ARGUING FOR THE RELOCALIZATION OF GOVERNANCE & ECONOMIES
Most mainstream economists, policy makers, and ordinary citizens assume that the next few decades will resemble the past fifty years on steroids – rapid economic growth facilitated by globalization and technological progress. But this is already a world in overshoot – climate change, ecosystem collapses, resource shortages, and geopolitical strife will increasingly inhibit growth, disrupt global supply chains, and put trade-dependent regions and countries at risk.
One possible ‘solution’ is the pre-emptive re-localization of decision-making authority and essential economic activities. A well-conceived global system of relatively independent self-reliant regions could enhance economic security, social equity, and ecological stability for everyone.
Session Category : Plenary Sessions