ideas for a post-GDP world
The first (pre)occupation of Lorenzo Fioramonti is to be a loving husband and an affectionate father. His wife Janine and his sons Damiano and Lukas fill his life with joy and lots of fun. In his spare time, he works as professor at the University of Pretoria (South Africa), where he happens to direct a wonderful team at the Centre for the Study of Governance Innovation. Their job is to stimulate new thinking in public affairs and policy making.
He is a member of the Alliance for Sustainability and Prosperity (www.asap4all.org) and the founder of the action research network for a Wellbeing Economy in Africa (www.WE-Africa.org).
His view is that scholars must try their best to make a difference. Our daily life is too important to spend all our time dealing with piles of papers and dusty books. We need to get out there and make our voices heard. We owe it to ourselves. To our children. And to those who will come after us.
Economic growth is a constant mantra of politicians, economists and the media. Few understand what it is, but they love and follow it blindly. The reality is that since the global financial crisis, growth has vanished in the more industrialised economies and in the so-called developing countries. Politicians may be panicking, but is this really a bad thing?
Using real-life examples and innovative research, acclaimed political economist Lorenzo Fioramonti lays bare society’s perverse obsession with economic growth by showing its many flaws, paradoxes and inconsistencies. He argues that the pursuit of growth often results in more losses than gains and in damage, inequalities and conflicts.
By breaking free from the growth mantra, we can build a better society that puts the wellbeing of all at its centre. A wellbeing economy would have tremendous impact on everything we do, boosting small businesses and empowering citizens as the collective leaders of tomorrow.