'We need a new paradigm': Can the world ditch 'directionless' growth for a fairer, net zero economy?

A 'giant leap' in economic thinking is needed to stave off climate and societal catastrophe, according to a group of leading experts. Left unchecked, rising inequality and poverty will lead to worsening social and geopolitical tensions, creating vastly more dysfunctional societies and volatile economies that make it far more difficult to tackle existential threats such as the climate and biodiversity crises. And yet, efforts to engineer a turnaround in current social, economic, and environmental trends so as to deliver a net zero emissions economy by 2050, could still stabilise temperatu...