NEW ECONOMIC THEORY

The world confronts a paradox: Unparalleled global production capacity exists side by side with high and rising levels of unemployment, inequality, financial instability, social unrest and ecological degradation. Efforts to reform current economic policy and institutions are invariably opposed by both an intellectual orthodoxy and vested economic interests, drawing on the conventional wisdom of prevailing economic theory to support prevailing policies. The multidimensional challenges confronting humanity today are human-made and can be changed by a change in thought and action. Theoretical limitations and misconceptions are a primary root cause of persistent poverty, rapid and rising levels of unemployment, inequality, and calamitous environmental threats. A fundamental change in thinking is needed to support a radical change in policies.

In 2010 WAAS initiated a special project on the need for integrated, human-centered, sustainable economic theory. The objective was to harness the best available ideas and practices to create a coherent and comprehensive intellectual framework for human-centred, sustainable economy and to develop informative, authoritative and compelling educational and communication tools with the power to challenge conventional wisdom and alter university level education, public policy, business decisions, media coverage and general public opinion regarding how the world economy should and can work for the betterment of all humanity. In the following years a multidisciplinary working group gradually took shape including over 50 members drawn from a wide range of perspectives. Five international conferences and innumerable shorter events have been conducted examining different dimensions and approaches. Approximately XXX articles have been published under the program in Cadmus Journal and Eruditio. The theoretical perspectives generated by this project are reflected in of the Academy’s reports, policy recommendations and ongoing programs on economy, employment and finance.

 

List of conferences and roundtables

Global Employment Challenge, Aug 24, 2020 – Online

Transforming the Future of Money, Nov 18-20, 2019 – Dubrovnik, Croatia

Future Capital: Financing Global Development, Sep 16-17, 2019 – World Bank Headquarters, Washington DC, USA

Future Captial, Sep 12-13, 2019 – UN Headquarters, New York, US

XV International Colloquium, May 2-4, 2018 – Paris, France

Agenda 2030: Economics in a Changing World, Aug 27-28, 2017 – Umag, Croatia

Humanizing Economy and Democratizing Social Power, May, 2017 – Tuscany, Italy

Human-Centered Economics, Feb 1-3,  2017 – Dubrovnik, Croatia

Post-Graduate Certificate Course in Social Power,  Oct 31- Nov 2, 2016 – Dubrovnik, Croatia

New Paradigm and Planetary Engagement, Sep 21-23, 2016 – Seoul, Korea

XIII International Colloquium, May 11-13, 2016 – Lisbon, Portugal

The Greek Crisis: Need for a Human-centered Theoretical Framework, Sep 15, 2015 – Online

XII International Colloquium, May 20-22, 2015 – Gainesville, FL, USA

The Global Game Changers Lab, May 13-15, 2015 – Orange County, CA, USA

Framework for a New Paradigm of Human Development, Apr 29-30, 2015 – Baku, Azerbaijan

New Paradigm of Sustainable Human Development, Nov 5-7, 2014 – Almaty, Kazakhstan

International Conference on Employment Growth – on a Road to Recovery, Jul 1, 2014 – Central Parliamentary Assembly, Bosnia and Herzegovina

Prospects for Ecological Education for Sustainable Development, Jun 26-27, 2014 – Moscow, Russia

XI International Colloquium, May 6-8, 2014 – Brasilia, Brazil

New Paradigm for Human Development, Apr 30, 2014 – Baku, Azerbaijan

Opportunities & Challenges for the 21st Century: Need for a New Paradigm, Sep 17-18, 2013 – Ottawa, Canada

Opportunities & Challenges for the 21st Century: Need for a New Paradigm, Sep 13-14, 2013 – Washington DC USA

Opportunities & Challenges for the 21st Century: Search for a New Paradigm, Jun 3, 2013 – United Nations Office at Geneva

The Role of Crisis in Social Evolution : Lessons from History, May 13, 2013 – Online

Impact of Science and Technology on Society and Economy, Mar 4-7, 2013 – Trieste, Italy

New Economic Theory, Nov 9-11, 2011 – WAAS General Assembly, Delhi, India

Inclusive Growth through Full Employment, Apr 23, 2010 – Online

Employment Guarantee Policies: Contributing to Pro-Poor Development, Promoting Gender Equality, Feb 9, 2010 – Online

Innovative Strategies for Financing Full Employment, Nov 21, 2009 – Online

The Blue Economy – 100 innovations – 100 Million Jobs – 10 Years, Nov 14, 2009 – Online

Full Employment & Employment Guarantees, Nov 10, 2009 – Online

 

