In all areas of society, the Economy for the Common Good contributes to a culture of good living in a peaceful and sustainable civilization. Living together in the common good society is characterized by human coexistence, a high degree of trust and appreciation, strong social cohesion, manageable structures and fundamental rights. Together with sovereign democracy, the common good society offers citizens the right framework to:
The economy serves the common good and no longer simply the accumulation of money and capital. Inequalities in income, wealth and power are kept to a minimum. Consumption of natural resources remains within the regenerative capacity of natural ecosystems and planetary boundaries. Current and future generations enjoy equal opportunities.
Creative business activity leads to innovative solutions for the common good. It develops in different types organizations within reasonable sizes. The companies cooperate intelligently and contribute to resilient structures. Common good balance sheets illustrate to what degree they contribute to the general welfare and environmental sustainability. Taxes, tariffs, loans, public procurement and business development are aimed at strengthening the common good. As a result, socially responsible, sustainable companies have an advantage on the market.
Living in dignity is possible for all people in a common good economy. Work is meaningful and takes place in a multitude of arenas such as private businesses, publicly-owned enterprises, cooperatives, the commons, at home and in volunteer services. There is sufficient time and space for family, children, friends and the elderly as well as for leisure, culture and personal development. Positive and meaningful relationships and a sense of community are paramount.
Agriculture creates diverse cultural landscapes and preserves the natural basis of life. It promotes soil fertility and biodiversity. Animals are respected and not reduced to the function of supplying food for humans. Fish for consumption come from local sources. Rivers are suitable for bathing and have the quality of drinking water. Oceans are clean. Rural towns are revitalized and cities are greener and provide a high quality of life.
Countries will enjoy a balanced trade balance within an ethical world trade framework. There is a global court for human rights, merger control, financial supervision and tax authorities. The transfer of capital is linked to tax cooperation. The international monopoly on the use of physical force lies within a reformed and democratized United Nations. The time of war has come to an end.
Freedom takes on a deeper meaning. Not only can people shape their own lives, but also collectively design the economic, financial and commercial order. Personal, inner development receives the same attention as the outer environment. People are freed from the unhealthy compulsion to constantly consume, accumulate capital and grow economically. Our relationship with the earth is healthy as is the earth itself. The joy of life appears everywhere - a great dance ensues!
Approved version by the VI Delegates Assembly of the ECG movement, May 19, 2018