CÓMO TRANSFORMAR NUESTRA ECONOMÍA
Summary
The report critiques neoliberalism for causing environmental destruction and inequality, advocating for a transition to a sustainable economy. It proposes five key pillars: expanding public services through tax justice, scaling up cooperatives and solidarity economies, supporting local markets and fair trade, adopting wellbeing-based economic indicators instead of GDP, and establishing binding international regulations to curb the power of transnational corporations.
Key insights
- The document asserts that neoliberal fundamentalism has failed, leading to unprecedented environmental destruction and extreme inequality, where the richest 1% of the global population holds more wealth than the poorest 99%.
- Public services are essential for economic justice and gender equality, but they are threatened by privatization. The report notes that in South Africa, 25% of 44 million people lost access to water and electricity following privatization.
- Tax havens and tax evasion result in a global loss of up to 600 billion dollars in annual revenue. The report estimates that the public revenue lost to tax havens over 15 years could fund a 100% renewable energy transition for Africa, Latin America, and much of Asia.
- Cooperatives and the social and solidarity economy provide a democratic alternative to corporate models. In Quebec, Canada, the 'solidarity economy' accounts for 10% of all economic activity.
- Local and agroecological production reduces carbon emissions from transport and retains more wealth within communities. A University of California study found that shopping at local markets or through community-supported agriculture keeps twice as much money in the community compared to large supermarkets.
- The report advocates for replacing Gross Domestic Product (GDP) with indicators that measure human and planetary wellbeing, such as the 'four footprints' (land, water, carbon, and materials). It notes that the EU's global 'land footprint' for agricultural products was 269 million hectares in 2010, 43% more than the total agricultural area available within the EU.
- Transnational corporations often operate with impunity despite human rights and environmental violations. The report calls for a legally binding international treaty to regulate these companies, noting that over 50 million hectares of land have been grabbed globally in the last 10 years.
Cite the original document
- APA
- Carrau, N., & Cossar-Gilbert, S. (n.d.). CÓMO TRANSFORMAR NUESTRA ECONOMÍA. Friends of the Earth International. https://www.foei.org/wp-content/uploads/2018/01/foei-transforming-our-economy-ES.pdf
- Chicago
- Carrau, Natalia, and Sam Cossar-Gilbert. CÓMO TRANSFORMAR NUESTRA ECONOMÍA. Friends of the Earth International, n.d. https://www.foei.org/wp-content/uploads/2018/01/foei-transforming-our-economy-ES.pdf.
- Wikipedia
- {{cite report |last1=Carrau |first1=Natalia |last2=Cossar-Gilbert |first2=Sam |title=CÓMO TRANSFORMAR NUESTRA ECONOMÍA |publisher=Friends of the Earth International |url=https://www.foei.org/wp-content/uploads/2018/01/foei-transforming-our-economy-ES.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{carraundcmo, author = {Carrau, Natalia and Cossar-Gilbert, Sam}, title = {{CÓMO TRANSFORMAR NUESTRA ECONOMÍA}}, institution = {Friends of the Earth International}, url = {https://www.foei.org/wp-content/uploads/2018/01/foei-transforming-our-economy-ES.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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