There have been extraordinary strides in human well-being over the past 60 years. The average child born on planet Earth in 1950 could expect to live… - Kate Raworth

First, invest in human ingenuity by teaching social entrepreneurship, problem-solving and collaboration in schools and universities worldwide: such skills will equip the next generation to innovate in open-source networks like no generation before them. Second, ensure that all publicly funded research becomes public knowledge by contractually requiring it to be licensed in the knowledge commons, rather than permitting it to be locked away under patents and copyright for private commercial gain. Third, roll back the excessive reach of corporate intellectual property claims in order to prevent spurious patent and copyright applications from encroaching on the knowledge commons.

Worldwide, one person in nine does not have enough to eat.8 In 2015, six million children under the age of five died, more than half of those deaths due to easy-to-treat conditions such as diarrhoea and malaria.9 Two billion people live on less than $3 a day, and over 70 million young women and men are unable to find work.

Out of all of these power relationships, when it comes to the workings of the economy, one in particular demands attention: the power of the wealthy to reshape the economy’s rules in their favour.