As we get closer to our meeting in Assisi, I want to share with you a few words about some economic ideas that can build a basis on which we can think together about a new way of conceiving the economy. All three ideas are very well connected to Pope Francis’ writings and thoughts and are able to deal with our many contemporary challenges: the environmental crisis, high levels of inequality, precarious labor, political extremism and/or indifference.
Extreme poverty continues to persist in the world. High barriers to quality healthcare, a weakening job market, and political instability are some factors that attribute to this, but there is also the consideration that due to intrinsic systemic discrimination, those caught in a cycle of poverty will remain in that cycle indefinitely, regardless of the socio-economic safety nets that are made available to them.
Market laws are not deterministic but are related to behavior. The topic dealt with here, briefly, concerns the possibility of controlling behavior such as the uncontrolled rise in prices for certain socially relevant products where that cause damage.
Social inequality is one of the hallmarks of mercantile societies and is permeated by gender, race and class relations, as well as the way different societies organize themselves productively. Gender inequality is related to the productive context, defining the spaces in which women and men occupy in society.
Bearing in mind that several EoF values are very much similar to Asian values, namely “common good” and “unity in diversity”, there should be sharing sessions through the youth-led EoF ASEAN hub about how these two values can benefit from each other.
The eyes of the poor and the eyes of the children will help us to discover the wisdom of the work of Antoine de Saint-Exupéry, a wisdom that can appropriately nurture “The Economy of Francesco”. We believe that this novel can shed light on the challenges that we have to face nowadays.
Before presenting an answer to the question in this article's title, we start by showing the origins of "eco-efficiency". The concept was born in the late 1980s and gained more relevance in the 1990s. Ecoefficiency means "the efficiency with which ecological resources are used to meet human needs" (Organization for Economic Cooperation and Development, OECD (1998)).
Pope Francis reminds us of the care of our Mother Earth as the duty of custodians of creation. The journey between the encyclical Laudato Si and The Economy of Francesco (EoF) had enormous changes, and once again it questions us that the cry of the earth is also the cry of the poor.
Pressoché triplicate rispetto a qualche anno or sono, la diffusione capillare e costante delle società benefit nel nostro Paese pone inedite ed importanti sfide (ambientali, sociali, culturali e normative) per quelle società che decidono fattivamente di coniugare al tradizionale obiettivo di profitto, una o più finalità di beneficio comune, e cioè operando in maniera responsabile, sostenibile e trasparente nei confronti di persone, comunità, territori e ambiente.