI with GDP up to a certain threshold, the relationship weakens thereafter, explaining only 21% of the variation in HPI. Notably, this relationship is strongest for low-income countries, suggesting that GDP may contribute to well-being and life expectancy in such contexts without significantly increasing carbon emissions.

 

References to different indicators in the media

Reflecting on trends over time, the pandemic has undeniably impacted HPI, albeit differently across regions. West Europe, for instance, witnessed a rise in life expectancy alongside a reduction in carbon emissions, albeit insufficient to meet the Paris Agreement targets. Conversely, in East Europe, emissions remained stagnant while well-being and life expectancy increased.

Finally, the report underscores the role of climate action in addressing inequality, highlighting that the top 10% of income earners globally contribute roughly half of all emissions. In Europe, this group's carbon footprint surpasses that of the bottom 50% of the population, emphasising the imperative of tackling inequality to combat climate change effectively.

In essence, it's time to redirect our focus towards what truly matters and measure our progress accordingly. By addressing major challenges and prioritising well-being and planetary prosperity, we can pave the way for a more sustainable and equitable future.

Read the report here!

The Common Good Economy Conference 2024

Or maybe I shall call it by its formal name, the ECG International Conference, is taking place on 3-5 June 2024 in Leeuwarden, Fryslân, The Netherlands. The theme of the conference is Converging Future-Fit Economic Models: Advancing Just and Sustainable Regions. It is the third conference for the Economy for Common Good. Previous events happened in 2019 and 2022. This time businesses, academia, civil society and the public sector will meet to discuss topics ranging from the need for a GDP successor, new sustainable economics models, water and energy, circular and biobased economy, regenerative models, leadership and spirituality, among other things.

Some of the key speakers and roundtable plenary participants are Kate Raworth (founder of Doughnut Economics), Ebhang Liepollo Pheko, Katy Wiese, Jason Nardi (Solidarity Economy), Bas Van Bavel, Paul Schenderling and the founder himself of Economy for Common Good; Christian Felber.

I will personally attend the event and I’m very much looking forward to listening to some of the top experts in the field of how we can transform and improve our economic system to meet socio-ecological goals. What I like about the Economy for Common Good is the applicability and the business-friendly approach. It is a framework that allows all stakeholders to act and participate. It enhances a free market based on solidarity, equality and social improvements.

I hope you will join as well and if you are a student, there’s a generous discount available.

I will travel from Stockholm to the Netherlands by train and highly recommend you check out DK to find your train ticket to the conference.

I hope to see you there.

Global Democracy back at 1985 years level

In 2024 64 countries, plus the European Union is holding elections. That means 49% of the global population is voting this year. A good sign for democracy or how democratic is the world?

Over the years, organizations like Varieties of Democracy (V-Dem) have tracked democratic development across nations. The latest report from V-Dem, spanning from 1973 to 2023, paints a concerning picture of global democracy trends.

 

The Retreat of Democracy

The 2024 report highlights a disconcerting reality: autocratization continues to be the dominant trend, mirroring patterns observed in previous years. What's particularly alarming is the nuanced analysis of regime changes. While some countries show signs of improvement after a period of decline (U-turns), others experience democratic declines despite recent improvements (Bell-turns). This volatility underscores the fragility of democracy and the need for nuanced scrutiny.

 

Democracy in Decline

The data indicates a regression in democratic values over several decades. By country-based averages, democracy has regressed to 1998 levels, while for the average person, it's back to the state observed in 1985 (!!!). This retrogression is not uniform; instead, it's starkly pronounced in Eastern Europe and South and Central Asia.

 

The Autocracy Surge

The divide between democracies and autocracies remains almost evenly balanced on paper. However, the distribution of populations paints a different picture. A staggering 71% of the world's populace resides in autocracies, a significant increase from a decade ago. Electoral autocracies, in particular, are home to a substantial portion of the global population, with 44% residing in such regimes.

 

Democratic Erosion

The erosion of democratic institutions is a global phenomenon. Freedom of expression, a cornerstone of democracy, is deteriorating in more countries than it's improving. Similarly, clean elections, once considered relatively stable, are now experiencing deterioration in multiple nations. This decline extends to freedom of association, further constricting civil society's ability to function autonomously.

 

Trends of Regime Change

Of the 60 countries experiencing regime transformation, the wave of autocratization is particularly noteworthy. India, accounting for a significant portion of the world's population, stands out in this regard. While there are tentative signs of the autocratization wave slowing down, caution is warranted in interpreting these trends. On the flip side, democratization efforts are limited, with only 18 countries making strides in this direction.

 

Hope Amidst Challenges

Despite the negative trends, a few countries are becoming more democratic. Yet, we have to remember that the road to democratization is fraught with obstacles, and setbacks are common! Democracy needs to be preserved, guarded and cared for. The upcoming national elections serve as critical junctures that can either propel democratization or further entrench autocratic regimes. If you're able to vote this year, make sure you vote for parties ready to guard our human right to vote, participate in elections and freedom of speech.

Beyond Growth Conferences in 2024

20-21 March Copenhagen, Denmark

UX Copenhagen - Join us for our 10th annual “Human Experience” conference – in Copenhagen or online. The theme for 2024 is “Degrowth and Consumerism”.

Learn more here!

 

18-19 April rome, Italy

Beyond Growth Conference Italia 2024. With Kate Raworth, Jason Hickel and many more.

Learn more here!

 

12-15 May Austria

Beyond Growth Konferenz. Die Beyond Growth Konferenz Österreich 2024 ist ein Kongress nach dem Vorbild des gleichnamigen Events im EU-Parlament in Brüssel.

Learn more here!

 

30-31 May Copenhagen, Denmark

Konference om trivselsøkonomi by Wellbeing Economy Alliance Denmark.

Learn more here!

 

3-5 June Leeuwarden, Netherlands

Economy Common Good International Conference 2024. The III ECG International Conference (ECGIC24) “Converging Future-fit Economic Models: Advancing Just and Sustainable Regions” will be held on June 3, 4 and 5, 2024.

Learn more here!

 

18-21 June Pontevedra, Spain

The 10th International Degrowth Conference and the 15th Conference of the European Society for Ecological Economics (ESEE). The event is titled 'Science, Technology, and Innovation Beyond Growth: Cultivating Collective Creativity for a Sustainable Future’.

Learn more here!

 

25-26 June dublin, Ireland

Rethinking Growth Conference Ireland. This high-level event, organised by the Wellbeing Economy Alliance Ireland Hub, builds on the influential Beyond Growth Conference, a cross-party initiative of 20 Members of the European Parliament which took place in Brussels in May 2023.

We aim to bring together politicians from across the political spectrum in the North and South, policymakers, practitioners, thought leaders and civil society from all around the island to reimagine the concept and role of economic growth, to explore current challenges being faced in both jurisdictions and to build better foundations for a wellbeing economy for the island of Ireland.

Learn more here!

 

France end of September

Un projet de Décroissance. More information is coming.

Learn more here!

