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A new economic model is the key to a global diversity inclusion and fairness

2015.05.05

AUTHOR: Dr. Patrizia Legovini, graduate in Economics from Cambridge University, MBA and PhD from S.D.A. Università Luigi Bocconi, Head of Group Intergrated Innovation Challenge for one of the world top 50 international corporations.

TITLE: A NEW ECONOMIC MODEL IS THE KEY TO A GLOBAL DIVERSITY INCLUSION AND FAIRNESS

PUBLICATION DATE: Mayo 2015
PUBLICATION PLACE: dA web Center

ABSTRACT

In this paper the author presents an insight on the necessity of developing a new economic model, based on a cultural change, which should shape and determine the opportunity for new utilities – perceived as necessary by communities – and a change in commodities. To support her views the author refers to the Nobel Prize Winner economist, Prof. Alvin Roth, who states that a good economic model isn´t just one where people can buy or sell what they want; it is about increasing welfare (utility) at 360°. She also affirms that this increase in welfare will go hand in hand with a growing sense of “repugnance” towards animal products and a “re-wilding” of our societies. Consumers can define the market and therefore have to be the enablers of the cultural change of these utilities and commodities. Finally the author underlines how humanity and animality of men are not two different spheres and how the distance men have put between themselves and nature has contributed to creating an unsustainable economic model. She states that we must forget about the pyramid where men sit up top and all other living creatures down below, we are one among many and not “the one”.


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