A wellbeing economy is a vision of a sustainable future. We need an economy that prioritizes human and planetary wellbeing over the financial profit of an elite minority. This culture shift will govern our approach to all aspects of society.
This video provides a brief overview of the history of the American economy as it outlines its shortcomings. It proposes a system in which we evaluate the success of an economy based on planetary health and wellbeing of all people.
Our current economic systems have become addicted to “growth at all costs”, as measured by Gross Domestic Product (GDP). It's assumed that GDP growth is synonymous with increasing wellbeing and prosperity. However this approach has led to growing inequality, an escalating climate crisis, and the depletion of natural and social capital.
The Story of Solutions explores how we can move our economy in a more sustainable and just direction, starting with orienting ourselves toward a new goal. In the current 'Game of More,' we're told to cheer a growing economy—more roads, more malls, more stuff—even though our health indicators are worsening, income inequality is growing, and polar icecaps are melting. But what if we changed the point of the game? What if the goal of our economy wasn't more, but better?—better health, better jobs and a better chance to survive on the planet?