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Keynote by Nadia Johanisova, Eva Fraňková and Tim Crabtree at the Second International Conference on Economic Degrowth for Ecological Sustainability and Social Equity in Barcelona on the topic “Degrowth: are we exporting a Western idea? Does it make sense for the rest of the world?”

Abstract: The aim of this paper is to look at the concept of the economy from a broad perspective and to suggest what a degrowth economy should look like. We first redefine the economy as including non-monetised sectors (the core economy and the economy of nature) and discuss the liminal zone of not-for-profit and not-only-for profit organisations. We look at social enterprise definitions and explain why the dimensions of scale, place, environment and provisioning patterns need more space in the social enterprise discourse. We then define non-market capitals as capitals taken out of the market and placed under democratic control and explain their importance in a degrowth economy. We give examples of non-market capitals and suggest a model involving mutual support between primary and secondary social enterprises, illustrating this with a system of mutual support by social enterprises in South West England. Finally, we suggest areas where more research is needed in this emerging field of inquiry.