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This article presents an account of how deeply entrenched the neoclassical economic paradigm with its homo economicus and unlimited growth ideals has become in our societies and why this inhibits solutions for sustainable futures. Drawing on political economists like Karl Polanyi and Antonio Gramsci it also highlights how the current questioning of this paradigm and thus informed mindsets provides a renewed window of opportunity for a Great Transformation towards more sustainable futures. It reviews Transition Towns, Beyond GDP and Common Good Economies as examples of movements that lead the way in putting a new paradigm into practice.
The great mindshift : how a new economic paradigm and sustainability transformations go hand in hand
(2016)
Sustainable development is the 21st Century's wicked problem. After 40 years into this agenda have reversed only few unsustainable trends we hear the call for a paradigm shift, transformation, radical change or system innovations in order to finally change course. But what does this actually mean? And how do we put it into practice? This book describes the path ahead. It combines system transformation research with political economy and change leadership insights when discussing the need for a great mindshift in how human wellbeing, economic prosperity and healthy ecosystems are understood if the Great Transformations ahead are to lead to more sustainability. It shows that history is made by purposefully acting humans and introduces transformative literacy as a key skill in leading the radical incremental change strategies that wicked problems require, illustrating their nature through mapping pioneering practices and their commonalities.