In Economics in the world, what unexpected or original situations might arise?

Earth today is like a huge house of countless families, where our problems happen together with those of many others, or even with all humans. Therefore, in Economics we can also find many subjects that concern all human beings and areas for the appearance of original and unexpected situations. There are also many interesting cases in the relations of Economics with Creativity, Arts and Politics.

In insperatus.org we want to contribute so that we can all be creative in a different common world. Following are 3 cases and situations in the economy for which we’ll try to shape and where examples of their implementation will emerge:

1. Where can the economies full of creative individuals in the world evolve? Given that the exceptional ability of human beings is not to produce products as nature does, but to be creative, to think and give birth, not only things but also meanings; the current prevailing economic system may have led the human being to a less active condition in the world. With the changes for spaces full of creatives in the world, what original and unexpected situations might emerge in the economies in the near future?

2. It’s necessary to find different and original ways to Value, Reward and Finance innumerable human activities in the relations of Economics with Creativity in the World, Arts and Politics. We look for original and unexpected ways that may arise to value and fund these human activities, whose realization is unique, without measure or common denominator and without normal market transactions, which have been a common way of remunerating and financing economic activities. What new economic and financial activities may emerge in these human activities in the world.

3. A case to try to solve problems of inequality of circumstances is the “universal basic income” (UBI), which is already happening in some places, and of which much has been said in recent times. This idea of a universal basic income is far from being part of the worn-out left-right dichotomy in politics, and much less is an idea related to utopias generated by Marxist ideas. The idea was created in the 1960s in the US by economist Milton Friedman, from the ultraliberal Chicago school, and was also championed by Joseph Beuys, one of the creators of the first Green Party, the German in the 1970s. This “universal basic income” replaces all the current State contributions, which had a principle of insurance and protection for those who need, by a single contribution of the State to all citizens. And, if necessary, those who have more income will be able to help those who need it, in principle in a much more constructive and creative way than many current cases of the State and other private welfare institutions that are not credible in many cases and countries.

What do you think about these 3 cases and situations in the economy? Bring your informed ideas and opinions and let us know other cases that can help us all to be more creative in a different and better common world.

Filipe Novais, Porto, Europe.

Image – From Bill Viola video, Five Angels for the Millennium; 2001, Video, 5 projections, colour and sound (stereo); Tate, London.

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