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Books > Earth & environment > The environment > Environmental economics
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The Cooperative Economy - A Solution to Societal Grand Challenges (Hardcover)
Loot Price: R3,705
Discovery Miles 37 050
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The Cooperative Economy - A Solution to Societal Grand Challenges (Hardcover)
Expected to ship within 12 - 17 working days
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Societal grand challenges have taken a toll on humanity, which
finds itself at a crossroads. The concentration of wealth and
economic inequality, the dominance of Big Tech firms, the loss of
privacy and free choice, and the overconsumption and abuse of
natural resources have been reinforced by globalization.
Regulation, legislation, international treaties, and government and
corporate policies have fallen short of offering sufficient
remedies. This book identifies the root cause of these problems and
offers a bold solution: a new economic system, free from the design
flaws that have contributed to these societal grand challenges. The
proposed cooperative economy is an ethical community-driven
exchange system that relies on collective action to promote
societal values while accounting for resource constraints. Unlike
the modern economic system that is predominantly driven by
opportunistic behavior, the cooperative economy moves away from a
materialistic orientation and follows a more balanced perspective
that leverages prosocial behavior. The book explains how this new
system adopts design principles that promote self-sufficiency of
communities, sustainability and entrepreneurship while limiting
overconsumption and excessive profit-making. It enhances economic
equality by leveraging price subsidization and by restricting
salary differences. The book describes how the system serves the
interests of consumers, vendors, and employees while preventing the
accumulation of power by the platform owner who operates this
system. This book is invaluable reading for policymakers who have
been searching for solutions to some of the grand challenges that
our society faces, and to managers who have sought alternative ways
to cope with platform ecosystems, resource shortages, and supply
chain disruptions. It revisits long-held assumptions, offering a
treatise and food for thought, as well as a plan for concrete
action. The book is also highly relevant to scholars and students
in the study of economics, strategy, innovation, and public policy
and to all readers who are concerned about the future of our planet
and society.
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