World Majlis
The Business of Compassion: The Value(s) of Our Economy
Globalisation and the transformations of the Fourth Industrial Revolution haven’t made us all richer in equal ways. Fewer people may be living in poverty today than at any other time in history, but inequalities in income and access to opportunities are at their widest ever. Moreover, the increased flow of goods, services, capital, people, and ideas across the globe has led to serious negative effects on the environment.
The economic theories that for decades have shaped the direction of growth and development are clearly failing to account for the value of the environment and natural human behaviour, as well as the role of empathy and social responsibility. New models and indicators that factor in environmental, health and social impact alongside business will be needed to enrich and extend the current approaches.
Join this World Majlis to share your insights and collectively contribute to building a better future.
Highlights
Can being good to people and the planet be good for the economy too?
What indicators help us go beyond GDP to track the overall wellbeing of our society?
How can we transform current economic systems into more inclusive ones, that meet the needs of people within the means of our planet?
Where are these new approaches going to come from?