Resources >> Audio Video Archive >> Adventures in New Economics 4: Jonathan Dawson – What lies beyond the Washington Consensus?

Adventures in New Economics 4: Jonathan Dawson – What lies beyond the Washington Consensus?

It is clear that the period of ‘Washington Consensus’ — during which market liberalisation and free trade have been imposed on great swathes of the ‘developing world’ by the IMF, World Bank and World Trade Organisation — is coming to an end. This transition has many faces including economic crisis in the OECD countries; the rise of economies such as China and India that have taken alternative development paths; and the growing autonomy of countries and regions to pioneer new approaches more in tune with their own values and aspirations. In parallel, across the world we are seeing a shifting in capitalism’s tectonic plates, involving a transition from centralised to dispersed organisational forms. Taken together, these various trends hold open the potential for the emergence of more diverse, democratic and resilient economies, communities and societies.

This talk, given on October 16th 2013 at Schumacher College, is the fourth of 12 talks during the autumn of 2013 on Adventures in New Economics – a wide-ranging speaker series covering the key topics in new economic thinking today, presented by Transition Town Totnes, Totnes REconomy Project, and Schumacher College.