Solidarity economics: why mutuality and movements matter

LSE: Public lectures and events

Contributor(s): Professor Manuel Pastor, T.O. Molefe | Traditional economics is built on the assumption of self-interested individuals seeking to maximize personal gain, but that is far from the whole story. Sharing, caring, and a desire to uphold the collective good are also powerful motives. In a world on fire – facing threats to multiracial democracy, tensions from rising economic inequality, and even the existential threat of climate change, can we build an alternative economics based on cooperation? In this lecture Manuel Pastor, joined by T.O. Molefe, will discuss his newest book Solidarity Economics: why mutuality and movements matter. He will introduce the concept of solidarity economics, which is rooted in the idea that equity is key to prosperity and social movements are crucial to the reconfiguration of power in our politics and show how we can use solidarity economics to build a fairer economy that can generate prosperity and preserve the planet.