Summary of "Economía del bien común" con Christian Felber - Ciclo "Reinventando la vida en Común"

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00:00:00 - 01:00:00

This video discusses the idea of "economics of the common good" with Christian Felber. Felber explains how the current economic system is based on a false dichotomy between free markets and socialism, and that there are many viable alternatives to this system. He also provides an overview of his proposed pragmatism-based economic system, which would combine markets and cooperatives with public ownership of resources. He argues that this system would be beneficial for the environment and for the common good, and would be a departure from the current art-based economy.

00:00:00 Christian Felber, a professor at the University of Malaga, discusses the Model of Economic Cooperation (MEC) with Daniel Raventós. The MEC is an alternative to capitalist market systems, which focuses on community-based practices. It has been successfully implemented in a number of municipalities and universities around the world. Felber also discusses the current pandemic economy, and how it can be seen as part of a larger trend of the MEC gaining popularity. He credits the MEC's strong connection to the practice of business with its continued success.
00:05:00 Christian Felber, a speaker on the economy of commons, discusses how local groups, general associations, and individual businesses have played a role in the movement. He also mentions specific examples of successes in this movement, such as companies and institutions that have aligned themselves with the economy of commons. He goes on to say that more municipalities are beginning to adopt the concept of the commons, and that he is particularly interested in Andalusia, where Roman Haddad is the first municipality to formally adopt the concept. The talk concludes with a discussion of immediate measures that governments should take in response to the coronavirus pandemic.
00:10:00 This YouTube video discusses the economic consequences of the increased risk of pandemics, specifically the coronavirus. It discusses how the disproportionate focus on resolving the risk posed by the coronavirus is inconsistent with past efforts to address other major health and environmental risks. The video also points to the role that wealth and power play in determining government priorities, and suggests that more effective preventative measures could be implemented if funded by wealthy individuals and organizations rather than government agencies.
00:15:00 The video discusses the importance of balancing economic growth with environmental sustainability, and proposes a model of economy that is based on cooperation and mutual respect. It argues that the current model of economics, which is based on individualism and competition, is outdated and is leading to the destruction of the environment.
00:20:00 Christian Felber, a speaker in the "Economía del bien común" video series, discusses the possible changes to the current economic system. He points out that there are several different economic systems, each with its own set of values and rules. He discusses the role of law in this system, and how it determines which economic system is in place. He also talks about possible alternatives to the current economic system, including socialism, capitalism, and the free market.
00:25:00 In this video, Christian Felber discusses the concept of "economic commonality" and how it relates to his proposal for a reformed economic system. He argues that our current economic system is based on a false dichotomy between free markets and socialism, and that there are many viable alternatives to this system. He also provides an overview of his proposed pragmatism-based economic system, which would combine markets and cooperatives with public ownership of resources. He argues that this system would be beneficial for the environment and for the common good, and would be a departure from the current art-based economy.
00:30:00 Christian Felber, a speaker in the video "Economía del bien común" explains how capitalism is not the only way to create an economy, and that economies can be based on different principles, including the "Bien Común." He goes on to say that, even in democratic countries, the goal of economic activity is often not the well-being of all, but rather the accumulation of capital. He argues that, if we truly want to improve the lives of everyone, we must abandon the capitalist system and return to principles from centuries ago. This would require a fundamental change in education and economic practice, and would be supported by the fundamental ethical mandate of democratic constitutions.
00:35:00 The video discusses the idea of "economics of the common good" with Christian Felber, and provides four levels for measuring it: 1) fundamental values such as democracy, justice, sustainability, and participation; 2) how an organization lives up to these values in its everyday operations; 3) how these values are affected by an organization's activities in the market; and 4) how an organization's overall score on the economy of the common good is determined. Felber emphasizes that it is important for businesses to be rated on their ethical behavior, too, and hopes this trend will continue.
00:40:00 Christian Felber, a guest speaker on "Economía del bien común" explains how the economy can be reformed to be more in line with the common good, and offers possible solutions such as creating conditional social and ecological markets. He also discusses how governments could tie the degree of support given to businesses to their social and ecological contributions.
00:45:00 The video introduces the idea of "economía del bien común," or a system in which businesses that produce goods and services that are essential for the common good are more important than businesses that produce goods and services that are not. The video goes on to say that, in Spain, there is a debate about whether or not a minimum income should be introduced, with some people preferring a higher minimum income and others preferring a lower minimum income. The video also introduces the idea of "ingreso máximo," or the maximum amount of income that a person can receive. The video finishes by proposing a number of ideas that could help to reduce inequality, including a global minimum income, a maximum income, and the issuing of public debt by the central banks of all member countries of the European Union.
00:50:00 Christian Felber, a guest on "Economía del bien común" discusses the idea of human rights and ecological rights, and how they could be implemented in a way that would be both effective and sustainable. He suggests that the global commons be closed off to those who do not already have a share, in a way that is equitable for all. This would go a long way in ensuring that the planet is left in a livable condition for future generations.
00:55:00 Christian Felber, a economics professor at the University of Chile, discusses the idea of "sovereign democracy" and how it would work in practice. He argues that the current system of government is not truly democratic, as the citizens have little say in the decisions made about their lives. He suggests that each person have the right to sell a part of their ecological footprint to the rich, in order to equalize power and give the poor a better chance at having a voice.

