Lecture

Economic Paradigms: Past, Present, Future

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Description

This lecture delves into the historical development of economic paradigms, critiquing the current management education system and advocating for a shift towards a more sustainable and creative approach. The instructor discusses the concept of 'Horméicolomibus' as a constructed rational being that has influenced economic theories. Drawing on various examples, the lecture explores the need for a radical change in economic thinking, emphasizing the importance of creativity, culture, and art in shaping a new societal model. The discussion extends to the role of social movements, such as the 'Indignados', in challenging the status quo and promoting innovative solutions to complex global issues.

Official source

Related concepts (13)

Social movement

A social movement is a loosely organized effort by a large group of people to achieve a particular goal, typically a social or political one. This may be to carry out a social change, or to resist or undo one. It is a type of group action and may involve individuals, organizations, or both. Social movements have been described as "organizational structures and strategies that may empower oppressed populations to mount effective challenges and resist the more powerful and advantaged elites".

New social movements

The term new social movements (NSMs) is a theory of social movements that attempts to explain the plethora of new movements that have come up in various western societies roughly since the mid-1960s (i.e. in a post-industrial economy) which are claimed to depart significantly from the conventional social movement paradigm. There are two central claims of the NSM theory. First, that the rise of the post-industrial economy is responsible for a new wave of social movement and second, that those movements are significantly different from previous social movements of the industrial economy.

LGBT movements

Lesbian, gay, bisexual, and transgender (LGBT) movements are social movements that advocate for LGBT people in society. Although there is not a primary or an overarching central organization that represents all LGBT people and their interests, numerous LGBT rights organizations are active worldwide. The first organization to promote LGBT rights was the Scientific-Humanitarian Committee, founded in 1897 in Berlin.

Social change

Social change is the alteration of the social order of a society which may include changes in social institutions, social behaviours or social relations. Sustained at a larger scale, it may lead to social transformation or societal transformation. Social change may not refer to the notion of social progress or sociocultural evolution, the philosophical idea that society moves forward by evolutionary means. It may refer to a paradigmatic change in the socio-economic structure, for instance the transition from feudalism to capitalism, or hypothetical future transition to some form of post-capitalism.

Sustainability

Sustainability is a social goal for people to co-exist on Earth over a long time. Specific definitions of this term are disputed and have varied with literature, context, and time. Experts often describe sustainability as having three dimensions (or pillars): environmental, economic, and social, and many publications emphasize the environmental dimension. In everyday use, sustainability often focuses on countering major environmental problems, including climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution.

Related lectures (51)

Social Leverage for Sustainability: Collective Action Dynamics

Explores the role of social leverage in sustainability through collective action and its impact on sociopolitical issues.

Sustainable Strategies: Schwarz Group

Explores sustainable strategies, focusing on the Schwarz Group's approach to sustainability and its impact on financial performance.

Occupy: New Narratives for Autonomous Spaces

Examines the role of autonomous spaces in society and their design implications.

Acquisition: Delivery Models and Contract Management MOOC: Building expertise on developing sustainable and resilient infrastructure

Explores delivery models, acquisition management, works contracts, and sustainability provisions for infrastructure projects.

Climate & Sustainability Action Week