What Should Economies be Aimed at?

In this video Kate Raworth provides some critical thoughts about economic growth as constituting the primary aim of economic, and by implication, societal development. I believe that it may work well during classes where you set the scene for the topics that you may wish to address during the OB course. I think that this video has the potential to unsettle the often taken-for-granted belief of our students (well perhaps only the Business Administration and Management students) that economic growth is all that societies and organisations should strive for. It therefore may open students’ minds for alternative view and hence provide the ground for thinking about human wealth, societal wealth and environmental wealth as alternatives, if not as more important objectives of economic development.

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This entry was posted in economic growth, environmental wealth, Globalisation, human wealth, inequality, societal wealth. Bookmark the permalink.

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