Shifting priorities in post-COVID recovery—Towards an economy of wellbeing for people and planet
Panel discussion with CUSP Director Tim Jackson, Maria Joao Rodrigues (Foundation for European Progressive Studies), Apollonia Miola (OECD) and Meera Ghani (ECOLISE); hosted by Peter Schmidt (EESC)
4 June 2020
In January 2020, the European Economic and Social Committe (EESC)—with support by CUSP director Prof Tim Jackson as Expert to the Rapporteur—called for the EU to propose a new vision of prosperity for people and planet based on the principles of environmental sustainability, the right to a decent life and the protection of social values.
Hosted by the EESC Sustainable Development Observatory, the webinar on 4th June 2020, was a further step to bring the concept of the wellbeing economy to the post-COVID recovery debate in the EU: The health crisis exposed the fragility of governments’ policies narrowly geared by the pursuit of GDP growth—the full social and economic impacts of the pandemic are yet to be assessed. It’s high time to collectively reflect on shifting policy priorities in the EU and and to review of the EU’s fiscal and monetary rules. “Recovery is not enough.”, Tim Jackson says, “The crisis calls on us to reject the legacy of an outmoded and dysfunctional capitalism and forge a new vision: an economy that works for people and planet.”
The video can be accessed above, or directly via Youtube. For details about the EESC work on the wellbeing economy, please see the EU website.