Redefining Prosperity – How can we create a caring economy?

Tim Jackson, professor of sustainable development and author of “The Care Economy”, joins Radio evolve to discuss a radical shift in our economic perspective — moving from growth to care as the foundation of prosperity. We explore what this shift means and entails, including seeing through the “Religion of Consumerism” and finding new ways to make room for the sacred as existential questions of ultimate concern.

Tim argues that we need to redefine prosperity not in terms of wealth, but in terms of health. This perspective isn't just about personal well-being; it's about the health of our communities and environment. He emphasizes that our economy should focus on maintaining balance and nurturing health rather than chasing endless accumulation.

In his view, care is integral to this new economic understanding. Care not only supports physical health but also psychological and social well-being. Tim highlights that care should not be treated as a side activity or an afterthought in economics; rather, it should be the core principle guiding economic activities.

Despite its importance, care is often undervalued and poorly compensated in our current economic system. Tim explains that the focus on productivity and efficiency often overlooks the time and attention required for genuine care.

One of the most intriguing points Tim makes is the distinction between the accumulation of wealth and the search for balance. Our current economic goals often lead us away from what truly matters in life — maintaining health and harmony in our lives and communities. As we navigate the complexities of our modern world, Tim's insights invite us to reconsider what we prioritize in our economic systems.