This is an excerpt from a book I am working on, The Good Economy ™.If you would like to be notified when full chapters are available for review, please subscribe to my mailing list.
From Chapter One…
Aristotle’s ideas about what we pursue and what goods we are willing to exchange is considered to be the birth of ethical theory. Aristotle makes the point that the topic isn’t merely theoretical; it is a pragmatic inquiry into the art of living well. The Chief Good, the good that we will not exchange for another good, is “eudaimonia”. Experiencing eudaimonia is the ultimate pursuit of the human experience, in Aristotle’s opinion.
Eudaimonia is often translated to mean happiness, but a more accurate translation is the flourishing of the human spirit. Good Economics is rooted in this profound ideal. The ultimate purpose of the human experience is to flourish spiritually, deeply, and thoroughly. The Good Economy therefore is the totality of entities and systems that work in concert to promote human flourishing.
The Good Economy is a subset of the global economy. It prioritizes human wellbeing and quality of life over fame, power, and fortune. It is the linked people, organizations, and social systems that act with the primary purpose of servicing healthy experiences of being human. Like Aristotle, I want to make the point that this is not a theoretical discussion. The Good Economy is real and needs our attention. It is the single most effective instrument in humanity’s quest to experience the rapture of fully being alive. It is the mechanism that will save us from self-destruction and drastically decrease human suffering. The more we understand Good Economics and The Good Economy, the better our lives will be.