The Common Good Model: A Proposal for a Global Political, Economic, and Social System

By Diego Isabel.

Published by Change Management: An International Journal

Format Price
Article: Print $US10.00
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

Change Management: An International Journal, Volume 14, Issue 1, July 2015, pp.15-23. Article: Print (Spiral Bound). Published online: July 8, 2015 (Article: Electronic (PDF File; 651.146KB)).

Diego Isabel

International Coordinator of Vision & Strategy, International Coordination Team, Economy for the Common Good International Association, Brighton, England, UK

I like working in projects that contribute to build a better world. In my role as international coordinator of Vision & Strategy in the Economy for the Common Good International Association, I am in charge of the motivation and coordination of the eight members of the International Coordination Team as well as the implementation of our strategy in the 25 countries where we are present. As a social entrepreneur, in 2000 I set up the company DYNAMYCA Consulting dedicated to business management and sustainability, and I am President of the NGO Fundacion EMOTIVA which promotes social business in Spain and Latin-America. I am an international speaker and author of the book “Yo Soy Tú: Propuesta para una Nueva Sociedad” (“I am You: Proposal for a New Society”) and several articles about social corporate responsibility and sustainable development.