 

4-6 November Rome, Italy

OECD World Forums on Well-being. Over the last two decades, the OECD World Forums on Well-being, formerly known as the World Forums on "Statistics, Knowledge and Policy" have been pushing forward the boundaries of well-being measurement and policy. By bringing together thousands of leaders, experts and practitioners from around the world, and from policy, statistics, research, business, philanthropy, and civil society, the Forums have helped to spur action across multiple domains, playing a pivotal role in the "Beyond GDP" movement, and building evidence and know-how to put people’s well-being at the heart of measurement, policy and practice. 

Learn more here!

The CEO to Worker Ratio - A symptom of a broken system

Have you ever heard of the CEO-to-worker ratio? This ratio measures how much the Chief Executive Officer (CEO) earns compared to the workers. It can pertain to an industry, a specific company, or a group of companies where the average salary of the CEO is compared with the average salary of the workers. Why does this measurement matter? Because it reflects something about our economic system. A larger salary for a CEO compared to a worker is typically justified based on the CEO having more experience, more responsibility, and being more productive. However, how wide can that ratio be to be justified? How much more does a CEO truly contribute to the prosperity of the firm compared to its workers? Is it 5-1? 10-1? Let’s say a typical worker earns €3500 per month; a 5-1 ratio would mean that the CEO earns €17500. Would that be reasonable? You might argue it depends on the size of the firm. However, the ratio is far from 1-5. Here are some statistics:

In 2021, the CEO-to-worker compensation ratio was 399-to-1.

In 2020, the ratio was 366-to-1.

In 1989, the ratio was 59-to-1.

In 1965, the ratio was 20-to-1.

What does this mean? It means that CEO wages have increased way more than those of typical workers. From 1978 to 2021, CEO compensation grew by 1,460%. In contrast, the compensation of the typical worker grew by just 18.1% during the same period. For example, McDonald’s CEO Chris Kempczinski earned 2,251 times more than the average McDonald’s worker, and Starbucks’s ex-CEO, Kevin Johnson, earned 1,579 times more.

This ratio also varies between different countries. According to Statista, the ratio is higher in the United States and lower in countries such as China and Germany. According to a BBC article referring to OECD data, the ratio in Sweden is 60-1, which means a CEO in Sweden only needs 5.5 days to earn a typical worker's yearly salary.

Ratio between CEO and average worker pay in 2018, by country. Source: Statista

 

Another perspective that needs to be added is that, given the current high inflation rates in Sweden and internationally, wages adjusted for inflation have decreased in the last couple of years, making the situation even worse for typical workers and the poor.

Real wages percentage change between 2020 and 2022. Source: Medlingsinstitutet

Where does this growth come from?

It comes from CEOs having more power to set their wages, but also from a significant portion (80% in the US, according to the Economic Policy Institute) of their compensation being stock-related. In other words, CEOs benefit from profits and stock market performance, while typical workers do not. This strong trend of increasing CEO compensation has also concentrated more wealth into the hands of the top 1% or 0.1% of the population, making the remaining 90% poorer in comparison. Inequality has skyrocketed, and this is one of its drivers.

What to do about it?

Inequality is not only morally wrong; it also harms the economy. This ratio needs to decrease, and typical workers must be better compensated for their contribution. That means strengthening unions and their bargaining power, increasing their ability to have a say in top compensation. It also involves increasing the income tax of the top earners in the economy and implementing and enforcing regulations that prevent firms from gaining large market shares. It is healthier for the economy to have several smaller firms competing. Moreover, it is healthier for society if typical workers can earn a good living while CEOs are fair, not fairy-tale, compensated.

 

For more insights on our economic system and system-thinking concepts sign up for my newsletter! These are built on principles of wellbeing and always guide readers on their inner sustainability journey too. Be a part of the mission towards a more sustainable world.

What is the Mordor Economy?

Recently I listened to Nate Hagens's Podcast The Great Simplification where he is being interviewed by the economist Kate Raworth about the concepts he presents in the podcast, the purpose behind the podcast and his background (which he seldom shares, since he doesn’t want to focus on himself rather the world systems we live in). At one point he mentioned the “Mordor Economy”. As a Lord of The Rings fan, it grabbed my attention. That our current economic system might lead to destruction felt like a good metaphor, but how does the Mordor Economy operate? These were some thoughts that crossed my mind and I felt like I needed to dive deeper into the concept.

The concept is built on the fact that a larger share of our economy (GDP) is now used towards extracting and producing energy. It used to be as low as 5% now we are heading to a ratio of 15%. This is because what used to be cheap fossil fuels are getting harder to get. In other words, a larger share of GDP is about getting energy instead of giving benefits to society.

At the same time, as this energy is produced more environmental destruction occurs. Renewable energy needs materials and dirty fossil fuels need clean-ups. In other words, the cost of getting that energy increases because of the repair that needs to be done in order just to keep nature as intact as it is today. These two trends are not just hypothetical since we know that energy efficiency hasn’t decreased to match the increase in energy consumption.

GDP growth is 99% related to energy consumption and 100% relates to material use. In the Mordor Economy, 50% of the GDP is used for just getting energy and 50% is used just to take care of the damage that energy production created. Nothing is left for the society. We are trapped in Mordor.

For more insights on our economic system and system-thinking concepts sign up for my newsletter! These are built on principles of wellbeing and always guide readers on their inner sustainability journey too. Be a part of the mission towards a more sustainable world.

Why We Must Leave GDP Behind

In times of increased risks of economic recession and the inability of welfare states to meet the needs of their citizens, the questioning of our economic system has been brought back to light. Currently, about 1/5 of all EU citizens are at risk of poverty, where the young are especially vulnerable. A situation that hasn’t changed much in the last decade. It is not new criticism; the environmental movement has, for a long time, raised warnings about the coupled relationship between environmental destruction and climate change with GDP growth. A criticism that has been met with the idea of Green Growth is that modern technology and the efficiency of the market can solve the problem, even though the scientific evidence points to the opposite. Current criticism, however, brings up the social factor too because what is the point then with GDP growth if livelihoods don’t get any better and citizens are struggling? Wasn’t that what we sacrificed the environment for in the first place?

 

Photo: Adam Smith Institute

What is GDP?

The concept of GDP has its roots in the aftermath of the Great Depression. In the 1930s, economists were searching for a reliable measure to assess economic activity and guide policymakers in responding to economic challenges. Simon Kuznets, an American economist, is often credited with developing the first comprehensive system for measuring national income and output, laying the groundwork for what would later become GDP. However, the term "Gross Domestic Product" itself was not widely used until the 1940s.

GDP is calculated using three different approaches, each providing a slightly different perspective on economic activity:

  • Production approach (or Output method): This approach calculates GDP by adding up the value of all goods and services produced in the country during a specific period.

  • Income approach: GDP can also be measured by summing up all incomes earned by individuals and businesses in the country, including wages, profits, and taxes.

  • Expenditure approach: This approach calculates GDP by adding up all expenditures made in the economy, including consumption, investment, government spending, and net exports (exports minus imports).

GDP growth indicates that the economically measured monetary output is increasing. Real GDP means that it has been adjusted based on inflation, as increased activities typically coincide with inflation. Regardless of which method one is using, some factors added percentage change can result in GDP growth. The factors include consumption, investment, government spending, exports, and imports. Increased consumption, investment, government spending, and exports normally contribute to GDP growth, while increased imports decrease GDP.

