Finance:Purple economy

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Short description: Cultural segment of the sustainable economy

The purple economy is that part of the economy which contributes to sustainable development by promoting the cultural potential of goods and services.[1][2][3][4][5][6]

“The purple economy refers to taking account of cultural aspects in economics. It designates an economy that adapts to the human diversity in globalization and that relies on the cultural dimension to give value to goods and services.”[7]

Territorial economics

The International Appeal of 7 June 2020,[8][9][10] signed by architects, chefs, Nobel laureates in Economics and leaders of international organizations,[11] defines the purple economy as a form of territorial economics, in which “territories that successfully preserve and promote the different aspects of their original identities will enjoy a real competitive advantage. This cultural revitalization of [the] local environment does not however signify a disinterest in more distant societies. [The] appetite for other cultures and [the] need to understand them better cannot help but expand in the world of tomorrow.” From this perspective, the purple economy is universal by nature: “All territories, including those less economically and technologically well-endowed, have a cultural message to share. It is a matter of giving each of them the chance to showcase what makes them unique, in a world where homogenization is a sign of devitalization.”[12][13][14][15][16][17]

Surge in culture

The context of the purple economy is that of the growing importance of culture in contemporary society.[18] The factors involved in this include in particular:[19] a global economic and political readjustment in favour of emerging countries, a return to local environments (once again perceived as centres for stability), new forms of claims (following on from the collapse of the great ideologies), growing social demand for quality based on cultural consumption patterns (which go hand in hand with the logic of popularization, individualization and longer life expectancies), innovative approaches (that presuppose a cultural state of mind and interdisciplinarity conducive to serendipity), and so on.

Scope

The purple economy is multidisciplinary, in that it enriches all goods and services by capitalizing on the cultural dimension inherent to every sector. The sensory, experiential economy is one application of this.[19]

It differs from the cultural economy, which is sector-based.

In June 2013, the conclusions of a first inter-institutional working group on the purple economy, formed of experts from UNESCO, the OECD, the International Organisation of the Francophonie, French ministries, various companies and civil society. That document underscored the impact of the phenomenon of culturalization, which now affects the entire economy, with follow-on effects on employment and training. The report differentiates between purple jobs and purplifying professions: the former are directly linked to the cultural environment by their very purpose (like town planners and developers), while the latter are merely caused to transform under the effect of culturalization (such as positions in human resources or in marketing and communications).[20]

Another reference document published in June 2017[19] mentioned various aspects of the human environment in which economics are likely to produce cultural benefits: architecture, art, colours, enjoyment, ethics, heritage, imagination, learning, social skills, singularity, etc.

Origin

The term first appeared in 2011, in France, in a manifest[21] published on Le Monde.fr. The signatories[22] included the board members of the association Diversum,[23] which organized the first International Purple Economy Forum under the patronage of UNESCO, the European Parliament and the European Commission.[24][25][26][27]

Connection to sustainable development

The purple economy emphasizes the presence of externalities: the cultural environment from which agents draw and on which, in return, they leave their own footprints is a common good. As a result, the purple economy sees culture as an axis for sustainable development.[28][29][30][31]

In fact, culture has been a whole sub-section of sustainability since the beginning. Corporate social responsibility can even be said to have originated in the International Covenant on Economic, Social and Cultural Rights adopted by the United Nations in 1966.

This issue is just one of the different components of sustainable development, alongside concerns relating to the natural environment (green economy) and to the social environment (social economy). The complementary nature of these aspects of the sustainable economy was reaffirmed in a call[32][33] published by Le Monde Économie in 2015, leading up to the 21st United Nations Conference on Climate Change.