Lists of Published Articles

Economic TheoryEconomy & EcologyEmployment
The Art and Science of Collaborative Innovation: A General Theory, Charles Smith – September, 2020

The Fourth Industrial Revolution: Challenges, Risks and Opportunities, Valeriy V. Goncharov – September, 2020

Understanding Society: The Interplay of Reason and Emotion, Gerald Gutenschwager – September, 2020

From Limits to Growth to Unlimited Wellbeing: A Revolutionary’s Vision of Wealth and Welfare, Garry Jacobs, Ivo Šlaus – July, 2020

Transforming Our World: Necessary, Urgent, and Still Possible, Ivo Šlaus – June, 2020

Sustainable Finance, Frank Dixon – October, 2019

Income Distribution and Social Policy: Relevance for the Social Dimension of Sustainability, Estelle Herlyn, F. J. Radermacher – October, 2019

System Change Investing and the Sustainable Development Goals, Frank Dixon – May, 2019

Power and Climate Change Governance: Negative Power Externality and the Brazilian Commitment to the Paris Agreement, Danielle Sandi Pinheiro – May, 2019

The Leadership the World Needs, Ashok Natarajan – October, 2018

Unorthodox Thoughts on the Economic Crisis and the Dictum of Protagoras, Gerald Gutenschwager – May, 2018

Quest for a New Paradigm in Economics, Garry Jacobs et al. – May, 2017

NET Working Group Project Scope and Topic Outline – April, 2017

Money, Markets and Social Power, Garry Jacobs – May, 2016

The Market Myth, Tomas Bjorkman – May, 2016

EU between Monetarism and Keynesianism, Mladen Stanicic, Josip Sapunar – November, 2015

Introduction to the New Paradigm of Political Economic Theory, Winston Nagan – November, 2015

Changing the Dominant Paradigm in Economics, Maria Mollo – October, 2015

Uncorking the future: Transitions to a new paradigm, Garry Jacobs – May, 2015

Contours of New Economic Theory, Garry Jacobs – May, 2015

The need for a new paradigm in economics, Garry Jacobs – January, 2015

New Paradigm in the Service Economy – The Search of Economics for Scientific Credibility: In between Hard and Soft Sciences, Orio Giarini – October, 2014

Need for a New Economic Theory, Orio Giarini – March, 2014

Discussion of Some Elements of the “New Economy”, Yehuda Kahane – March, 2014

Facing uncertainty in the new economy, Orio Giarini – March, 2014

The Demographic Revolution: Reconceptualizing Macroeconomics, Orio Giarini – May, 2013

Steve Jobs: Nobel Laureate, Garry Jacobs – May, 2013

Multiplying Money, Garry Jacobs – May, 2013

Counter-Aging in the Post-industrial Society, Orio Giarini – October, 2012

The Power of Money, Garry Jacobs, Ivo Šlaus – October, 2012

On the Need for New Economic Foundations: A Critique on Mainstream Macroeconomics, Robert Hoffman – October, 2012

Crisis and Opportunities — A Manifesto for Change, Garry Jacobs, Ian Johnson – May, 2012

Great Transformations, Orio Giarini, Garry Jacobs, Ivo Šlaus – April, 2012

The Great Divorce: Finance and Economy, Orio Giarini, Garry Jacobs, Ivo Šlaus – April, 2012

Immediate Solution for the Greek Financial Crisis, Garry Jacobs, Ivo Šlaus – April, 2012

Economic Crisis & the Science of Economics, Orio Giarini, Garry Jacobs, Ivo Šlaus – April, 2012

Inclusive Growth: Why is it important for developing Asia?, Jesus Felipe – April, 2012

From Limits to Growth to Limitless Growth, Garry Jacobs, Ivo Šlaus – April, 2012

Rethinking Growth: The Need for a New Economics, Roberto Peccei – October, 2011

The Evolution of Wealth & Human Security: The Paradox of Value and Uncertainty, Orio Giarini, Garry Jacobs – October, 2011

Real Economies and the Illusions of Abstraction, Hazel Henderson – October, 2011

Science and Economics: The Case of Uncertainty & Disequilibrium, Orio Giarini – April, 2011

A Project on The Wealth of Nations Revisited, Ivo Šlaus, Garry Jacobs – October, 2010

Updating Macro-economics, Orio Giarini – October, 2010

Indicators of Economic Progress: The Power of Measurement and Human Welfare, Garry Jacobs, Ivo Šlaus – October, 2010

Human centered Economics, Garry Jacobs – April, 2010

Issues and Questions for a New Economics, Garry Jacobs – January, 2010

Creating new capital, Gwendolyn Hallsmith, Bernard Lietaer – January, 2010

The Service Economy: The Context For the New Welfare, Orio Giarini – July, 2005

A Slightly Contrarian Perspective on a Nuclear-Free World, John F. Gaski – September, 2020

