University of Macau Library

Author: Waldersee, Christoph
Title: Imagining a conscientious economy
Journal Name: The Journal of the Macau Ricci Institute
Pub. Info: Sept. 2021, No. 8, pp. 128-138
Link: http://mrijournal.riccimac.org/articles/issue_08/MRI_Journal_Issue_Eight.pdf
Abstract: The multiple layered crises (pandemic, climate change, differences in development, migration pressures, etc.) force us to consider what kind of economic growth we have and what we may need. In this article, I shall attempt to outline some key features of what could be developed in a “Conscientious Economy”. Given the observable diversity among various national responses to the Covid-19 crisis, it is clear that no existing economic model is likely to be sufficient to trigger a global recovery that is both fair to all and sustainable. This paper will indicate that there are some promising attempts to rethink economics that need further study, and serious efforts at their implementation. These should become our priority as we seek to overcome the lingering effects of Covid-19. Paragraph Headings: 1. Acknowledging the underlying crisis while still fighting to overcome the pandemic 2. Resources for rethinking economics 3. A role for interreligious dialogue and collaboration 4. Making progress toward a conscientious economy 5. Conclusion