What if the common good was the goal of the economy? | Christian Felber | TEDxVienna

The Economy for the Common Good is a widely demanded alternative to the – inhumane, instable and unsustainable – ruling economic model. It is post-dualistic, overcomes both capitalism and socialism, and is based on the values that make human relationships flourish: empathy, dignity, solidarity, cooperation, justice, and sustainability. It is received enthusiastically worldwide, and more and more people, companies, universities and governments are joining the movement. Join us, too!

Christian Felber rocks the establishment with a fresh alternative which changes everything: The Economy for the Common Good. At the age of 42 he has written 15 books but is also a passionate dancer and friend of nature.

[mrnnhnz]

the world needs something like this desperately. Good on you Mr Felber! Loved your book 'Change Everything' in which you flesh out the details by the way.

[matthiasholzmann]

So great! Yes!!
That can be an alternative, a possible solution for our world and our "end time" economy. I definitely agree.

[jurbua]

NOW that is what TED talks should be like ... Amazing talk .. Thank you

[APerson-uizq]

thank you
you really articulated clearly and simply this marvellious message that need to be implemented

[mateuszw]

Oh my God, why this video has got only 36k views?!?! It needs more! Thank you for bringing me hope in the better tomorrow!

[miriambrown]

why only 4100 people have watched this very important lecture?

[narendranp]

This is the greatest the innovative economic model that is sustainable, equitable and practical. Every government should deeply look into that.

[harveybarry]

My dream come true!...someday, I pray.

[FrankBudzwait]

Finally a brilliant mind with a constructive vision of the desirable future. Why did I miss his publications for years? I always struggled with capitalism but did not find a suitable alternative, I guess this is a solution.

[mrnnhnz]

Something just occurred to me. In the current economic system investors are often quite removed from the company they're investing in, which leads them to put pressure on the company for financial returns - they're not there on site to see possible negative effects of attempting to maximise profit. The common good balance sheet would be a good tool to help overcome this problem to some extent, but I guess it's the whole culture of businesses approach to why-are-we-even-in-business that has to change more - also something that the Common Good way of doing things seems to want to address - but a much harder thing to see meaningful change in I guess, due to the 'momentum' of the status quo (it's quite entrenched in Western civilization's consciousness to chase the buck whatever the cost to society or the environment.)

[MaikSauer]

Super. Man spürt den Ethischen Ansatz gut beim ... . Gut ausgearbeitet. Eine durch ethische Standarts geführte Gesellschaft mit dem Ziel des Gemeinwohls, nicht des Kapitals. Die vorgeschlagenen Ideen sind evolutionär und sind schon in der Umsetzung ist echt super. Könnte ein Gesellschftliche Befreiung mehr bedeuten. Weiter so.

[zoneTherapyCures]

WIPO, (World Intellectual Property Organization), is a $16 TRILLION patent industry that apparently has no regulatory structures in place. The rentiers who profit from dangerous patents that threaten the health of society and the environment need to be reined in and international laws must be implemented.

[jjayneartworkx]

Look up cradle to cradle circular economy and ecology certification...solidarity and demand for more responsible manufacturing will create change.

[tonifelise]

I'm an American in the year 2021 and the world is in an even worse situation then when this video was made. Im in my mid 50s and I never thought I'd see it in my lifetime. The system in America has been going down hill and now it is collapsing. Incredible inflation and homelessness, and an almost non-existant middle class. The third world is right around the corner.

[toaccompany]

Great inspiration for my work on mergers and acquisitions for the common good (sustainable M&A)

[abdured]

perfectly agree but i guess it required a big general data of cognition, shared and well conceived Values and consciousness.

[quikesanjur]

Great talk. The first time I watched was in the AEMS summer course in Vienna.
A question about the voting system: how is it called? Where can I find more information about it? It is just mentioned that it comes from a paper from two mathematicians from Graz University.
Thanks!

[ralfiii]

At 29:21 a "Top manager minimum wage" rating between 1:1.000 (Austria) and 1:360.000 is shown. What are these numbers? Is there a law that limits the maximum wage of a manager or is that what is happened to be paid?

[jangofet]

i like this approach, it regulates based on what people are currently feeling.

[dhtc]

One day, the financialised order will crumble.