The New Economy: A Financial Climate for Climate Finance, Yehuda Kahane – June, 2020

Emerging New Civilization Initiative (ENCI): Emergence from Emergency, Carlos Alvarez Pereira – October, 2019

Book Review of Come On!: A Report to the Club of Rome: New Frontiers, Michael Marien – May, 2018

Book Reviews – Global Systems Change: Six Linked Perspectives, Michael Marien – October, 2017

Greening Capitalism, Quietly: Seven Types of Organizations Driving the “Necessary Revolution”, Michael Marien, Michael Sales – June, 2017

Book Review: New Earth Politics: Essays from the Anthropocene Eds. Simon Nicholson and Sikina Jinnah, Michael Marien – May, 2017

Biopolicy—Creating Positive Momentum to Save Bios, Agni Vlavianos-Arvanitis – April, 2017

Green Economy and Sustainable Development: The Latin American Scenario, Ione do Santos Velame, Joanílio Rodolpho Teixeira – April, 2017

Twelve Action Lines For a Better World, F.J. Radermacher – April, 2016

How to Finance our Sustainable Development Goals (SDGs), Stefan Brunnhuber – October, 2015

Building a Caring Economy and Society, Riane Eisler – May, 2013

Path to a Just and Sustainable New Economy, David Korten – January, 2010

Is Globalisation Sustainable?, Pim Martens, Mohsin Raza – January, 2010

Eco-nomics: Are the Planet-Unfriendly Features of Capitalism Barriers to Sustainability?, Merrill Singer – January, 2010

Quantifying sustainability: Resilience, efficiency and the return of information theory, Bernard Lietaer et al. – November, 2008

Institutional Challenges to the Labor Market and the Fourth Industrial Revolution in the light of a New Paradigm in Economic Thinking, Joanílio Rodolpho Teixeira – December, 2018

Social Power and Stabilization Strategies: A Case Study of Brazilian Troops Deployment in Haiti, Juliana Sandi Pinheiro, Danielle Sandi Pinheiro – December, 2018

Lifelong Learning: A Necessity in the Knowledge Society, Raoul Weiler – July, 2018

The Political Economy of Neoliberalism and Illiberal Democracy, Garry Jacobs – October, 2017

Building that Bridge over the Skills Gap, Janani Ramanathan – October, 2017

On Common Future Education – Presentation,  Stefan Brunnhuber – November, 2015

Paradigm Shift Project Review – Presentation, Garry Jacobs – November, 2015

The Double Helix of Learning and Work, Orio Giarini, Mircea Malitza – October, 2015

Employment & the Unity of Social Sciences, Ivo Šlaus – May, 2015

The Double Helix of Learning and Work: Chapter 4 – The Knowledge Economy and Work, Orio Giarini, Mircea Malitza – May, 2015

A People-centred, Preventive Approach to Disaster Risk, Donato Kiniger-Passigli, Anna Biondi – February, 2015

The Double Helix of Learning and Work: Chapter 3 – I Work, Therefore I Am, Orio Giarini, Mircea Malitza – October, 2014

Youth Employment Forum – Presentation, Zbigniew Bochniarz – July, 2014

Prospects for Full Employment in Bosnia – Presentation, Garry Jacobs – July, 2014

Book Review: The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies, Michael Marien – May, 2014

Double Helix of Learning and Work, Orio Giarini, Mircea Malitza – April, 2014

The Double Helix of Learning and Work, Orio Giarini, Mircea Malitza – October, 2013

Integrated Strategies for global full employment – Presentation, Garry Jacobs – June, 2013

Integrated Strategies for global full employment, Garry Jacobs – June, 2013

An Aging Workforce: Employment Opportunities and Obstacles, Mirjana Radović-Marković – May, 2013

Global Employment Model – Presentation, Garry Jacobs – November, 2011

Global Employment Model, Garry Jacobs – November, 2011

Potential for Full Employment, Garry Jacobs – November, 2011

Global Prospects for Full Employment, Garry Jacobs, Ivo Šlaus – April, 2011

Employment Guarantee Policies, Rania Antonopoulos – November, 2010

Theory and Strategies for Full Employment, Ashok Natarajan – October, 2010

Human Rights and Employment, Winston Nagan – October, 2010

From Newtonian Economics to Full Employment: Need for new theory, Garry Jacobs – January, 2010

The Employment Dilemma: Report to the Club of Rome, Orio Giarini, Patrick Liedtke – June, 2005