The New Economy Movement Comes of Age

Originally published at:

By Michael Towsey  May 2022 The publication of Growing a New Economy by Roar Bjonnes and Caroline Hargreaves[1] was a milestone in the history of Proutist literature because it was the first comprehensive introduction to Prout economics that firmly situated the Proutist agenda within the emerging New Economy Movement. The term New Economy Movement (NEM) is a rather loose description of a growing literature that rejects not just neo-liberalism but also its neoclassical foundations. Neoclassical economics is the orthodox economics taught in virtually all universities since the 1950s and informs most social and economic policy around the world. The NEM, by contrast, reconstructs the very…

Hi Crystel, thanks for publishing the article The New Economy Movement Comes of Age. I noticed that the font in the last part of the text is in smaller size and also in italic. So could you please change that? It would be great!

Hello Roar,

Thank you for pointing that out. I also noticed that, however it is in that manner because that part of the article is the references to the resources used for the article and usually references need to be in a different font and type. Also I copied it exactly as it is it was in the original article.

If you would still like me to edit it, do let me know and I will do that.



Hi Crystel, It is not only the references, which would be fine but also the last 4-5 paragraphs of the article. Also, the paragraphs need some space between each, like in the first part of the article.

Oh yes I see what you mean.

It’s been changed. All good now.

Socialism is never mentioned which I find puzzling. Certainly Marxism has contributed to our understanding of economics. I have not read the books you mention although have articles on this site.

Yes, it is true, that socialism has been a major contributor to equality, labor unions, and welfare in general.