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Human Beings at the Centre as “Shareholders” of Development

In: Making the Global Economy Work for Everyone

Author

Listed:
  • Marco Magnani

    (LUISS Guido Carli)

Abstract

The revolution underway is not only about sustainability and technological innovations. It is also political, because it has consequences for the economy, society and ethics. And because it involves decisions that affect present and future generations. The first and most important choice is whether to prioritize growth at all costs or put human beings at the centre. Prioritizing growth without worrying about sustainability and the impact of automation on employment may be based on the assumption that the system will find (as in the past) a new point of equilibrium on its own. However, this approach may not be compatible with existing sustainability constraints. On the other hand, favouring the centrality of humans does not mean rejecting progress. On the contrary, this choice requires people to interact with technology without surrendering to machines, to pursue growth but in a sustainable way, to increase produced wealth but distribute it fairly, to improve productivity but also enhance the quality of life and work. Putting human beings at the centre makes the value system a compass to follow in order to find the right path and make some unavoidable choices. Hence, compass in hand, we are formulating some proposals for dealing with a world revolutionized by innovation in a way that is socially balanced and sustainable.

Suggested Citation

  • Marco Magnani, 2022. "Human Beings at the Centre as “Shareholders” of Development," Springer Books, in: Making the Global Economy Work for Everyone, chapter 0, pages 151-177, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-92084-5_7
    DOI: 10.1007/978-3-030-92084-5_7
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