|Published online: July 8, 2015||$US5.00|
Economy for the Common Good (ECG) is an alternative new political, social and economic world system that promotes the common good instead of economic profit and cooperation instead of competition. It proposes a three-way transformation in people, organizations and governments based on five main values: Human dignity, solidarity, social justice, ecological sustainability and democratic co-determination.The Common Good Matrix evaluates the five values in terms of each stakeholder, resulting in seventeen indicators and a score of between 0 and 1.000 points. Organizations use the indicators to assess and report their performance in a Common Good Balance. The Common Good Index as an alternative to Gross Domestic Product. ECG is achievable. It has already been implemented in 1600 organizations, 22 municipalities, two regional governments, 32 universities and 122 local groups in 25 different countries. The only challenge is opening our minds to a new paradigm. ECG is being successfully implemented in municipalities, organizations and regional governments. The next steps are its implementation in national governments and developing policies and laws that benefit organizations with a higher contribution to the common good.
|Keywords:||Common Good, Economy for the Common Good, Government for the Common Good|
International Coordinator of Vision & Strategy, International Coordination Team, Economy for the Common Good International Association, Brighton, England, UK