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Possible Paths to Follow in Francesco’s Economy: Based on the Analysis of Sabina Alkire and Angus Ritchie and the Experiences Walked So Far

In: Rethinking Economics Starting from the Commons

Author

Listed:
  • Dian Maya Safitri

    (London School of Economics and Political Science (LSE))

  • Kathleen Zegarra Delgado

    (University Benedicto XVI)

  • Cristian Jesús Varela

    (University of Buenos Aires)

Abstract

The aim of this chapter is to respond to Sabina Alkire and Angus Ritchie’s chapter entitled “Winning Ideas: Lessons from Free Market Economics for the Economics of Francesco”, which invites politicians and economists to rethink and redo policies based on the need for grassroots communities and spiritual principles. Further, Alkire and Ritchie argue that the Economy of Francesco (EOF) could replicate the strategy of free market economists, namely pitching appealing stories to policy makers, nurturing future talents, and waiting until the right time to propose their policy ideas. In this article, we translate Alkire and Ritchie’s concepts into more concrete examples happening recently worldwide inside the EOF process, to explain how we can involve poor people as protagonists in development planning and implementation. For example, this can be done by engaging poor people’s voices when researching the multidimensional poverty index, developing the Children Flourishing Index, applying cross-disciplinary paradigms in academic studies, and establishing the Economy of Francesco Latin America School and Energy Communities in Brazil.

Suggested Citation

  • Dian Maya Safitri & Kathleen Zegarra Delgado & Cristian Jesús Varela, 2023. "Possible Paths to Follow in Francesco’s Economy: Based on the Analysis of Sabina Alkire and Angus Ritchie and the Experiences Walked So Far," Contributions to Economics, in: Valentina Rotondi & Paolo Santori (ed.), Rethinking Economics Starting from the Commons, pages 147-158, Springer.
    • Handle: RePEc:spr:conchp:978-3-031-23324-1_12
    DOI: 10.1007/978-3-031-23324-1_12
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