When presidential candidate Bernie Sanders talks about our economy he says "the bottom line should be about how we are doing as human beings"
It's almost 20 years since P-CED's founder pitched the concept of people-centered economics to former president Bill Clinton. The core argument for a postocapitalist economic model concluded
"Economics, and indeed human civilization, can only be measured and calibrated in terms of human beings. Everything in economics has to be adjusted for people, first, and abandoning the illusory numerical analyses that inevitably put numbers ahead of people, capitalism ahead of democracy, and degradation ahead of compassion."
"Each of us who have a choice can choose what we want to do to help or not. It is free-will, our choice, as human beings."
With Clinton's help, he'd been able to deploy a proof of concept project in Russia which became known as the Tomsk Regional Initiative and in 2008 with Joe Biden and Barack Obama on the Senate Committee on Foreign Relations he'd caled for their support for this alternative to capiltalism in efforts to tackle a growing crisis in Ukraine
Hallman had shared his concepts free to use and in 2013, looking back on his life efforts which ended in 2011, I wrote of 'The New Bottom Line' for the McKinsey Mixmarket initiative sharing what he had shared with two Democrat presidents and the people of Ukraine,
'This is a long-term permanently sustainable program, the basis for "people-centered" economic development. Core focus is always on people and their needs, with neediest people having first priority – as contrasted with the eternal chase for financial profit and numbers where people, social benefit, and human well-being are often and routinely overlooked or ignored altogether. This is in keeping with the fundamental objectives of Marshall Plan: policy aimed at hunger, poverty, desperation and chaos. This is a bottom-up approach, starting with Ukraine's poorest and most desperate citizens, rather than a "top-down" approach that might not ever benefit them. They cannot wait, particularly children. Impedance by anyone or any group of people constitutes precisely what the original Marshall Plan was dedicated to opposing. Those who suffer most, and those in greatest need, must be helped first -- not secondarily, along the way or by the way. '
In 2009, it wasn't from business or politics that people-centered economics would be heard, but the Vatican and the UN
The UN General Assembly
“The anti-values of greed, individualism and exclusion should be replaced by solidarity, common good and inclusion. The objective of our economic and social activity should not be the limitless, endless, mindless accumulation of wealth in a profit-centred economy but rather a people-centred economy that guarantees human needs, human rights, and human security, as well as conserves life on earth. These should be universal values that underpin our ethical and moral responsibility.”
Miguel D’Escoto Brockmann, the President of the United Nations General Assembly speaking in 2009
‘This is not merely a matter of a “third sector”, but of a broad new composite reality embracing the private and public spheres, one which does not exclude profit, but instead considers it a means for achieving human and social ends. Whether such companies distribute dividends or not, whether their juridical structure corresponds to one or other of the established forms, becomes secondary in relation to their willingness to view profit as a means of achieving the goal of a more humane market and society’
“Striving to meet the deepest moral needs of the person also has important and beneficial repercussions at the level of economics. The economy needs ethics in order to function correctly — not any ethics whatsoever, but an ethics which is people-centred.'
- Pope Benedict XVI Caritas in Veritate 2009
It is Pope Francis who gets the attentiion of Bernie Sanders, quoting his words:
“Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the economic system. Meanwhile, the excluded are still waiting.”
The founder of people-centered economics lost his life while focussed on children excluded from the benefit of a loving family home, many years after he'd told Bill Clinton:
"We are at the very beginning of a new type of society and civilization, the Information Age. Historically, this is only the third distinct age of civilization. We lived in an agricultural age for thousands of years, which gave way to the Industrial Revolution and Industrial Age during the last three hundred years. The Industrial Age is now giving way to the Information Revolution, which is giving rise to the Information Age. Understanding this, it is appropriate to be concerned with the impact this transition is having and will continue to have on the lives of all of us. In that it is a fundamental predicate of "people-centered" economic development that no person is disposable, it follows that close attention be paid to those in the waning Industrial Age who are not equipped and prepared to take active and productive roles in an Information Age. Many, in fact, are scared, angry, and deeply resentful that they are being left out, ignored, effectively disenfranchised, discarded, thrown away as human flotsam in the name of human and social progress. We have only to ask ourselves individually whether or not this is the sort of progress we want, where we accept consciously and intentionally that human progress allows for disposing of other human beings."