You will find surprising little literature that goes more into detail about how these calculations are done and if you want to understand GDP better, I would highly recommend Diane Coyle's book "GDP: A Brief but Affectionate History", which you can find in my book list at Educate Yourself.

 

What it measures and not

Despite being celebrated as a good indicator of a country’s economic activity it is not a good indicator of a country’s development. Already when created Kuznets warned US Congress not to focus too narrowly on GNP or GDP: “The welfare of a nation can scarcely be inferred from a measure of national income,”.

Here’s a list of what GDP does not measure.

  • Quality of life: GDP does not account for the overall well-being or quality of life of a population. It provides no information about factors such as education, healthcare, life expectancy, or access to social services, which are crucial components of a society's standard of living.

  • Income inequality: GDP does not reflect the distribution of income within a population. A country with a high GDP may still have significant income disparities, and this inequality is not captured by the GDP figure.

  • Non-Market transactions: GDP focuses on market transactions and excludes non-market activities such as household work, volunteerism, and other unpaid contributions. This omission leads to an incomplete understanding of a nation's economic activity.

  • Environmental sustainability: GDP does not consider the environmental impact of economic activities. While economic growth may contribute to a higher GDP, it may (or has) come at the cost of environmental degradation, resource depletion, and pollution.

  • Quality and innovation: GDP measures the quantity of goods and services produced but does not account for their quality, innovation, or technological advancements. A focus on GDP alone does not capture improvements in products or services that enhance the overall well-being of the population. Ever heard of planned obsolescence?

  • Informal economy: GDP may not accurately represent economic activities in the informal sector, where transactions are often unrecorded. This is particularly relevant in developing countries where a significant portion of economic activity occurs outside formal channels.

  • Health and education: GDP does not provide insights into the health and education status of a population. Health outcomes, educational attainment, and access to healthcare are critical factors influencing a nation's human capital, but they are not reflected in GDP figures.

  • Social and political stability: GDP does not measure social or political stability. Even in economically prosperous countries, social or political unrest can prevail, affecting the overall well-being of the population.

    In other words, GDP increases when more jails are built and after a natural crisis, when cities are rebuilt. GDP increases when people spend more money on medication (which might not always cure the root cause of the symptom), and if mines are built exploiting humans and nature. It does not increase when a parent decides to work less and stay home more with their children when people choose to eat less unhealthy food and go for a run outside more (maybe indirectly if they live longer lives and stay in the workforce), or if people decide to consume fewer new things in general. When a country exports weapons, it is good for GDP growth. When households share cars, and household gear, and exchange second-hand clothing, GDP does not go up; it’s better for GDP if each household buys a new item.

    You may have heard of the quote “You get what you measure,” a company would never apply a Key Performance Indicator that does not help facilitate expected results. However, our states are presently relying on an indicator that fails to deliver the anticipated results citizens are seeking in their lives.

 

GDP and human progress

There is little doubt that in a post-war scenario, GDP also reflect improvements in livelihood, schools are built, hospitals are built, trade starts, people get jobs, and income and can start consuming the necessities it need. There is strong evidence that a higher GDP also results in higher life expectancy and more years of schooling. Further, a study from 2017 looking at welfare in terms of consumption means, leisure and life expectancy subtracted by inequality shows a correlation between welfare and higher income per capita. However, a large part of that is related to consumption (which is in high-income countries, a huge environmental issue). Looking at the largest economy in the World, the USA compared to Costa Rica, Costa Rica outperforms the USA in life expectancy, wellbeing and environmental sustainability. Costa Rica’s environmental footprint is just 1/3 of the USA’s and the Costa Ricans experience a higher sense of wellbeing than the Americans. It truly shows that GDP needs to be complemented, adjusted or replaced. Costa Rica seems to have a more efficient economy than the USA, but that is not how we build policies in the world.

 

What to measure instead

The academic literature on measures beyond GDP is well-explored. WISE lists more than 300 well-being measures on its platform. By researching and mapping measures myself for more than 6 months, I can however say that the categorization of measures is not standardized in the literature. However one can view the measures as adjusting GDP (where negative costs are subtracted and positive values added), complementing GDP (such as a well-being index), or an alternative to GDP (which seeks to replace GDP). Some of these measures result in one single index (but categories can still be weighted), one single number, and others have categories where certain areas are not tradable with others. To give an example of the latter would be some measure that puts environmental and social performance separately since an increase in social performance could overshadow a possible decline in environmental performance.

If you want to explore some of the measures, check out the list here! If you want to get notified about articles and insights related to economics, make sure you subscribe to my newsletter, and you can always invite me to learn more about welfare measures. Contact me for keynote details.

It’s time to have a look at our economic system.

5 Podcasts to Learn About Our Economic System

Have you ever questioned the reasons behind our current circumstances? Despite our wealth of resources, some of the most fundamental issues, like poverty, remain unsolved. The key factor in this puzzle is economics, the science of managing scarce resources.

In a world driven by complex economic forces, understanding our economic system to some degree is crucial. Without a grasp of economic principles, it becomes challenging to comprehend the dynamics shaping our societies. Fortunately, podcasts have become a valuable resource, offering insightful discussions and expert analyses that can demystify economic concepts for listeners. To embark on a journey of economic enlightenment, here are five podcasts that provide a comprehensive understanding of our economic system, empowering us to navigate and perhaps even contribute to positive change.

 

Freakonomics Radio: Hosts: Stephen J. Dubner

"Freakonomics Radio" takes a unique approach to economics, exploring the unexpected and unconventional sides of economic phenomena. Host Stephen J. Dubner, co-author of the best-selling book "Freakonomics," interviews experts and dives into intriguing topics that challenge preconceived notions about how the economy works. The podcast encourages listeners to think critically about the world around them and question traditional economic paradigms.

 

Economics for Rebels: Hosts: Dr. Köves Alexandra

"Economics for Rebels" challenges conventional economic thinking by featuring conversations with leading scholars and thinkers. Using ecological economics and social critical thinking it takes a look at some of our most daunting challenges such as the climate crisis and we ended up here and move ahead.

 

New Economic Podcast: Host: Ayeisha Thomas-Smith

Presented by the New Economic Foundation this podcast goes into existing politics and economic situations very much related to everyday households, not at least in the UK. The topics cover various issues such as the economics of the pandemic, who owns the internet, houseing, caregiving and much more. For all of you who want to have a critical perspective.

 

The Great Simplification: Hosts: Nate Hagens

Probably my number one source of information when it comes to current challenges humanity are facing, the systems we live in and the latest science and insights on how we take it from there. I don’t read the news so podcasts like Nate’s are of great value to me since it is so rooted in what is currently happening around the globe. Very thoughtful conversations and super interesting guests from various scientific fields and expertise on climate, environment, monetary and economic systems, energy and so on. Some episodes are long, but they are worth it.

