Can economic relations be reshaped? Explore social innovation initiatives based on relational values, collective ownership and people-centered approaches to prosperity.
Current market economies profoundly extend their influence beyond the economy itself, and have resulted in a marketization of many domains of society. Critics argue that this system promotes inequality, social dis-embeddedness and ecological degradation, and fails to meet social and psychological needs. Don’t we have the state to deal with the negative implications of the market? Professor René Kemp questions whether state interventions are sufficient to rely on. Drawing from research on socioeconomic transformation, he emphasizes the importance of transforming the sociocultural backbone of systems, by changing social relationships and adopting new ideas. Explore social innovation initiatives based on relational values, collective ownership and people-centered approaches to prosperity. What does this bottom-up movement exactly entail, and to what extent could it reshape the system?
About René Kemp
René Kemp is Professor of Innovation and Sustainable Development at ICIS, Maastricht University, and Professorial fellow at the UNU Maastricht Economic and Social Research Institute on Innovation and Technology (UNU-MERIT). He is a multidisciplinary innovation researcher with a background in economics, and an interest in policy, history, society, theory and research methodology. His expertise encompasses eco-innovation, environmental policy, sociotechnical regime shifts, innovation policy and transition management. Research themes he has worked on include innovation policy, social innovation, resource efficiency, the circular economy, socio-economic transformations and reflexive governance.
About lecture series ‘Rethinking Market Economies’
Many contemporary societies feature market economies. Their mechanisms and institutions may appear self-evident, just like gravity. Market economies are riddled with assumptions about how they create the conditions for societal prosperity and individual wellbeing. But how sound are these assumptions? And what might system rethinking entail? Join Studium Generale for some thought-provoking perspectives on the nature of market economies.