Oikonomics, the UOC’s magazine of economics, business and society, organized a presentation event on 19 June 2024, of which we attach a video, of a very special edition such as that of its tenth anniversary. For this reason, the publication devotes a monograph to the analysis of well-being from a holistic view. A vision that, on the one hand, addresses the analysis of the current challenges posed by the welfare society, understood as a system by which the public administration guarantees citizens a set of basic social services, mainly in health, education, pensions, unemployment, housing... to improve their living conditions and promote equal opportunities for personal fulfillment. And, on the other hand, it also incorporates elements of reflection regarding personal well-being with approximations to the study of human strengths and happiness.
This monograph from Oikonomics, therefore, shows well-being as a broad concept to examine how personal sovereignty, collective well-being, welfare state, public education, health, pension system sustainability and tax awareness interact to shape citizenship quality of life. This act organized in the College of Economists addresses this analysis from three areas: personal sovereignty, the role played by the public sector in the construction of the welfare society and the sustainability of finances that allow it to be financed. Issues that raise deep questions and future challenges to identify and correct possible adjustments that need to be made to have a fair and efficient welfare state.
Moderated by the coordinator of the monograph, the professor of the Economic and Business Studies of the UOC, Fernando Alvarez, these issues are addressed by three authors of the articles that make up this special edition of Oikonomics: the professor of Economics of the Universitat de Barcelona, Alejandro Esteller; the collaborating professor of the Economic and Business Studies of the UOC, Gemma Segura and the collaborating profesor of the UOC, Laura López. To commemorate Oikonomics’ birthday, the UOC’s director, Àngels Fitó; the vice-rector, Mª Jesús Martínez, the head of the Economic and Business Studies, Xavier Baraza, and the head of Oikonomics, Joan Miquel Gomis, also participated in this presentation.
The hegemony of the neoclassical model as a conceptual and analytical framework to explain the operating logics of capitalism has made the ethics that this model carries implicit – the criteria, behaviours of the actors, etc., which are considered better or more appropriate due to the supposed good functioning of the system – have also occurred hegemonically. One of these “ethical” criteria or behaviors is the so-called stockholder theory, whereby a company’s sole responsibility is to increase profits for shareholders. In this article, we question the compatibility between this theory’s validity – as the empirical analysis indicates – with the social demand for companies to act with other ethics, and also how it is more plausible to move towards this change of values.
The acceleration of climate change we are seeing is triggering one of the deepest and most threatening global crises to ensure a fair and livable planet for the more than 8 billion inhabitants and for the biosphere. The climate crisis is so significant and severe that climate emergency is already being discussed. We are in a global context in which the trespassing of planetary boundaries, particularly those related to climate emergency, has clear effects on our daily lives, especially in an uneven and unfair manner. Organizations, across their diversity, cannot circumvent the necessary debate on how they must adapt to the new climate emergency context and how they can contribute effectively to mitigation and adaptation, without falling into greenwashing. New metrics, beyond current green certifications, that can capture and incentivize the decarbonization and ecological transition of organizations will need to be found. Obviously, this requires a profound change in the continuous economic growth logic that transcends the individual wills of organizations and requires profound social, cultural and political-economic change in the priorities we have as a society.
Over the last decade, the business world has experienced abrupt changes due to the irruption of the platform economy. E-commerce giants and application-based business models have become key spaces in the economy, facilitating consumption in terms of convenience, immediacy, and availability. However, these new ways of organizing services, while easing the consumer experience, have controversial effects on the organization of work. This article provides a critical reflection on the newly emerging jobs in the platform economy sector. It will highlight the importance of the imaginary of consumption as a key enabler of these changes in employment.
In the last twenty-five years – from 1996 to 2021 – a series of actions have marked the evolution of the economy: from transformations linked to new information and communication technologies to the Covid-19 pandemic, among other things, through to the financial and economic crisis of the second half of the first decade of the 21st century. In this article, we look at the impact of events in the last twenty-five years on economics teaching, whether this is evolving alongside the economic reality or not, what has given rise to a mismatch between economics and the social and economic reality. To analyze this, in the first section, we will tackle the social mission of the “economist” in the sense of being teachers of highly diverse collectives, and in the second section, we will reflect on the evolution of economics teaching at University. The analysis leads us to conclude that, although economics teaching has varied over time, it has not undergone substantial change in recent decades. The lack of diversity of thinking in economics curricula joins forces with a lack of diversity among prominent thinkers and professionals to often translate into an incomplete view explaining the complex economic reality and an interaction with other disciplines, particularly social sciences.