 

Pengar & Politik: Hosts: Elinor Odeberg och Silvia Kakembo, by Arena Idé

This one goes for my Swedish friends since it is in Swedish. A very thoughtful, entertaining and factful podcast that comments on the current economic situation of Sweden. The current politics shaping it and the alternatives that are possible. This is my number one source to stay updated on politics and economics in Sweden which thankfully is hardly influenced by the neoclassical growth paradigm but stays within the framework of the current system.

 

As we navigate the complexities of our economic system, these podcasts provide a valuable roadmap for those seeking to understand the forces that shape our world. By listening to diverse perspectives, engaging discussions, and expert analyses, we can empower ourselves with the knowledge needed to not only comprehend our economic system but also actively contribute to positive change. After all, an informed citizen is the foundation for a society capable of shaping its economic destiny.

MY YEAR IN 2023

Second year as self-employed

Last year marked an important decision in my life—to become self-employed (you can read the 2022 article here). Primarily driven by a desire for increased freedom and dedicated time for personal projects. My major objective for 2023 was financial, since we all need a salary (I’m sure fellow entrepreneurs can relate). Beyond that, I aimed to better define the projects and clients I wished to engage with and the ideal working environments. Reflecting on the past year, I now have found a sense of clarity in these aspects. Being engaged in meaningful work and consistently receiving a salary has been immensely gratifying. The entrepreneurial dream can easily break down when progress stalls, but the experience of potential success is undeniably empowering.

This year's journey has extended beyond professional pursuits, encompassing a struggle to maintain faith in humanity and the world. I've grappled with intense grief, questioning the significance of my work. At the same time, I've felt a strong determination and empowerment. Ultimately, my goal has become more clear —I aspire to contribute to system change and reshape the economic landscape while preserving my autonomy.

Of course, inspired by the Beyond Growth Conference hosted by EU parliament members in May this year, we have finally reached the maturity to look at our economic system. I recently shared my wish to work in economics on LinkedIn, where I also acknowledged the uncertainty of my path ahead. I think I have learned to embrace the unknown, recognizing that the world is inherently unpredictable. While this uncertainty can be intimidating, it also presents opportunities. Our collective actions can become one powerful force, driving social change and reaching critical social tipping points when we at least expect it.

This article is just a summary of some work that I’ve done and it helps me to see that I do make a difference. Because I do have moments when it does not feel like it. It is also essential not to focus too much on doing, but rather embrace one’s being. Taking breaks for self-care and enjoying life is not just acceptable—it's necessary. We need a multitude of contributors, not just a few shouldering everything. Though the world may seem to be on fire, my commitment to continue working for the world I believe in is stronger than ever.

 

My course in inner and outer wellbeing

Around this time last year, I dedicated myself to the finalization of my course in Inner and Outer Sustainability. My work led to the course's launch in April 2023, with an initial cohort of 12 participants. The experience was profoundly rewarding, and the feedback surpassed my wildest expectations. It became evident that the intersection of personal journeys and global issues resonated with many. While I intended to host the course biannually, a temporary break was necessitated by my involvement with the United Nations.

For those intrigued to delve deeper into the course and explore the firsthand experiences of past participants, you can find more information here! Don’t hesitate to sign up if you’re interested, it's a non-binding inquiry that secures your spot before capacity is reached. Don't miss the opportunity to join this transformative journey!

 

Human Rights and Sustainability

The majority of my time has been devoted to supporting The High Commissioner for Human Rights. My involvement includes active participation in their Greening the Blue initiatives, although the specific details of my contributions must remain confidential. Working with OHCHR has been a genuine honour, providing invaluable insights into the intricate landscape of human rights.

Despite the formidable global challenges and widespread violations of human rights, delving into this realm has inspired me to position human rights as a fundamental pillar of sustainability. It's become evident that sustainable development cannot exist in isolation from the principles of human rights. Although the United Nations has faced heightened criticism, particularly in recent times, my own perspective was shaped in high school, when I wrote a thesis on the Security Council, which made me realise what the UN can and can’t do. Working with the organization firsthand, there is no doubt that there is dedication among its staff. Some colleagues have even become friends, contributing to my admiration for all human rights defenders and those committed to working for humanity.

I encourage you to invest time in understanding human rights. As sustainability professionals, we serve as advocates for the human rights to a healthy, clean and sustainable environment. Embracing these rights not only aligns with our professional roles but also contributes to a broader commitment to human dignity and global well-being.

 

Public Speaking and Seminars

There is no greater joy for me than connecting with people, sharing knowledge, and inspiring them to make change. Hosting seminars and engaging in public speaking rank among my most cherished activities in life. This year has presented several opportunities for me to step away from my desktop work and take the stage.

  • Seminar about sustainable fashion in Jordan with Jordanian Fashion Designers at the Swedish Embassy

  • Seminar and workshop with ABF Dalarna about sustainable development

  • Seminar and workshop in Amsterdam about Beyond GDP Growth for EU members

  • Moderating a seminar on human rights and sustainable fashion with Parul Sharma as a speaker, presented by Ninyes during Slow Fashion Week

  • Seminar at Uppsala University about welfare measures Beyond GDP

  • Seminar at Åva High School about sustainable development

  • Seminar at Thorhildsplan High School about sustainable fashion presented by My Dreams

If you're interested in booking me for a seminar or want more information about the topics I cover, please visit here!

Additionally, earlier this year, I had the privilege of being a guest on Sanja Tegeltija on her Podcast En Timma Med, where we discussed inner and outer sustainability. You can listen to the episode here!

 

A sustainable closet

Two years ago, A Sustainable Closet (ASC) established its business model, and the economic sustainability of the platform has become a crucial focal point for me. Without proper funding, the platform cannot achieve the difference it aspires to make. In the course of 2023, ASC has engaged in numerous paid collaborations, receiving requests daily. The challenge lies not in securing collaborations but in aligning them with our stringent sustainability criteria. The ongoing development of the platform is something I eagerly anticipate. Here are some key figures from 2023:

  • Published 91 articles on sustainable fashion

  • Made 64 interviews with people, brands and stores leading the change

  • Grown our platform with an 87% increase in visits compared to last year

  • An average of 8500 visitors per month have read our content

  • Published our own editorial - Plastic is it Fantastic?

  • Mapped and published second-hand city store guides in more countries such as the US, Spain and Italy.

  • Had several guest bloggers, interns and rewarding collaborations with other change-makers for a more sustainable fashion scene

Sign up for our newsletter and learn more here!

 

Civil society

For those who have been following my journey for some time, you're aware of my longstanding commitment to civil society. With 12 years of experience in the field, my focus has predominantly been on providing strategic support. I engage in this work for several reasons: to safeguard democracy, to counterbalance the profit-driven economy through non-profit organizations, and as a means to channel my concerns about various societal trends, to do something is essential for me.

Here are some of the meaningful involvements I've had in 2023:

  • Djurens Rätt: In my third year as a board member, I am immensely proud to contribute to the cause of animal rights through this organization. The level of professionalism within Djurens Rätt is truly commendable.

  • Wellbeing Economy Alliance Sweden: Having joined the core group, I was elected as a board member this autumn. The enthusiasm and honour I feel in contributing to the development of Weall Sweden are beyond words.

