Other economies Another economy requires not only an understanding of how a new economy can work, but also a statement of how we want it to work. A statement that shifts economy to the real world of people living in different circumstances, of what they want or do not want, of how they see themselves, and of who they hope to become (Fischer 2012). The word “economy” (from the Greek words οἶκος meaning “house” and νόμος meaning “rule”) means literally “the rules of our household.” The question we need to answer is this: How can we organize the good life together? (Mc Gregor 2011). From an economic perspective, this means organizing what we make, share, distribute, use, re-use, and preserve in a just way. Using this general and basic definition of economy allows us to rethink entrepreneurship based on how we want to organize this good life together. The other economies framework denotes an economic space that works with and in favor of people and the Earth. The framework shows how we can shift toward an economy that no longer sees people and the Earth as a resource but as a partner in creating well-being for everyone in harmony with the Earth. To move toward a regenerative economy, many new principles for entrepreneurship, such as other ways of working, organizing, doing business, earning, cooperating, and creating and sharing value, need to be developed. 6 Figure 1. Other economies, Godelieve Spaas (2016)
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