Development and achievements


Co-operation is not just an ideal for softies, unwilling to rise to the challenge of competition. No. Cooperation is the tool of the level-headed [...] Thomas Piketty, economist and author "Capital in the Twenty-First Century"

2010 - From theory to practice

Using Christian Felber's book "New Values for the Economy" as their guide, a group of entrepreneurs from ATTAC Austria come together in 2008, and over the following two years, they refine the ideas outlined in the final chapter of, "An alternative to Capitalism and Communism", and develop the Common Good Matrix. As a result, the first edition of the "Economy for the Common Good" is published in August 2010, and on 6th October, 2010, the Project Group take it to the public. In 2011, two dozen companies spontaneously agree to do the Common Good Balance Sheet on a voluntary basis. In the book, approximately 70 companies publicly declare their support for the Economy for the Common Good.


2011 - Founding of the ECG Association

The first regional groups, known as local chapters, are established. Approximately 45 companies declare a Common Good Balance Sheet this year. The foundation of the Common Good Movement is established: Individuals, businesses and other organisations participate in the implementation of the vision. The movement is supported by the Association for the Promotion of the Economy for the Common Good, which is set up in July.

2012 - Local chapters in Spain and Italy

As a result of a video that goes viral, interested people in both Spain and Italy become involved in the movement. By the end of the year, there are approximately 80 local chapters across Europe. These highly committed volunteers begin to organise themselves into a network of specialised groups, known as hubs. By the end of the year, there are more than 100 certified Common Good businesses and organisations.

2013 - Common Good Balance Sheet as standard

The first Common Good Region is established in South Tyrol, Italy, within the municipalities of Mals, Schlanders, Laas and Latsch. Overall, the number of certified Common Good businesses and organisations increases to 300, including banks and universities. The number of international supporters grows to 7,000. The Common Good Balance Sheet increasingly becomes the standard for an ethical reporting framework in small and medium-sized enterprises (SME) sector. A lecture course on the Common Good Economy receives the teaching award of the year at the University of Graz, Austria.

2014 - A growing movement

The first Common Good community in Spain is established. The state parliament of South Tyrol resolves that ECG organisations will be given priority in public contracts. The state parliament of Salzburg, Austria, announces the development of a support programme for organisations. Local chapters are set up in North, Central and South America. We now have more than 8,000 supporters on all continents. Christian Felber receives the prestigious "Premio Nueva Civilización" award in Chile.

2015 - Reaching out to policy-makers

In the House of Commons in the UK, the Economy for the Common Good is presented for the first time. The Government in Baden-Württemberg, Germany, officially endorses the ECG, and promises to do a Common Good Balance Sheet for state-owned enterprises. In September 2015, theEuropean Economic and Social Committee  (EESC) votes with an 86% majority to incorporate the Economy for the Common Good into the legal framework of the EU and its Member States. Christian Felber receives the environmental award "Premio Verde" for the ECG in Spain.

2016 - The ECG continues to thrive

The movement's 5th anniversary is celebrated with a glittering festival at the Volkstheater in Vienna. The Fourth International Congress of delegates takes place in Barcelona: representatives from the town hall, the provincial government, the rector's office, and orchestra honour us at the University's Aula Magna. The first two ECG municipalities in Austria are set up with the help of a Common Good Balance Sheet for local government: Nenzing and Mäder in Vorarlberg. Stuttgart (Germany) applies the Common Good Balance sheet to four of its local services. The German Bundestag invites the ECG to a hearing of experts. Christian Felber travels to the United States and, for the second time, to Chile.