Beyond crisis mode: building resilient societies
In the last year, we have witnessed how a global health crisis can develop into an economic crisis of a global scale. The crisis that erupted with the spread of Covid19 has highlighted the inherent flaws of our financial and economic system. The responses to the last economic and financial crisis increased wealth and income inequalities, environmental degradation and financial instability. To avoid past mistakes, we have build a transnational network of scholars and activists to develop transformative responses to the crisis.
New Report on Shrinking Finance
Our report discusses the harmful effects of oversized financial markets for European economies and societies.
New Report on the Financialisation of DAX30 firms
Our report explores the role of shareholders for the priorities within large corporations in the German stock index DAX
About the Project
The project aims to develop transformative responses to the current crisis in an international network of organizations and academics over several years, linking financial markets, ecology and inequality. Research and debates on the three crisis areas are to be bundled and focused in order to connect actors from these fields and prepare joint impulses and work on socio-ecological transformation.
Our Network and Funders
The project is anchored in a European civil society network, with funding from several institutions.
The project team consists of members of Finanzwende Recherche and the Heinrich-Böll-Foundation.
Challenge & Mission
In light of the last decade of economic and ecological distress, we need a progressive policy response.
The project consists of four main modules, which will be covered from 2020 until 2022. After starting off with analyses of three scenarios for progressive policy change, our current work is focussed on the role of central banks, the disconnect of finance and the real economy as well as the role of economic growth for the transformation.
Module: Central Banking
Central banks are the first line of defence in times of crisis. What should be their role in the socio-ecological transformation and what could potential reform look like?
Our systems’ short-term focus on financial returns is an obstacle to the transition and responsible for our vulnerability to crises. We want to find ways on how to reign in the financial sector.
Module: Growth & Transformation
What are the challenges of continuous low growth and interest rates for the social-ecological transformation?
The conference “Transforming Europe: The Green Deal in a new context” took place on May 3 + 4 2022. Watch the videos here.
Over 2 days around 60 experts, including European civil society representatives and researchers from different fields relevant for transition, NGOs, think tanks and institutions came together…