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The Kyoto Manifesto for Global Economics”. “The Platform of Community, Humanity and Spirituality

Stephen Hill (), Stomu Yamash’ta () and Tadashi Yagi ()
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Stephen Hill: University of Wollongong
Stomu Yamash’ta: Doshisha University
Tadashi Yagi: Doshisha University

Chapter Chapter 32 in The Kyoto Manifesto for Global Economics, 2018, pp 527-533 from Springer

Abstract: Abstract This, the final Chapter in the book is the ‘Encore’, a depiction of the Manifesto itself. It moves from basic underlying principles to applications. Basic change strategies employ interacting principles of ‘fractals’—the nesting of the same configuration of values and vision within ever widening levels of aggregation—from CEO to cleaner, to government; the ‘swarming’ of small disturbing influences in transforming complex systems as a whole—with guidance from a principle of the dialectic: the new thesis derives out of antithesis to the past thesis not from elsewhere, so focus for initial interventions should be on the most disturbing antitheses to neo-classical economics and action. To this is added the expansionary power of ‘global localism’—focus on transformation at local level with mechanisms designed to expand impact to other communities and domains; the ‘Creativity Imperative’—building an overall societal fabric which encourages creativity at all levels; inclusion of core values of the Kyoto Manifesto, trust, emotion, altruism and so on, within future economic calculation as is beginning to happen in ‘Behavioral Economics’. Whilst now largely extrinsic equilibria outside the economic mainstream, it is this assertion of our humanity within economic equilibria that offers the potential to take humanity from its present role as extrinsic ‘sunspot’ activity into forming a humanity base for the economics of our sustainable future. The Manifesto concludes with an outline of specific actions which follow.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:crechp:978-981-10-6478-4_32

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DOI: 10.1007/978-981-10-6478-4_32

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