Interview-series and report on the future of the market economy in Europe

Over the past century, the capitalist model of the free market economy has demonstrated to be an effective vehicle to create wealth. However, in today’s globalized world, the downsides of this model are starting to become more and more obvious; ecological decay, increasing inequality worldwide, so-called financialization, short-term thinking etc. The credit crisis of 2008 and, more recently, the corona-crisis, have further exposed these issues. In order to create an innovative, inclusive and sustainable market economy for generations to come, we need new values, new structures and new practices. We need to connect existing innovative ideas with newly formulated ones and put theory into practice. How can the freedom and innovative potential of free markets be squared with the requirements of ecological sustainability and social justice?

Over the course of 2020 Socires and the Sustainable Finance Lab contributed to the Future Markets Consultation: a series of interviews with 24 renowned international economists about the future of the market economy in Europe. Links to the interviews can be found below.

Visit the dedicated website to learn more about the consultation here.

Towards the well-being economy
As part of the Future Markets Consultation, a think-tank of Young Economists was installed. In April 2021 they published their report ‘Towards the Well-Being Economy’. The report can be found here.

Report on the Future of the Market Economy in Europe
Input from this consultation will result in a final report written under the auspices of prof. dr. Jan Peter Balkenende, former Prime Minister of the Netherlands. The report is expected to be published in the winter of 2022.

Interviews: