The Economy for the Common Good is a proposal for an economic and social model that aims to reorient the current economic model; instead of being based exclusively on maximising individual profit, it focuses on serving cooperation and the common good. It was set up in 2010 and promoted by the Austrian economist Christian Felber.
The ECG’s approach is based on defending a model of cooperative economy that offers an
alternative to capitalism and the planned economy, encompassing values like human dignity, equality, justice, solidarity, transparency and environmental protection. It is committed to the
importance of democratising companies and reducing their ecological footprint. The ECG always prioritises people over capital, ensuring their rights.
The current situation leads us to be critical of some fundamental aspects of capitalist societies, such as individualism, the desire for profit, and competition. These indicators are exclusively based on financial profit, excessive ecological impact, etc. To this end, the ECG movement offers a series of alternative concepts and proposals that focus on the long term to transform the system.
The entire theoretical concept is defined in a practical and dynamic way by different associations and authors who are working to promote its application. At the Can Cet Foundation, we support this transformation and are committed to supporting the ECG’s activities in our society, trusting that change is possible.