{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":300,"width":600,"title":"Announcing a New Paradigm for Economics and Beyond with Dennis Snower and David Sloan Wilson","description":"Is it time to fundamentally rethink economics - its theoretical foundations, activities and processes; its purpose and goals? How should we reimagine and redesign our economic models to better reflect and serve human needs and wants, and the flourishing of all life on our one planet? \u200d\u200d It is often said that the world faces challenges that are complex and systemic. But in fact, the world is a complex, interconnected \u201csystem of systems\u201d. These complexities and interconnectivities amplify the global challenges facing us, whether economic, social or environmental. They also mean that a deep understanding of the behaviour of these systems is critical to solving these problems for the long-term. \u200d Leading evolutionary theorist David Sloan Wilson and influential economist Dennis Snower have long advocated for an improved understanding of economics as a complex system. \u200d Across a recent series of major articles, they argue for a paradigm shift away from the orthodox, neoclassical model of economics, which focuses on individual challenges to be tackled through decisions by individual decision-makers and views \u2018externalities\u2019 as a phenomenon to be \u2018corrected\u2019 through government intervention, in favour of a new multilevel paradigm, based on insights from evolutionary science. This is a model that takes proper account of the complexity of our social natures and relations, and the centrality of collective challenges in our lives \u2013 challenges that can only be effectively tackled through a carefully orchestrated, context-specific combination of social, political and institutional mechanisms. \u200d Though such a paradigm shift has long proved elusive, Snower and Sloan Wilson argue that is an achievable goal, and one that\u2019s more necessary now than ever before, at a time of economic and ecological crisis, when new narratives and new modes of cooperation will be critical to building successful multilateral alliances for innovation and change. ","author_name":"This View of Life","author_url":"http:\/\/thisviewoflife.libsyn.com","html":"