How will we remember these times? Will 2020 be remembered as the scariest year of our lives or a time when everything changed for the better?
Here at Territory, we hope we are at a turning point, an ambitious shift to a new form of capitalism and a new way of relating to our economy. A way that allows us to reverse the destruction we have wrought on our planet and people. So how do we make this happen?
As the economy slowly churns back to life, we need to collectively decide what kind of economy we want to go back to. One that has only worked for a few or one that can work for all of us? This isn’t a decision only for policy makers. It is for every one of us.
This conversation often feels tired, haven't we been here before? Haven't we tried? And without real progress? We all shop on Amazon, we halfway recycle, we consume more than we need, and nothing changes. But this time truly feels different. Let us not lose this opportunity. Things don't change until they DO, and the time for change is now.
So what does a country or society look like when sustainable practices are implemented at scale? In this wonderful podcast with Ezra Klein, Mariana Mazucatto lays out many important viewpoints on economics and society, including what a caring economy might look like. It is an ambitious and holistic vision of an economic system that prioritizes people and the environment, not just profit. But aside from big, ambitious policy change, there is a tremendous amount we all can do in our everyday lives.
We own four times the amount of consumer goods that our parents did. There is a fantasy that obtaining all these things will bring us happiness—yet, as well all know, that happiness is momentary at best. But what we can do is buy better, buy less, and purchase goods that are connected to a slower, more sustainable way of being, instead of making buying decisions solely based on convenience. Being a part of this new community of consumption values and respects all the people and our planet in the supply chain.
So in 2020, we find ourselves at a crossroads—a time where either path is open to us. We welcome all of you to join us in a values-based movement to reconsider what our economy is for and then help start to build it.
Photography by Ana Paula Fuentes