Common Welfare Economy



The “Common Welfare Economy” comprises the core elements of an alternative economic order and at the same time is open for cooperation and synergies with other alternatives. 

The author and political activist Christian Felber developed the basis for the Common Welfare Economy in his book Neue Werte für die Wirtschaft. Eine Alternative zu Kommunismus und Kapitalismus (New Values for the Economy. An Alternative to Communism and Capitalism) in 2008. 

In response to this publication, numerous entrepreneurs have come together in order to refine the model together with Christian Felber and have termed it “Common Welfare Economy”.

Christian Felber

Explaining the concept of Common Welfare Economy



The “Common Welfare Economy” provides the basic elements of an alternative economic framework. 

It encompasses three approaches:

1. Market values and social values 

should no longer oppose each other. The same values that contribute to fulfilling interpersonal relationships should be rewarded in the economy. 


2. Conformity with the constitution

The economy should function in accordance with the values and objectives established by the constitutions of western democracies, which is currently not the case. 


3. Economic success 

should no longer be measured with monetary indicators (financial profit, GDP), but by what is really important, i.e. utility values (basic needs, quality of life, communal values).   The first draft of this model, including the Common Welfare Balance Sheet, was developed between 2009 and 2010 by a dozen entrepreneurs from Austria.   


Practical Implementation 

In the fiscal year 2011, 60 companies in three countries created the Common Welfare Balance Sheet.  They were supported and advised by Common Welfare Consultants; auditors reviewed the Common Welfare Balance Sheets. Towards the end of 2011, the number of pioneers has risen to 150; over 500 companies from 13 countries support the overall process of the Common Welfare Economy.  


Overall Process 

An increasing number of different types of actors are being constituted to support the model and the pioneer companies. Editors, scientists, speakers, ambassadors, etc. … numerous people offer their skills and knowledge in order to contribute to the joint development of the Common Welfare Economy.   


Energy Fields and Communities 

In eight countries – Austria, Germany, Italy, Switzerland, Liechtenstein, Spain, Argentina and Honduras – Energy Fields (regional support groups) emerged. They surround supporting companies and communicate the idea in their local area. Additionally, a few communities and small towns already requested to become a Common Welfare Community.   


Open Process

The model of the Common Welfare Economy is based on two core elements: the Common Welfare Balance Sheet and the 20 Cornerstones. By constantly integrating feedback, we  readjusted the model and will continue do so in the years to come. At the end of this process, economic conventions need to take place, first on a communal level, then on a nationwide level. By popular vote, parts of the model shall be anchored in the constitution.   


Participate 

Everyone can contribute to the Common Welfare Economy with their specific skills or interests – either as company, as a consumer, in the circle of Common Welfare Actors or as an Energy Field, in schools and universities or in residential communities. The number of supporters is growing.

Join the process!



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