Civil economy: definition and strategies for sustainable well-living

Becchetti, Leonardo; Cermelli, Massimo

doi:10.1007/s12232-018-0299-6

Cited by 23 publications

(16 citation statements)

References 59 publications

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“…The civil economy perspective not only goes beyond the standard economic approach and its reductionisms but also widens the political economy approach, which defends a “two-hand” system composed by the invisible hand of the market and the visible hand of the institutions. The civil economy perspective evolves this view towards a “four-hand" system, and it also takes into account active citizenship and productive and sustainable organizations, in addition to market and institutions [ 51 ]. In this sense, the civil economy paradigm seeks to transcend the reductionist vision that the neoclassical paradigm has of individuals, corporations and value, to focus on generativity and the common good [ 52 , 53 , 54 , 55 ].…”

Section: Research and Reference Literaturementioning

confidence: 99%

Who Is Afraid of Population Aging? Myths, Challenges and an Open Question from the Civil Economy Perspective

Calvo-Sotomayor

Atutxa

Agüado

2020

IJERPH

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Population aging is a great human achievement, but the economic literature normally addresses its effects in a narrow way and as a “problem” to be solved. The objective of this paper is to provide a more balanced approach to aging by calling into question some widespread ideas in the economic literature on aging, such as its supposed negative influence on economic growth, its impact on labor productivity or the assumption that aging societies are incapable of applying reforms. The paper adopts the renewed civil economy framework and takes as a reference the existing literature about beliefs and wrong assumptions on aging. The innovative contribution of this analysis lies in its effort to foster a positive perspective in the population aging field of research and in challenging negative associations regarding old-age stereotypes.

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Section: Research and Reference Literaturementioning

confidence: 99%

Who Is Afraid of Population Aging? Myths, Challenges and an Open Question from the Civil Economy Perspective

Calvo-Sotomayor

Atutxa

Agüado

2020

IJERPH

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“…In the last decade, scholars have rediscovered the Italian tradition of Civil Economy and the different vision of the market it offers, one that is anchored on reciprocal assistance in market exchange relationships. So far, scholars are discussing Civil Economy especially in the fields of the history of economic though and in economics and philosophy (Becchetti and Cermelli 2018;Bruni 2013;Bruni and Porta 2003;Bruni andSugden 2000, 2008;Bruni and Zamagni 2016;Pabst 2018). Nevertheless, this book proposes looking also at business ethics and organizational studies through the lens of Civil Economy, especially considering the notion of virtue provided by civil economists.…”

Section: The Civil Economy Traditionmentioning

confidence: 99%

Civil Economy and Organisation

Sferrazzo

2020

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“…A legacy of this orthodoxy has been a preoccupation with maximizing the production (and consumption) of goods and services at the lowest price. This provides the basis for defining national prosperity and higher material standards of living for all ( 26 ). In reality, however, this fosters perverse incentives in the pursuit of lower costs of production and increases in labor productivity.…”

Section: Introductionmentioning

confidence: 99%

“…□ The Civil economy paradigm ( 26 )—seeks to counter “anthropological reductionism” where profit maximization is socially harmful and instead create value from “civic fertility” and accumulation of a multi-dimensional stock of (spiritual, economic, relational, environmental, and cultural) goods enjoyed by a community.…”

Section: Introductionmentioning

confidence: 99%

Measuring, Modeling, and Forecasting the Mental Wealth of Nations

Occhipinti

Buchanan²,

Skinner³

et al. 2022

Front. Public Health

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The COVID-19 pandemic has exposed the deep links and fragility of economic, health and social systems. Discussions of reconstruction include renewed interest in moving beyond GDP and recognizing “human capital”, “brain capital”, “mental capital”, and “wellbeing” as assets fundamental to economic reimagining, productivity, and prosperity. This paper describes how the conceptualization of Mental Wealth provides an important framing for measuring and shaping social and economic renewal to underpin healthy, productive, resilient, and thriving communities. We propose a transdisciplinary application of systems modeling to forecast a nation's Mental Wealth and understand the extent to which policy-mediated changes in economic, social, and health sectors could enhance collective mental health and wellbeing, social cohesion, and national prosperity. Specifically, simulation will allow comparison of the projected impacts of a range of cross-sector strategies (education sector, mental health system, labor market, and macroeconomic reforms) on GDP and national Mental Wealth, and provide decision support capability for future investments and actions to foster Mental Wealth. Finally, this paper introduces the Mental Wealth Initiative that is harnessing complex systems science to examine the interrelationships between social, commercial, and structural determinants of mental health and wellbeing, and working to empirically challenge the notion that fostering universal social prosperity is at odds with economic and commercial interests.

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Civil economy: definition and strategies for sustainable well-living

Cited by 23 publications

References 59 publications

Who Is Afraid of Population Aging? Myths, Challenges and an Open Question from the Civil Economy Perspective

Who Is Afraid of Population Aging? Myths, Challenges and an Open Question from the Civil Economy Perspective

Civil Economy and Organisation

Measuring, Modeling, and Forecasting the Mental Wealth of Nations

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