  • Organic Beauty Award: For the second consecutive year, I'm a part of the jury for the Organic Beauty Award. It's a delightful way to engage in sustainability actions while having some fun!

  • Political Engagement: This year, I've taken a step into a new arena by joining a political party and being part of a working group. Without political change, there will be no change.

  • Positive Money and Demokratisk Omställning: Delving into alternative economics, I've joined book clubs associated with these organizations. 2023 has been a year of intensive study and exploration in the field of economics.

 

Personal Development

The year 2023 brought numerous celebrations and significant changes into my life, marked by fun occasions such as three close friends getting married, six friends welcoming new babies, and beautiful train journeys (Stockholm-Brussels, Stockholm-Amsterdam, Bucharest-Berlin-Stockholm, Stockholm-Geneva-Barcelona). However, amidst the festivities, I encountered three major shocks that posed considerable mental challenges. Here's a summary of some insights gained:

  • Ask for help - In moments when the usual coping mechanisms fall short, don't hesitate to seek assistance. It takes courage to ask for help when needed.

  • Allow yourself to feel - Embrace anger and grief rather than holding onto emotions, as suppressing them only intensifies suffering. Identify safe spaces to express and release these emotions.

  • It's okay to zoom out - If a topic consumes your thoughts and disrupts your sleep, it's crucial to disengage. Recognize when an issue has become overwhelming and prioritize your well-being.

  • Combat hopelessness with action - When feelings of hopelessness arise, compile a list of actions you take to contribute positively to the world. While you can't help everyone, your efforts matter and make a difference.

  • Run your business in alignment with your values - Uphold personal values in business practices. Stick to principles such as not working for free, setting rates according to your experience, collaborating with those who care about people, and avoiding competition or sales that don't resonate with your heart. While this may deviate from conventional business advice, I believe, it fosters a happier life.

  • Prioritize joy and celebration - During life's challenges, make time for celebrations. Whether it's dancing late into the night or participating in circles and friends' gatherings, nurturing connections within communities is vital for personal thriving.

 

What I’m looking forward to in 2024?

My journey into 2024 begins with a blank canvas. While a few opportunities and numerous ideas and aspirations lie ahead, my primary focus right now is to give myself the rest I truly need.

In the coming year, I want to prioritise activities that bring me joy — dancing more, painting more, and laughing more. Just to smile more often. That is my goal.

The Historical Beyond Growth Conference 2023

Introduction

Two weeks ago more than 2000 people gathered in the halls of the European Parlament to discuss Beyond Growth. The Beyond Growth Conference 2023 was initiated and organized by Members of the European Parliament; a collaborative effort between The Greens/EFA, The Left, S&D, Renew Europe, EPP and NI made this event possible. Partner organisations were the Wellbeing Economy Alliance, ZOE Institute for Future Economics, New Economics Foundation, The Club of Rome, Degrowth, Friends of Earth Europe, Finance Watch, European Trade Union Institute and the European Environmental Bureau among others.

This is not the first time a conference on the theme of moving beyond GDP growth in the EU is happening. In 2018 the Post Growth Conference took place, but it was a small event with a few selected guests and speakers. This conference was a multi-stakeholder event aiming to discuss and co-create policies for sustainable prosperity in Europe with the purpose to challenge conventional policy-making in the EU. It is even stated on the website “to move away from the harmful focus on sole economic growth”.

The conference was open for anyone to register and many seats were left for civil society. Partner organisation representatives were of course there, but many of the conference participants were students or activists (many times both) who had heard about the conference from their professors or in other networks.

In other words, this conference wasn’t an event with a formal, stiff and traditional seriousness, but rather it was a free gathering with open-minded people seriously seeking new pathways and who truly want to be part of the change. It was said to be the Woodstock of system change. And it truly felt like it! The conference was also entirely free and I would say, if you want to be an inclusive organiser where anyone can join, it has to be free! Priced conferences are not good places for visions for the future and better policy-making!

Personally, I was there as a representative of the newly established organisation Wellbeing Economy Alliance Sweden! The hub is for anyone who would like to engage and volunteer for wellbeing economics in Sweden. If you are based in Sweden, please feel free to reach out, become a part of our core hub or follow us on social media!

 

Structure of the conference

The three day conference had 7 plenary sessions, 20 focus panels and 4 policy labs. Each session was chaired by one of the co-organising Members of the European Parliament. Besides the main programme, selected participants could co-create policy recommendations on topics related to current policy processes. These interactive policy labs happened at the Chatham House. Personally, I never had the time to go there.

The plenary sessions were long. About 4-6 speakers with 10 minutes each followed by internal discussions before questions from the audience were let in. For someone like me working with mental health and wellbeing, more breaks and shorter speeches would have been preferable.

The days normally started with a plenary for all, had focus panels after lunch and ended with a plenary for all. In that way the majority of the content of the conference (from what I felt) was seen by most participants. For the focus panels, one had to choose and register before the conference, but no one really paid attention to who joined which session.

But I can tell you, it was intense, a few breaks for toilet visits and food, but otherwise it was a run to be able to be in time for each session (since they were all so interesting!).

 

Who were the speakers?

Several of the speakers came from academia, think-tank groups, non-profit organisations, activism and so on. There was no clear commercial agenda or private corporate interest in place, which I found delightful since many sustainability conferences today are way too much influenced by private interests (from my perspective). To discuss how to move beyond GDP growth will of course require an inclusive approach, including the private sector, but it was very rewarding to listen to people with such a clear and transparent agenda - many times with point of views simply just based on their own academic research.

There were many known and familiar profiles from the wellbeing economy and the post growth movement such as:

  • Timothée Parrique - researcher at the School of Economics and Management of Lund University.

  • Kate Raworth - Senior Associate, Oxford University. Founder of Doughnut Economics.

  • Professor Tim Jackson - Director of the Centre for the Understanding of Sustainable Prosperity (CUSP).

  • Professor Jason Hickel - Institute for Environmental Science and Technology at the Autonomous University of Barcelona.

  • Dr. Vendana Shiva - Physicist, social and environmental activist, ecofeminist and anti-globalisation author.

  • Professor Robert Constanza - Ecological Economics at the Institute for Global Prosperity, University College London.

  • Sandrine Dixson-Declève - Co-president of the Club of Rome.

  • Professor Giorgos Kallis - Institute of Environmental Science and Technology, Barcelona.

  • Professor Dr. Maja Göpel - Director of Research at The New Institute.

 

There were also other skilled speakers who brought many interesting perspectives who may not always be associated with beyond GDP such as:

  • Professor Johan Rockström - the Director of the Potsdam Institute for Climate Impact Research and Professor at the Institute of Earth and Environmental Science at Potsdam University.

  • Professor Joseph Stiglitz - Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute.

  • Adelaïde Charlier - Belgian climate justice and human rights activist.

  • Professor Rutger Hoekstra - Associate Professor at the Institute of Environmental Sciences, Leiden University. Leader of the WISE Horizons, a large European project, which is pursuing metrics and policies to enhance Wellbeing, Inclusion and Sustainability (WISE).

