Designing an economy of well-being

The prevailing growth-based economic model is destined to fail on a planet with finite resources. However, there has been an increasing desire to replace materialistic values centred on maximizing production and income with post-materialistic values of personal freedom and well-being and the need to strive for human well-being within planetary boundaries . The concept of a "well-being" economy lies at the core of these ideas, aiming to improve the overall well-being of individuals and communities and encompassing social, economic, environmental, physical and cultural aspects.