Towards a sustainable democratic hybrid economy

• Manuel Ahedo ^[1]
  1. [1] University of Copenhagen

     University of Copenhagen

     Dinamarca

     
• Localización: Managing the future: challenges and proposals for post-pandemic society: 13-16 December, 2021 Universitat Rovira i Virgili / Teresa Torres Coronas (ed. lit.), Josep Moreno i Gené (ed. lit.), Angel Belzunegui Eraso (ed. lit.), 2021, págs. 220-242
• Idioma: inglés
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• Resumen

  • After neoliberal capitalism’s recurrent crises and growing inequality in recent decades, and the challenge of climate change, there is an urgent need to envision new ways to socially and comprehensively organize the economy. Based on accumulated empirical knowledge and normative debates and propositions to alternatives to capitalism(s), the article presents a model of democratic hybrid socio-economy. It has four main features. First, its hybrid character integrates the three main domains (for-profit, non-profit and commonal, and public) in a complementary way within renewed democratic laws and norms. Second, it aims to equalize the distribution of capital and finance among employees and citizens, through a regime of publicly regulated finance funds. Third, it creates new forms for participation by employees and citizens in decision-making to agree about what and how to produce and to redistribute benefits. Fourth, it strongly prioritizes solutions to climate change problems, especially by general and transversal forms of representation of nature’s needs in economic collective decisions. This new economy is to be constructed within a glocal multi-level transformative process based on public-civil cooperation,some countries and macro-regions might be more proactive by using their democratic and favourable conditions.