  • Professor Florence Jany-Catrice - University of Lille, member of the Research Center Clersé (UMR 8019), and Richard B. Fisher Member, School of Social Science (2020-21), Institute for Advanced Study, Princeton.

  • Ann Pettifor - Director of PRIME- Policy Research in Macroeconomics.

  • Corinna Schlombs - Associate Professor of History at Rochester Institute of Technology.

Please have a look at the full speakers list here and don’t miss out on some of the most popular speeches below!

 

Take Aways

  • Beyond GDP means different things for different people, some are convinced degrowth fans which literally means a decline in GDP while other mean that degrowth doesn’t necessarily mean a decline GDP rather a shrinking economy (which might logically work if we don’t measure GDP) and others prefer not to use degrowth and rather focus on wellbeing economy.

  • That GDP growth is a bad metric for development is commonly understood, but how to move beyond it, what the goal, the roadmap and narrative should be is unclear.

  • Green Growth is still viewed among EU members and commissionaires as a must for development, even though conference participants would probably disagree.

  • The climate and environmental perspective was strong. Also some colonial and social perspectives, but how to focus on the things that matters to people on an individual basis, such as purpose, existential questions or happiness were not as present.

  • There is a lot of work being done on how to measure welfare beyond GDP, there’s plenty of metrics and current work happening in the EU, OECD and in other places on how to mainstream these and develop the indicators - but the question remains how these measures can guide policy-making and budgeting to a larger extent.

  • There were few speakers who went through financial and fiscal policy - especially how they tend to fail and why GDP for the sake of economics is not very effective! The few that did were my highlights of the conference. Beyond GDP will probably not happen without mainstream economics participating in the discussion.

 

My wishlist moving forward for the EU

  • Beyond Growth Conference (BGC) to be established on a UN level. Moving Beyond GDP needs to be a global approach since our economic system is inter-connected and needs a geo-political perspective.

  • Reforms and policy-making for economic education and degrees. We are currently educating thousands of economic students who are trained in neo-classical economics without even considering that GDP is not a stated fact. It’s man-made and can be remade.

  • Harmonious and standardised implementation of welfare measures and indicators attached to policy-making and budget on a national level. Indicators must guide future policy-making - not GDP.

  • Research and suggestions for implementation of Universal Basic Income for all - no one should be left behind when we’re transitioning to a completely different economic system where labour and jobs will look completely different.

  • A roadmap for a just and climate friendly down scaling and de-coupling of the financial market from the welfare system.

I could go on and on, but the major question is not to what extent GDP can grow without emissions and material extractions (green growth) rather how to decouple socio-ecological prosperity from GDP growth? That is the question that should guide research and policy-making moving forward!

 

Speeches to watch

Here’s a list of selected speeches of 10 minutes each but you can also watch the other speeches as a part of the full plenary discussions available on Club of Rome YouTube channel or GreensEFA YouTube channel!

Zero Waste Day - What problems do humans have with waste?

Graphics from World Bank

Waste is a major environmental, climate, and economic problem that affects communities around the world. The disposal of waste has a significant impact on the environment, including air, soil, and water quality, as well as natural habitats and biodiversity. Landfills, incinerators, and other waste disposal methods generate harmful greenhouse gases, including methane, which contributes to climate change.

In addition to its environmental impacts, waste also has economic implications. The cost of waste management, including collection, transportation, and disposal, can be substantial. This expense is typically borne by taxpayers or passed on to consumers through higher prices for goods and services. Moreover, wasted resources, including energy, water, and raw materials, are a significant drain on the economy.

The negative impacts of waste are not evenly distributed, and communities around the world are disproportionately affected by waste disposal. Low-income communities are often located near waste disposal facilities, including landfills and incinerators, which emit harmful pollutants and pose health risks. These communities may also lack access to adequate waste management services, leading to the improper disposal of waste, further exacerbating the problem.

To address these issues, individuals, communities, and governments around the world are working to promote waste reduction and Zero Waste initiatives. Zero Waste Day, celebrated annually on March 30th, is a day to raise awareness of waste reduction and highlight the importance of moving towards a zero-waste future. The day emphasises the 5R's of waste reduction: refuse, reduce, reuse, recycle, and rot (compost), as well as promoting sustainable production and consumption practices.

In conclusion, waste is a significant environmental, climate, and economic problem that affects communities worldwide. It is critical to prioritise waste reduction efforts and move towards a Zero Waste future to protect the environment, conserve resources, and promote equitable access to waste management services.

Here are some facts about waste today:

What you can do:

Spread awareness

  • Vote for environmental action

  • Tell politicians to act

  • Tell companies to design responsibly

  • Volunteer and join clean-up days

  • Reduce your consumption of new items

  • Reuse and recycle as much as possible

  • Avoid single-use items and bring reusables

  • Reduce your households food waste

19 women changing our economic system

It is clear that our current economic system is not a stable one, nor a healthy one. It uses way too much material resources, causing biodiversity loss and the climate crisis. Rich people are getting richer while inequality is increasing. Even people in so-called developed countries now are struggling to feed their families.

Change is needed. And women are being at the forefront through research, activism, entrepreneurship and politics to change things. Here’s a selection of women who in different way seeks to work for an economy good for us all and future generations.

 

Kate Raworth

Kate Raworth is an English economist known for "doughnut economics", which she understands as an economic model that balances essential human needs and planetary boundaries. She is a Senior Associate at Oxford University’s Environmental Change Institute and a Professor of Practice at Amsterdam University of Applied Sciences. Her Ted-Talk on Doughnut Economics has been watched by millions!

 

Winnie Byanyima

Winifred Byanyima is a Ugandan aeronautical engineer, politician, human rights activist, feminist and diplomat. She is the executive director of UNAIDS, effective November 2019. From May 2013 until November 2019, she served as the executive director of Oxfam International. She has served as the director of the Gender Team in the Bureau for Development Policy at the United Nations Development Programme (UNDP) since 2006. She serves as one of the experts at the Institute for New Economic Thinking.

 

Kristín Vala Ragnarsdóttir

Kristín Vala Ragnarsdóttir is an Icelandic Earth and sustainability scientist and activist who is a professor of Earth Sciences at the Faculty of- and Institute of Earth Sciences. Kristín Vala's research turned to issues related to trans-disciplinary sustainability science, including city carbon emission management, natural resource availability and management, soil sustainability, sustainable tourism, and achieving the UN Sustainability Goals through the wellbeing economy. She was instrumental in facilitating the participation of the Icelandic government in joining the Wellbeing Economy Governments (WEGo).

 

Vandana Shiva

Vandana Shiva is an Indian scholar, environmental activist, food sovereignty advocate, ecofeminist and anti-globalisation author. Based in Delhi, Shiva has written more than 20 books. She is often referred to as "Gandhi of grain" for her activism associated with the anti-GMO movement.

Shiva is one of the leaders and board members of the International Forum on Globalization (with Jerry Mander, Ralph Nader, and Helena Norberg-Hodge), and a figure of the anti-globalisation movement. She has argued in favour of many traditional practices, as in her interview in the book Vedic Ecology (by Ranchor Prime).

