What is the Common Good Product (CGP)?
The Common Good Product (CGP) is an economic instrument that measures the achievement of core values of a society and progress made towards economic goals derived from these values. The societal goals are defined democratically through a citizens’ assembly or economic convention. A core principle of the ECG movement is participation. Thus, people can submit their proposals for the most relevant areas to be measured to gauge the quality of life, wellbeing for all, and the common good in a participatory process. Of all these proposals, for instance, the top 20 are included in the final CGP. Examples could be zero poverty, biodiversity, trust and security, health and good education, or climate neutrality.
The CGP is an easy-to-understand participatory instrument that works on a municipal, regional and national level. The CGP can be perfectly combined with other projects and other activities of the Economy for the Common Good, such as the Common Good Balance Sheet or Common Good Region (see 10 prototypes).