Creating an economy of the common good – Diego Isabel la Moneda

Diego Isabel la Moneda is the Executive Director of the New Economy and Social Innovation (NESI) Forum, and Co-Founder and Director of the Global Hub for the Common Good. NESI aims to co-create a new economy at the service of people and the planet through innovative impact initiatives, public policy proposals and the organization of forums and other events aimed at connecting and promoting the new economy and social innovation ecosystem. Diego is author of the book Yo Soy Tú: Propuesta para una Nueva Sociedad (I Am You: Proposal for a New Society) (Octaedro, 2013) www.yosoytu.com, co-author of Dentro de 15 años (Within 15 years) (Lid, 2014) as well as an international speaker.

In this episode, Diego contrasts today's dominant economic system based in growth, profit maximization, redundant global trade (for example Spain, a top orange-producing country, both exporting and importing oranges from the global market), competition and urbanization with the needed alternative of an "economics of the common good", based in collaboration, democratization, decentralization, and rural revitalization. Shifting to this new economy will require both supportive public policies, as well as a cultural shift rooted in a redefinition of "success" from wealth and power to strong webs of relationships with other people and nature and doing meaningful work for the common good.

To watch the video of this series, visit: Planet Local Voices interview series.

The music for this series is ‘Pines and Violet’, by Sky Toes.