Breaking the Wall of Misleading National Indicators. How Economics Can Measure Real Progress

Description

With major crises shaking global markets and projecting uncertain scenarios for the future of historical superpowers, the need for a revision of the capitalist system as we know it is evident. In this 2011 Falling Walls video lecture, Stewart Wallis explores the most fundamental obstacles to our survival: the systemic problem of economies faced with growing inequality and instability, and a failure to live within ecological limits. Wallis works to promote research and solutions capable of challenging the mainstream conception of economy by reframing it with social justice, environmental sustainability, and collective well-being. He urges policy makers to transition to an economy that abolishes outdated economic indicators like the gross domestic product, or GDP, and takes ecological boundaries and human needs into account.

Runtime

15 min

Subjects

Contributor

Genre

Date of Publication

[2012], c2011

Database

Films on Demand

Direct Link

Similar Films

Malawi. Nation going hungry
Chelsea Kingsley Discusses Definition Of Success
Karim Abouelnaga Discusses Being A Student Entrepreneur
Economics U$A. What is it all about? GNP/GDP. 15
A Conversation With Robert Whitman. Conversations with Giants
Randy Brandoff Discusses Being Outside Your Comfort Zone
Economics U$A. Who can explain the business cycle? Boom and bust. 16
Gov. Snyder. Products coming back to Michigan
David Bornstein States College Summit Is A Great Example of Creating Change From Within
Diane Sakach Discusses Importance of Having Both Mentors and Sponsors
Royal mail should focus on parcels. Kelly
Maria Pacheco Discusses Start In Organic Farming
The Secure Leader
Michael Thompson Discusses Role Of Emotional Intelligence
Gulf 's Big Three Airlines