Economy for the Common Good featured in DER SPIEGEL

Hamburg, 02/07/2017

G20 summit in Hamburg prompts search for alternative economic models

The Economy for the Common Good (ECG) and its founder, Christian Felber, have been featured in the title story of DER SPIEGEL, Germany's largest news weekly.

In a recent issue to mark the occasion of the G20 summit in Hamburg, the article by SPIEGEL reporter Alexander Jung argues a radical rethinking is needed to solve the problems of our times. He went on to present possible alternatives beyond global capitalism, including the Economy for the Common Good, which is explained in detail.

The article states, among other things, that ECG is “not geared to accumulating money, but based on the premise that everyone is entitled to live a good life”.

“A broad spectrum of companies and organisations subscribe to the thinking behind the Economy for the Common Good. From faith networks through to Greenpeace activists. Approximately 200 companies have already submitted a Common Good Balance Sheet ... including VAUDE, producer of outdoor clothing and equipment, and even a financial institution, Sparda-Bank in Munich.”

You can read the full story here.

Global Solidarity Summit

As part of the peaceful protests around the G20 summit, a two-day international Global Solidarity Summit took place in Hamburg on 5 and 6 July. Participants from more than 65 NGOs met to promote a policy of global solidarity and to discuss strategies and possible alliances for their implementation. The summit was supported by the local Hamburg ECG chapter.

Guests from all over the world attended eleven events, including renowned economist, Jayati Gosh, globalisation critic and recipient of the Alternative Nobel Prize, Vandana Shiva, from India and leading Kurdish politician, Salih Muslim.