 

Katherine Trebeck

Katherine is a political economist, writer and advocate for economic system change. She co-founded the Wellbeing Economy Alliance and also WEAll Scotland, its Scottish hub. She is writer-in-residence at the University of Edinburgh’s Edinburgh Futures Institute and a Strategic Advisor to Australia’s Centre for Policy Development. She sits on a range of boards and advisory groups such as The Democracy Collaborative, the C40 Centre for Urban Climate Policy and Economy, and the Centre for Understanding Sustainable Prosperity.

 

Melissa Vergara Fernández

Melissa Vergara Fernández obtained a PhD in Philosophy from the Erasmus Institute for Philosophy and Economics, Erasmus University Rotterdam in 2018 and currently coordinates the YSI Philosophy of Economics working group and is an elected member of YSI’s advisory committee. Her research is on economic methodology, in particular on the use and the epistemic contributions of theoretical economic models. She strives to make philosophy relevant for dealing with the socioeconomic challenges that we currently face. She serves as one of the experts at the Institute for New Economic Thinking.

 

Aja Baber

Aja Baber is a writer, stylist and consultant whose work deals with the intersections of sustainability and the fashion landscape.  Her work builds heavily on ideas behind privilege, wealth inequality, racism, feminism, colonialism and how to fix the fashion industry with all these things in mind. One of the leading figures on the sustainable and circular fashion scene seeking a more circular and just economy.

 

Diane Coyle

Diane Coyle CBE FAcSS (born February 1961) is an economist and a former advisor to the UK Treasury. She was vice-chairman of the BBC Trust, the governing body of the British Broadcasting Corporation, and was a member of the UK Competition Commission from 2001 until 2019. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute. She’s the author of the book A Brief History of GDP which I highly recommend.

 

Nyeji Ruth Chilembo

Nyeji Ruth Chilembo is an economist and investment professional with experience covering corporate finance, institutional banking, fund management and sovereign debt management. International experience includes diplomatic service in the United Kingdom and Malaysia as an economic advisor handling international trade, foreign direct investments and private equity transactions on behalf of the Zambian Government.
She’s the Co-Founder and Managing Partner wCap Limited, a venture capital firm that works with high-growth female-led businesses in Africa seeking technical expertise and access to growth capital. wCap is the only female-owned VC firm in Zambia. wCap aims to close part of the funding gap that exists for women-led businesses by generating high returns whilst delivering a positive economic impact by investing in women-owned and led businesses in Southern Africa.

 

Jennifer Hinton

Dr. Jennifer Hinton is a systems researcher and ecological economist. Her work focuses on how societies relate to profit and how this relationship affects global sustainability challenges. Her relationship-to-profit theory uses systems thinking and institutional economics to explain how key aspects of business and markets drive social and ecological sustainability outcomes. She started developing this theory in the book How on Earth, which outlines a conceptual model of a not-for-profit market economy – the Not-for-Profit World model. She holds a double PhD in Economics and Sustainability Science. As an activist, she collaborates with civil society organizations, businesses, and policy makers to transform the economy so that it can work for everyone within the ecological limits of the planet. She is a researcher at Lund University and a senior research fellow at the Schumacher Institute.

 

Jayati Ghosh

Jayati Ghosh is an Indian development economist. She is the Chairperson of the Centre for Economic Studies and Planning at the Jawaharlal Nehru University, New Delhi and her core areas of study include international economics, employment patterns in developing countries, macroeconomic policy, and issues related to gender and development.

 

Helena Norberg-Hodge

Helena Norberg-Hodge is founder and director of Local Futures, previously known as the International Society for Ecology and Culture (ISEC). Local Futures is a non-profit organization "dedicated to the revitalization of cultural and biological diversity and the strengthening of local communities and economies worldwide."

 

Nicola Sturgeon

Nicola Ferguson Sturgeon is a Scottish politician serving as First Minister of Scotland and Leader of the Scottish National Party (SNP) since 2014. Scotland is one of the countries that has a Wellbeing Economy Hub and Scotland is a founding member of Wellbeing Economy Governments.

 

Jacinda Ardern

Jacinda Kate Laurell Ardern is a New Zealand politician who served as the 40th prime minister of New Zealand and leader of the Labour Party from 2017 to 2023. New Zealand has a Wellbeing Budget and a Living Standards Framework rooted in wellbeing indicators.

 

Uhuru Hilton

Uhuru is an experienced convener, popular education facilitator, humanitarian program and project designer and relational organizer. Uhuru offers curriculum, facilitation and collaboration in participatory governance, supply chain development, and regenerative and cooperative enterprise. She is an active partner in Community Centric Fundraising, DEI and Trauma-informed Bioregional Regeneration, FarmerXFarmer = Coalition, Weaver Support and other Solidarity Economy forums, projects and campaigns.

 

Liz Zeidler

Liz is an internationally recognised leader in sustainable wellbeing with over 20 years of experience in connecting, challenging and supporting change-makers. She has been a key part of the development of all Centre for Thriving Place’s wellbeing measurement tools and approaches. She is a globally in-demand speaker and advisor on community wellbeing and place-based approaches to measuring, understanding and improving wellbeing in all sectors.

 

Naomi Klein

Naomi A. Klein is a Canadian author, social activist, and filmmaker known for her political analyses, support of ecofeminism, organized labour, left-wing politics and criticism of corporate globalization,[fascism, ecofascism and capitalism. As of 2021 she is an Associate Professor, and Professor of Climate Justice at the University of British Columbia, co-directing a Centre for Climate Justice. She serves as one of the experts at the Institute for New Economic Thinking.

 

Katrín Jakobsdóttir

Katrín Jakobsdóttir is an Icelandic politician who has been serving as the prime minister of Iceland since 2017 and a member of the Althing for the Reykjavík North constituency since 2007.

Iceland is part of the Wellbeing Economy Governments partnership. Iceland has Indicators for Wellbeing which guide government decision-making.

 

Disclaimer: Most summaries are derived from Wikipedia, you are more than welcome to reach out and add texts or recommend more women who should be on the list.

My year in 2022

It’s been two years since the last time I summarised my year and shared with you some of the work I’ve done and the things I’ve learned. What has happened since then? Well, I quit my full-time job with a fixed contract, moved to Jordan and worked for UNHCR as their Environment Officer. Got married during my holiday break and went to Costa Rica and Mexico for three months for our honeymoon. I also joined Sweden’s largest Animal Rights organisation as a board member, quit some volunteering work that didn’t work out and spent more time going into alternative economics again. I’m back blogging at Tillväxtparadigmet. I can probably say that a third of this year has not been devoted to work but rather to personal development or you could call it life in general.

When I got back this spring I didn’t know what to do. I felt that after 5 years in the humanitarian sector I was longing for long-term sustainable development projects. I felt that environmental management was needed in the world but wouldn’t provide the rapid change the world so desperately needs. At the same time, I felt that I was more and more drifting away from the environmental movement due to a big part of it working with shaming and separation. My inner journey had changed my values and one of my core values is to work for unity and community rather than a “we-and-them” mentality. I wanted to keep on working for planet Earth and its people, but I felt that big changes would never happen if we don’t address the inner sustainability or the overall socio-economic system we live in. In other words, I wanted to find ways to make a difference outside the box and the norms.

