New Economy Week – Question of the Day!

In the late 1970s, U.K. Prime Minister Margaret Thatcher often repeated the phrase “There is no alternative” — meaning that deregulated capitalism was the only possible way of doing things.

It’s an idea that still carries a lot of weight today, stifling the popular imagination. The feeling that we’re stuck with the system is so embedded in the dominant narrative that when the economy collapsed in 2007 we couldn’t imagine an alternative to bailing out the banks and hitting restart on Wall Street.

Except that’s not entirely true. Communities and social movements have been imaging alternatives to capitalism — many alternatives — for centuries.

A major challenge for our movements is creating space in the popular imagination for these ideas to flourish so that when the next crisis happens the solutions on the table move us closer to the world we need.

This raises the question we’re wrestling with on day two of #NewEconomyWeek:

How can we catalyze public conversation about the need for systemic change and the viability of economic alternatives that put people and the planet first?

Today, and each day this week, we will be featuring written responses by NEC coalition members and allies. We are also thrilled to be partnering with Yes! Magazine to broadcast some of this week’s content on their website. Check out their #NewEconomyWeek page here.


The New Economy Coalition team

Speak Your Mind