01:00:00 - 01:40:00

Christian Felber discusses how the economy can be used to improve the common good, and how moderated pragmatism is a way to go beyond the dualistic thinking that often dominates debate. He also discusses how limits to inequality are important for capitalists, and how democracy is important for making decisions about the economy. Finally, he discusses how education can help ensure that citizens share common values that lead to the pursuit of the common good.

01:00:00 Christian Felber, a professor of economics at the University of Vienna, discusses the concept of "common good" economics, which he defines as "the production of goods and services that are shared by all members of a community." He goes on to explain that in many countries, the "factor 8" in terms of the amount of social inequality exists. He then introduces the concept of "commonwealth," which refers to the idea that the community as a whole should be the ruler, not the individual. Felber discusses the concept of "common goods" and how they can be used to measure the overall well-being of a community. He also compares and contrasts the two concepts of "free market" and "social market." He concludes the video by discussing the importance of citizen participation in economic decisions and the recent trend of "common good" economics.
01:05:00 Christian Felber, a guest speaker on economics of the commons, discusses how a new policy direction will be based on indicators like GDP instead of a single, overarching indicator like profit. This more complex system will include 50 or 60 different indicators, providing a more complete picture of life. He goes on to say that life is not simple, and that the complexity of life is what gives us the power to protect our biodiversity. He also talks about how businesses can participate in the commons by taking on risk, and how the current incentive system isn't working in favor of businesses doing the right thing. He ends the talk by discussing a paper he recently wrote on businesses taking on risk in the commons.
01:10:00 In this video, Christian Felber, a German economist, discusses how businesses can improve their ethical practices to improve the overall economy. He notes that businesses that conduct ethical balance sheets consider both their suppliers and their customers ethically, in order to create a more sustainable and ethical system. Felber proposes the establishment of a global trade system based on ethical principles, in order to protect consumers and the environment.
01:15:00 The video discusses how Europe introduced a carbon tax of, say, 100 euros per ton of carbon dioxide imported from Europe, and how the European Union would have the moral right to impose an ecological tariff against Europe of 100 euros per ton of carbon dioxide imported from Europe. I agree with this logic and believe it will eventually be implemented. However, I don't know when. What I do know is that the direction is defined and the more people who commit to these proposals, the more important local and regional democratic assemblies will become, and the greater the political pressure to implement these decisions. Ultimately, it will be up to the governments and parliament to deal with the issue of how to access the situation of common market economy, as Aurelio Lopez, from the left, didn't ask if there was any way to push the economy of common good forward--he asked if there was any way to push it in a more transversal direction-- and the answer was yes. A study was recently conducted by the University of Seville, only in the municipality of Madrid, Spain, on the topic of economic common good. All of the parties in the political spectrum are represented. The study showed that, while the concept of transversality is usually associated with the left, in
01:20:00 Christian Felber discusses how the economy can be used to improve the common good, and how moderated pragmatism is a way to go beyond the dualistic thinking that often dominates debate. He also discusses how limits to inequality are important for capitalists, and how democracy is important for making decisions about the economy. Finally, he discusses how education can help ensure that citizens share common values that lead to the pursuit of the common good. Christian Felber discusses how the economy can be used to improve the common good, and how moderated pragmatism is a way to go beyond the dualistic thinking that often dominates debate. He also discusses how limits to inequality are important for capitalists, and how democracy is important for making decisions about the economy. Finally, he discusses how education can help ensure that citizens share common values that lead to the pursuit of the common good.
01:25:00 Christian Felber, a professor at the University of Applied Sciences in Berlin, Germany, talks about the economy of common good and how citizens have voted against both the European Commission and the European Council. He also discusses why he is opposed to institutions that do not have a democratic legitimacy directly from the sovereign institution, and how increased democracy and direct rule would lead to better economic practices. He then asks some questions about the energy supply and how attempts have been made to apply the principles of the common good to food companies. He concludes by saying that the capitalists have a different system of values than the majority of the population, and that if they were to change their values, they could make a difference.
01:30:00 Christian Felber, a philosopher, educator, and activist, delivers a talk on the economy of the common good, with a focus on trade and the need for a more ecologically sustainable model. He argues that while the majority of the population may be against mandating businesses to become more sustainable, this would be a balanced and common-sense approach if the public were given accurate information on product prices. However, this is not the case, as most people only have partial or inaccurate information on environmental impacts. Felber proposes that in order to promote a consumer economy that is more ecologically sustainable, the free trade principle should be given precedence over proximity, and that countries commit to this policy explicitly in their foreign trade agreements.
01:35:00 This video features Christian Felber, a professor at the University of Basel, discussing the benefits of free trade, which he argues are essential for achieving greater prosperity and social justice. He cites examples of countries in Europe who have implemented trade reforms successfully, such as Costa Rica, Switzerland, Luxembourg, and New Zealand, and talks about how Spain could also benefit from similar changes. He also discusses the importance of democracy in trade policymaking, and how progress on these fronts is hindered without strong political institutions.
01:40:00 Christian Felber, a speaker on economics and sustainability, gave a talk on the topic of "Economía del bien común" (common good economics). He argued that democracy, human rights, and equality are all integral to this type of economics, and that it will take between 10 and 50 years to get the legal foundations in place for this type of economy to be successful.