Phrase by 'Tim Jackson'
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If we are going to be able to create a new economic vision, companies will need to rethink every aspect of their operations; their bottom lines, ownership structures, demands on financial returns, how they raise capital. For example, an ethical company would say it should only take a fair share of the planet's resources and campaign on this.
Author: Tim Jackson - British EconomistNew , Will , Company , Vision
Big companies are reliant on institutional investors on a punishing schedule which leads to ruthless behaviour. This form of capitalism with this structure and incentives will never deliver sustainability.
Author: Tim Jackson - British EconomistNever , Will , Capitalism , Sustainability
The most staggering linguistic turnabout for me is the one that equates green economy with 'sustained economic growth.'
Author: Tim Jackson - British EconomistMe , Green , Growth , Economic Growth
The philosophical point is that our happiness and wellbeing is not based on incomes rising. This is not just the wisdom of sages but of ordinary people. Prosperity is more social and psychological: it's about identification, affiliation, participation in society and a sense of purpose.
Author: Tim Jackson - British EconomistPeople , Society , Wisdom , Happiness
On the mathematical side, you could in principle build a society in which people were fulfilling their needs and flourishing as human beings in a higher way than in a consumer society, provided you had the right investments in the opportunity to flourish in less materialistic ways.
Author: Tim Jackson - British EconomistYou , People , Society , Opportunity
We have stood up and said continuing growth in the Western world is unjust, inappropriate and potentially destabilising. Having said that, we understand why governments do it, so there is an onus on us to show there are other stories and to identify the institutional innovations you might need in order to arrive at this other place.
Author: Tim Jackson - British EconomistYou , World , Place , Growth
The care and concern of one human being for another is a peculiar 'commodity.' It can't be stockpiled. It becomes degraded through trade. It isn't delivered by machines. Its quality rests entirely on the attention paid by one person to another. Even to speak of reducing the time involved is to misunderstand its value.
Author: Tim Jackson - British EconomistTime , Value , Care , Quality
In short, avoiding the scourge of unemployment may have less to do with chasing after growth and more to do with building an economy of care, craft and culture. And in doing so, restoring the value of decent work to its rightful place at the heart of society.
Author: Tim Jackson - British EconomistWork , Heart , Culture , Growth