Economics

Explore our archive of articles on Economics.

Globalization: Reconciling Economics and Spirituality

Article

The general public embraces two extreme notions of globalization. One, that right now it is an inevitable phenomenon - an uncontrolled process that no one can influence, the other that we indeed can change the direction of globalization. There are many possibilities in between.

Book Review: Sacred Economics | Money, Gift and Society in the Age of Transition

Article

Is a more beautiful world possible? Many of us dream it is, and Charles Eisenstein’s latest book, Sacred Economics, shows that it’s possible and even probable.

Sharing the World’s Resources

Article

As the 21st Century unfolds, humanity is faced with a stark reality. Following the world stock market crash in 2008, people everywhere are questioning the unbridled greed, selfishness and competition that has driven the dominant economic model for decades. The old obsession with protecting national interests, the drive to maximise profits at all costs, and the materialistic pursuit of economic growth has failed to benefit the world’s poor and led to catastrophic consequences for Planet Earth.

Everyone a Changemaker – Social Entrepreneurship’s Ultimate Goal

Article

Rodrigo Baggio grew up in Rio de Janeiro loving computers. As he matured into an extraordinarily tall, thin man with a hugely wide smile, he became a computer consultant. However, from early on, he was one of the few in his generation who noticed—with concern—that the young people growing up in the favelas on the hills overlooking his middle-class neighborhood had no access to this digital world.

Seven Acupuncture Points for Shifting Capitalism to Create a Regenerative Ecosystem Economy

Article

This paper explores the underlying system of thought that has led to our current economic, ecological, social, and spiritual crisis and proposes new ideas and leverage points for a green, inclusive, and intentional ecosystem economy.

Stages of Development: Cultural, Political and Economic

Article

Quo Vadis, Humanity? Today we face serious questions around rigid ideologies, national boundaries, proprietary interests, technological utopias and naive, egalitarian demands. Global debates center on competing economic models, open political access, mandated equality of opportunity and results, and a host of other external, top-down solutions.

Embracing Spiritual Economics

Article

In every era of human history humanity has faced a unique challenge. Not long ago, the challenge was to reconcile science and religion. And, as we all know, that reconciliation process was not problem free; e.g., in fact, many people died because they argued that the Earth was round!

Interest Rates and Climate Change: Realigning our Incentives through the Power of the Commons

Article

During the past several decades, humanity has emerged as a perilous force of nature. Through its technological, economic and political choices and activities, modern civilization has produced destructive economies of scale, powered by exponential growth and fossil fuels. Our consumption of vital resources is already exceeding the carrying capacity of the planet.

People Sharing Resources | Toward a New Multilateralism of the Global Commons

Article

The opening decades of this century are a pivotal time in which many of our current beliefs and practices will be reexamined. During the last century, the economic and political catastrophes that befell the world inspired an earlier generation to create a multilateral system defined by an unprecedented vision of cooperation and security for the international community.

The Alfredo Sfeir-Younis Story

Article

Kosmos is honored to salute Alfredo Sfeir-Younis, a beloved member of the Kosmos Advisory Board and deeply respected and dedicated Global Citizen. Recently retired from twenty-nine years at the World Bank, he has devoted his life to alleviating the misery of poverty on a macro-scale and to embracing each individual who crossed his path with compassionate concern.