In our time of unprecedented economic, social, technological, and environmental change, awareness of the need for new economic thinking is growing. Yet most government and business policies are still made looking through a rearview mirror.

This article outlines a new post-capitalist and post-socialist economic system. It describes building blocks for a new economics of partnerism that recognizes that our real wealth consists of the contributions of people and of nature. It demonstrates that to move toward a more sustainable and just system we must implement economic measurements, policies, and practices that recognize the enormous value of the essential work of caring for people, starting in early childhood, and caring for our natural life-support systems.

Most current proposals for a new economics are still framed in terms of the debate between capitalism and socialism—even though both came out of early industrial times (the 1700s...

You do not currently have access to this content.