Totnes, England - Schumacher College – Economics for Transition MA, Achieving Low-Carbon, High Well-Being, Resilient Economies
Never has there been a more important time for a new approach to economics.
There is an urgent need for a radical rethink of our economic system. We need new thinking and new models that recognise the challenges we face now, rather than blindly following the path that has led us into the converging crises we now face.
These models will enable us to both mitigate the impacts and adapt to these inter-locking crises – including climate change, biodiversity loss, the peaking in fossil fuel energy supplies, financial instability, food security, poverty and so on.
They will be built on an understanding of the complementarity of ecological protection and human flourishing.
For 20 years, pioneering thinkers and practitioners have been developing alternative economic ideas, models and experiments that were once considered radical and marginal.
As we turn to face a new economic dawn, these theories and practices are now moving centre stage.