What lead me to start my own business?

I didn’t dream of becoming an entrepreneur or a business person. The reason why I didn’t seek a full-time job was that I had a hard time finding a job that would provide me with the possibility to work and live in the way I wanted. So what was it that I was longing for?

  • Flexibility to work from anywhere at any time

  • Ability to work in a diversity of fields and sectors with sustainable development

  • The possibility to find projects and settings that will lead to significant impact

  • Spending my working hours with people I admire, and care about and that inspires me

  • Ability to work on my passion projects such as launching my own course and finishing my book.

You might find some of these wishes typical for my generation (Millennial) but what you also see is someone asking herself what she is going to do with her time here on planet earth. You’re reading a text from someone who dares to jump off the safe path in order to chase her dreams. Someone who believes that anything is possible as long as you are willing to work to get it. Someone that needs flexibility, challenges and meetings with interesting people to thrive.

I turned 33 years old this year, I have a suitable education, plenty of experience, no children or anything that takes my time and a lot of energy and power to add value and be of service to others. Why shouldn’t I jump off the safe road in order to do the things I believe in?

my businesses

Okay, in April and May it was time to get professional. I rebuilt my website, took care of the administrational side of running a business, started networking and worked on my strategy. What is it I really want to do? I had all the time but no plan, so the plan somehow had to develop while doing the journey. Summer came and after 6 months without a salary, of course, my anxiety started to increase, but I stayed true to my mission and my purpose to make this world a sustainable place my way. Autumn came and the clients with it. I've been able to help organisations with their sustainability strategy, I’ve been holding seminars at universities, I’ve been holding a course for environmental work in humanitarian settings and I’ve been working with a foundation that transforms global food systems, among other things. In December I took out a salary, had a look at my strategy and felt that I’m getting closer and closer to seeing how my time on this planet can be a force of good. My first semester as a full-time consultant, speaker and strategies has started well.

interviews, Podcasts and seminars

There are not many things in life that I enjoy more than public speaking and telling stories. While others might faint, I feel alive, at peace and harmonious as soon as someone put a mic or a camera close to my face. I’m truly forever grateful to all of you who have invited me to share my story. But also for the collaborations done where we have been sending good messages to the world together. Thank you! Here comes a selection:

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a sustainable closet

It’s unbelievable that something that started as a blog due to my personal interest in sustainable fashion and willingness to help others, has become a professional business. This spring I had the opportunity to revisit the business model and our business strategy to make sure that we are spending time on the right things. This was complemented by a market analysis where several people gave their feedback on the challenges they’re facing to live and consume more sustainably when it comes to clothes. During the summer and the spring, all the content produced had those people’s perspectives in mind - how can we make people’s sustainable closet journey more fun and inclusive? This year we have:

  • Published 94 articles on sustainable fashion

  • Made 106 interviews with people, brands and stores leading the change

  • Grown our platform with a 155% increase in visits

  • An average of 6000 visitors per month have read our content

  • Published our own editorials- Overshoot Day and Pre-loved Disco

  • Mapped and published five more second-hand city store guides

  • Had several guest bloggers, interns and rewarding collaborations with other change-makers for a more sustainable fashion scene

  • Launched our paid partnership deals for the long-term economic sustainability of the business

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academic

This year I finished my course in circular textile and AI for beginners and during the autumn I’ve been studying political history in Sweden. I highly recommend the course. It’s in Swedish and free for Swedish citizens through Linnaeus University.

Personal development

What can I say? This year has truly been about my inner journey. To separate WHAT I DO from WHO I AM. The thing about being self-employed is that no one is going to know your value except you. No one is going to confirm, approve or applaud your efforts except you. People won’t reach out because they don’t know what you can do, it is your job to explain in what ways you can serve. It has been a true challenge to have so many days and so much time just for me, some of you may dream of it, but I’ve been truly struggling with not having a proper setting to contribute to on a daily basis, to only work for myself when the only thing I want is to help. I have practised staying grateful for what I have, letting go of financial security and over and over again developing a belief in myself and my purpose. You see others being promoted and getting rewards, while you’re sitting there trying to figure out how to create some graphics in Canva for your upcoming seminar nobody have heard about. It is such a humbling journey. And regardless of where it takes me, I have chosen myself and my way of making this world a better place. Honestly, this year has been such a good practice for life and I’m forever grateful that I dared to do it.

what have i learned?

  • Everyone matters and treat them accordingly - it has been clear to me that I don’t want to treat others based on what they can give me. I don’t want to be that person. I want to be ready to learn, smile and appreciate every one. Regardless of who they are, we all have a unique set of values and experiences that we can give to the world.

  • Don’t let fear of judgement stop you - I can’t tell you how many times I’m not talking about sustainability since I don’t live a perfect “sustainable” life. This year has convinced me more than ever that we need to stop shaming people and raise our perspective and make the environmental movement more inclusive if we truly want change.

  • Respect people’s time and you are respected - I have worked a lot on this one. To always be on time regardless of who it is. I truly appreciate someone sharing their time with me, time is the only thing we have and I want to make it count.

  • It is wise to have a plan before starting your own business - I didn’t and I hadn’t saved up for it either. Just a recommendation to anyone who wants to be self-employed. Do some preparations before you start.

  • Always give and support but know your value - it is strange how sustainability doesn’t really seem to have any economic value. Like the knowledge and the insights are supposed to be free. I always believed in being generous and I think we need a movement where we support one another. But if I devote all my time to charity, I can’t pay my bills, which I don’t find sustainable at all. I know what value I bring to the companies and organisations I work for and it’s not free.

  • Impact with the right intention is more important than success. Honestly, I don’t care if you’re super successful, have an amazing business, a well-known brand, a popular podcast or whatever. If you’re not a nice person who finds yourself being more important than others, I’m not interested. I’m interested in intention. What is that you have to give to the world? What is your purpose?

  • There are so many good people out there doing amazing things. This year I’ve been networking and establishing contact with so many amazing individuals. Every time I see people doing good for the world and living their purpose, it makes me smile. Thanks to all of you whom I happened to cross paths with this year.

  • Graphical design! Not only can I build websites and produce content but this year I can also call myself a graphic designer. Whatever you see, it is my own work.

  • Spanish and Latino dance! These are two dreams of mine and finally, I practice salsa and bachata on a regular basis. I also have spent 10 minutes every day for the last six months learning Spanish!

What am I looking forward to in 2023?

  • To actually finish and publish my book about my journey out from depression

  • To launch my course for individuals seeking to improve their well-being and be of more service in the world

  • To keep on working with some clients and find new settings to contribute to

  • To grow A Sustainable Closet further

  • To my upcoming seminars and well-being/sustainability guides that I will launch this year

  • For me and my husband to have our first retreat based on inner and outer sustainability

  • To get back to science and research on alternative economics

  • A secret project that is my dream to do, hopefully, this year it will happen!

I’m looking forward to travelling more, enjoying more, laughing more and helping people and this planet more. I’m so excited to find people and projects where we truly can make a difference together!

Merry Christmas and a Happy New Year!