“INVESTING IN THE “COMMON GOOD” FOR LONG TERM PROSPERITY"
My firm used to be a firm full of “waste.” Fortunately my community, my land have a big river, extremely important for the local ecosystem. I started to throw all my industrial-toxic waste into the river. My firm had a great benefit from that decision…We saved a lot of money and continued to produce a lot of waste. I became very rich. After 10 years all the fishers had to abandon the community and tourism to the river decreased and local economy started to go down. We had to buy water from neighboring communities, and life in our community started to become very, very hard. After 15 years I had to close my firm. When we talk about “The Economy of the Common Good” and about “Long Term Economy” take this example in your mind. By polluting the river, the firm has not worked for the “Common Good” and has had a very short-term view. The final result was ecological, social and economic crises. If we do not work for the Common Good and in a Long Term Economy perspective, our community is bound to fail. So, what is the Economy of the Common Good? Who are the actors involved? What is an Ethical balance sheet? How can we join the movement? Christian Felber, founder of the Economy for the Common Good Movement, answered to these and other questions.
“HOW ARE WOMEN CHANGING THE SHIPPING SECTOR FOR THE BETTER AND MAKE IT MORE SUSTAINABLE?"
Can sustainability be achieved without a sustainable shipping sector? I do not think so, and WISTA (Women’s International Shipping & Trade Association) does not think so… We are now more than 7 billion people living all over the world. The shipping of goods made in a rational globalized world can help share prosperity. But prosperity is not enough if we damage our environment, our world. That is why the shipping sector too is facing the important issue of Climate Change and the International Maritime Organization (IMO) has set a global limit for sulphur in fuel oil used on board ships of 0.50% m/m (mass by mass) from 1 January 2020. In order to be sustainable, the shipping sector needs to work on diversity, inclusion and respect as well as on environmental sustainability. Why create an organization of women in the shipping world? How can WISTA help improve sustainability in the shipping sector? What are the effects of the IMO’s new regulation on Sulphur limits in fuel? Can WISTA’s work help improve conditions of women in developing countries? Despina Panayiotou Theodosiou, WISTA International President, answered to these and other questions?
“Vast areas under the sea and on land are dead from extreme heat and droughts. It's a matter of our survival to protect the living pockets of our mother, Nature, in order to survive the coming decade(s)"
“BUDDHIST ECONOMY: HOW TO PASS FROM SELF-CENTERED MATERIALISM TO SHARED PROSPERITY IN A SUSTAINABLE WORLD"
Buddhist Economy: is it the economic model used by buddhist monks? Of course not…It’s the model proposed by Clair Brown, Professor of Economics and Director of the Center for Work, Technology, and Society at the University of California, Berkeley. According to Prof. Clair Brown, we are facing two major challenges: increasing inequality and ecological crisis. And these two problems are the consequence of the mainstream competitive economic model, popularly called the free market model, which pushes consumerism, selfishness, and domination of nature, leaving people suffering in a world out of balance. Buddhist economics is an alternative, that goes beyond self-centered materialism and provides a framework for an economy that delivers shared prosperity in a sustainable world where the human spirit flourishes. What are its basic principles? In whose hands does the responsibility lie for such a change? How to achieve happiness with this model and what is a compassionate economy? What are the steps to pass to the Buddhist economy model?
“CIRCULAR ECONOMY: A NECESSARY CHANGE, BUT GREATER COURAGE IS REQUESTED TO ALL"
Circular Economy: more and more often we hear the expression "Circular Economy," and it is also used more and more frequently by politicians in their speeches. But still we know very little about the model and, above all, we still do not show enough courage to abandon the "old" model of Linear Economy (which is proving to be failing in the long term) and embrace the "new" model of Circular Economy (which has, if well implemented, great potential to survive in the long term). Once again the human being has to face his deepest and oldest fear! It has to face its unconscious fear of the "new!" That is why Emanuele Bompan, journalist, among the leading experts in Italy on the theme of Circular Economy, has sent us this message: Courage! In the young, in the educational system and in politics. Here Emanuele’s final message:
"To the young: do not be afraid… do not be afraid of being the leaders who ride these new models of doing business and economy. Be innovative and dynamic. Fully grasp this transformation!
To politicians: basic knowledge on economic and legal aspects is not enough! Be wise and educate yourself on sustainability and on this important aspect of sustainability: circular economy."
What is Circular Economy? What are its 3 basic principles? Who are the actors involved? What’s the situation Italy and abroad? And what are the factors necessary for its development? Emanuele Bompan answered to these and other questions.