Regenerative Economies: A Guide To A Thriving Alaska

Page 8

WHAT IS A "REGENERATIVE ECONOMY"? The roots of the word “economy” translate to the “management of home.” An economy is a set of agreements and relationships to community survival and well-being. Many overlapping economies determine where powers of change-making are shared or hoarded. The purpose of a given economy could be turning land, life, and labor into property, or returning land, life and labor to a balanced web of interdependent relationships. The great challenge of our time is to build and nurture sustainable communities: social, cultural, and physical environments which satisfy our needs and aspirations without diminishing opportunities for future generations. This is accomplished by diverting resources and power from the dominant extractive economy to invest in diverse and resilient regenerative economies. Instead of depleting resources, regenerative economies enhance communities’ long term ability to generate reciprocal wealth and wellbeing. As we strive to build Alaska’s next economies aligned with Just Transition principles, it is essential that we orient ourselves to a deep understanding of the language we use to describe the future we want to build. The present global and local economies within which we negotiate our livelihoods are complex, layered systems that can often overwhelm our efforts to imagine holistic paths forward.

MOVEMENT GENERATION

7


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Regenerative Economies: A Guide To A Thriving Alaska by Alaska Just Transition - Issuu