The purpose of an economic system is to organize human activities in ways that support healthy and resilient human communities and ecosystems for both present and future generations. To achieve this purpose, deep, system-wide change to existing economic institutions is urgently needed to reverse conditions typical of contemporary global, regional, national, and local economies. At the core of a New Economy is the need to decouple the achievement of well-being from limitless economic growth. The following Principles are designed to guide the actions of all economic actors and organizations whose decisions and actions affect, or would be affected by, the transition to a New Economy.
A project of the Core Principles Working Group of the New Economy Network