The article analyses, from a historical perspective, the geopolitics of energy in the framework of the capitalist system. The first section explains the birth of the geopolitics of energy (a geography of energy by state and the kind of energy relations between states), arguing that its birth is associated with fossil fuels and its goal is the safeguarding of supremacy through both territorial control of energy sources (or flows) and their commodification. After a brief review of the geopolitics of oil, the article ventures on what, in the present context of capitalism, the geopolitics of renewables might be. The main conclusion is that, because of the inherent features of renewables, at the end of the day the outcome will be the result of a political choice. The question is whether this choice will also be aimed at both grounding hegemony on international energy relations and funding the global unbalances of the system.
For a sustainable post-Covid-19 recovery strategy, humanity faces two major challenges: 1. Just prosperity: The creation of a resilient and fair economy that delivers prosperity for all; 2. Public and planetary health: protect human health, together with the reduction of environmental impacts below thresholds of planetary boundaries including greenhouse gas emissions. The Covid-19 crisis could represent an opportunity for responses that integrate different goals, or a drawback if some are prioritized without considering their impacts on the others. New kinds of informed solutions are needed to ensure long-term sustainability in social, economic, and environmental terms. This article addresses the research question: How could developed countries manage a sustainable recovery that provides a good life for all within public and planetary health? First, it argues that economic growth is not compatible with environmental sustainability. Green Keynesianism is based on the hypothesis that economic growth can be decoupled from environmental impacts, but this has not happened and it is unlikely to happen. Second, it introduces degrowth as an alternative to green growth. Degrowth challenges the hegemony of economic growth and calls for a democratically led redistributive downscaling of production and consumption in industrialised countries as a means to achieve environmental sustainability, social justice, and well-being. Third, it traces the recent evolution of the term degrowth from an activist slogan to an academic concept. Last, it calls for an alliance of alternatives that could foster a deeply radical socio-ecological transformation.
Oikonomics, the UOC journal on economics, business and society, has published two special issues, 14th and 15th, dedicated to the collaborative economy. The two issues analyze from different points of view the analysis of a concept that is receiving increasing attention as a new economic agent that, through digital platforms, has shown its capacity for transformation. In the two issues of Oikonomics, this phenomenon is analyzed from a theoretical perspective, but also a practical one based on the empirical analysis of the trends that are taking place in this field. In this webinar video, the two coordinators of these two issues, the lecturers of the Economics and Business Studies Department, Joan Torrent and Lluís Garay, talk about the evolution of the collaborative economy concept and the different visions and realities related around it, as well as its capacity to transform society. The moderator of the webinar is the Dean of the Economics and Business Department of the UOC, M.ª Jesús Martínez.
Oikonomics, the UOC journal on economics, business and society, has published two special issues, 14th and 15th, dedicated to the collaborative economy. The two issues analyze from different points of view the analysis of a concept that is receiving increasing attention as a new economic agent that, through digital platforms, has shown its capacity for transformation. In the two issues of Oikonomics, this phenomenon is analyzed from a theoretical perspective, but also a practical one based on the empirical analysis of the trends that are taking place in this field. In this webinar video, the two coordinators of these two issues, the lecturers of the Economics and Business Studies Department, Joan Torrent and Lluís Garay, talk about the evolution of the collaborative economy concept and the different visions and realities related around it, as well as its capacity to transform society. The moderator of the webinar is the Dean of the Economics and Business Department of the UOC, M.ª Jesús Martínez.
This paper examines some key changes to Airbnb's travel philosophy, protocols and standards since the outbreak of the COVID-19 pandemic. It reflects on how the climate of uncertainty imposed by the global health crisis has induced Airbnb to promote among its users a new ethos of flexibility, adaptability, liability and long-term commitment. In particular, we discuss how new protocols and regulatory measures have engendered a culture of uniformity and transparency regarding issues of health and safety, but also concerning social interactions, personal communication, labour, and the conduct of everyday life of Airbnb's hosts and guests. The article also highlights that the changes implemented by the platform have not gone unchallenged and how some of the protests against the new measures and protocols were manifested via the Airbnb Community Center. We conclude with a few considerations about possible future directions of the Airbnb hospitality machinery and their potential consequences on the post-pandemic landscapes of travel and tourism.