See also

Notes and references

  1. ↑ "Africa's future is not just green, or blue, it's technicolour" (in en). Business Day. 1 October 2020. https://www.businesslive.co.za/bd/opinion/2020-10-01-africas-future-is-not-just-green-or-blue-its-technicolour/. 
  2. ↑ "La economía plateada, un impulso a la riqueza del planeta" (in es). El Universo. 17 July 2021. https://www.eluniverso.com/noticias/economia/la-economia-plateada-un-impulso-a-la-riqueza-del-planeta-nota/. 
  3. ↑ "الاقتصاد البنفسجي" (in ar). Harvard Business Review. 2021. https://hbrarabic.com/%D8%A7%D9%84%D9%85%D9%81%D8%A7%D9%87%D9%8A%D9%85-%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%81%D8%B3%D8%AC%D9%8A/. 
  4. ↑ ""الاقتصاد البنفسجي"" (in ar). Al Eqtisadiah. 6 March 2020. https://www.aleqt.com/2020/03/06/article_1774821.html. 
  5. ↑ "الاقتصاد البنفسجي وحرفة الأدب" (in ar). Al-Ittihad. 23 January 2021. https://www.alittihad.ae/news/%D8%AB%D9%82%D8%A7%D9%81%D8%A9/4158929/%D8%AF--%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%84%D9%87-%D8%A7%D9%84%D8%BA%D8%B0%D8%A7%D9%85%D9%8A-%D9%8A%D9%83%D8%AA%D8%A8--%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%81%D8%B3%D8%AC%D9%8A-%D9%88%D8%AD%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D8%A3%D8%AF%D8%A8. 
  6. ↑ "Which Of The Seven Colors Of The Economy Will We Need Post-Pandemic?" (in en). Al Bawaba. 16 March 2021. https://www.albawaba.com/business/which-seven-colors-economy-will-we-need-post-pandemic. 
  7. ↑ "L'actualité vue par Jérôme Gouadain, promoteur du concept d'« économie mauve »" (in fr). Le Journal des Arts. 3 October 2011. http://www.lejournaldesarts.fr/jda/archives/docs_article/89661/lactualite-vue-par-jerome-gouadain-promoteur-du-concept-d---economie-mauve---.php. Retrieved 5 October 2020. 
  8. ↑ "Per un rinascimento culturale dell'economia" (in it). Corriere della Sera. 7 June 2020. https://www.corriere.it/cultura/20_giugno_07/per-rinascimento-culturale-dell-economia-dcacbef2-a803-11ea-b900-84da2a1f22a9.shtml. Retrieved 21 June 2020. 
  9. ↑ "Por un renacimiento cultural de la economía" (in es). El País. 7 June 2020. https://elpais.com/cultura/2020-06-07/por-un-renacimiento-cultural-de-la-economia-el-manifiesto-de-una-veintena-de-intelectuales-para-una-nueva-epoca.html. Retrieved 21 June 2020. 
  10. ↑ "En dépit de son importance croissante, le culturel n'a pas suffisamment été pensé comme un écosystème" (in fr). Le Monde. 7 June 2020. https://www.lemonde.fr/idees/article/2020/06/07/en-depit-de-son-importance-croissante-le-culturel-n-a-pas-suffisamment-ete-pense-comme-un-ecosysteme_6042057_3232.html. Retrieved 21 June 2020. 
  11. ↑ Ferran Adrià, Massimiliano Alajmo, Elena Arzak, Rafael Aranda, Shigeru Ban, Massimo Bottura, Mariya Gabriel, Jérôme Gouadain, Ángel Gurría, Iris van Herpen, Kengo Kuma, Pascal Lamy, Eric Maskin, Jean Nouvel, Edmund Phelps, Renzo Piano, Anne-Sophie Pic, Carme Pigem, Christopher Pissarides, Zurab Pololikashvili, David Sassoli, Vera Songwe, Jean-Noël Tronc, Ramón Vilalta.
  12. ↑ "Un manifiesto por un mundo cultural, más responsable y humano" (in es). Architectural Digest. 8 June 2020. https://www.revistaad.es/decoracion/articulos/manifiesto-mundo-cultural-responsable-humano/26244. 
  13. ↑ "努维尔、皮亚诺、坂茂等联名签署《为了经济的文化复兴》宣言" (in zh). Archiposition. 10 June 2020. https://www.archiposition.com/items/20200610011602. 
  14. ↑ "Arquitetos e líderes do mundo todo assinam manifesto em favor da cultura" (in pt). Casacor. 17 June 2020. https://casacor.abril.com.br/noticias/arquitetos-e-lideres-do-mundo-todo-assinam-manifesto-em-favor-da-cultura/. 
  15. ↑ "shigeru ban, kengo kuma, jean nouvel + renzo piano sign manifesto for a cultural revival" (in en). Designboom. 8 June 2020. https://www.designboom.com/design/shigeru-ban-kengo-kuma-jean-nouvel-renzo-piano-sign-manifesto-for-cultural-revival-06-08-2020/. 
  16. ↑ "24 közgazdász és építész üzeni: eljött az idő a világ ujragondolasara" (in hu). Octogon. 15 June 2020. https://www.octogon.hu/epiteszet/24-kozgazdasz-es-epitesz-uzeni-eljott-az-ido-a-vilag-ujragondolasara/. 
  17. ↑ "For a cultural revival of the economy" (in en). European Grouping of Societies of Authors and Composers. 8 June 2020. https://authorsocieties.eu/for-a-cultural-revival-of-the-economy/. 
  18. ↑ "Le maire de Gatineau défend une économie mauve" (in fr). Canadian Broadcasting Corporation. 3 March 2018. https://ici.radio-canada.ca/nouvelle/1086962/maire-gatineau-defend-economie-mauve-culture-hull-maxime-pedneaud-jobin. 
  19. ↑ 19.0 19.1 19.2 Diversum, Gilles Andrier, Loïc Armand, Francesco Bandarin, Jérôme Bédier, Françoise Benhamou, Fouad Benseddik, Gilles Boëtsch, Dominique Bourg, Jérôme Gouadain, Maria Gravari-Barbas, Marc-Antoine Jamet, François Jullien, Pascal Lamy, Jacques Lévy, Gilles Lipovetsky, Françoise Montenay, Jean Musitelli, Patrick O’Quin, Philippe d’Ornano, Dominique Perrault, Marie-Hélène Plainfossé, Nicole Rouvet, “The Cultural Footprint of the Cosmetic Sector” (accessed 22 February 2018).
  20. ↑ Conclusions of the first inter-institutional working group on the purple economy
  21. ↑ "L'économie mauve, une nouvelle alliance entre culture et économie" (in fr). Le Monde. 19 May 2011. https://www.lemonde.fr/idees/article/2011/05/19/l-economie-mauve-une-nouvelle-alliance-entre-culture-et-economie_1524674_3232.html. Retrieved 5 October 2020. 
  22. ↑ Jean-Jacques Aillagon, Bruno Bourg-Broc, Bernard Cerquiglini, Gilles Ciment, Joëlle Garriaud-Maylam, José Luís Dicenta Ballester, Renaud Donnedieu de Vabres, Mercedes Erra, Pierre-Antoine Gailly, Jérôme Gouadain, Claudie Haigneré, Jean-Hervé Lorenzi, Jean Musitelli, Alain-Dominique Perrin, Odile Quintin, Bernard Ramanantsoa, Jean-François Rial, Pierre Simon.
  23. ↑ Bernard Cerquiglini, Joëlle Garriaud-Maylam, Jérôme Gouadain, Jean-Hervé Lorenzi, Jean Musitelli, Odile Quintin, Pierre Simon. Source
  24. ↑ "Website of the International Purple Economy Forum". http://www.purple-economy.org/. 
  25. ↑ "First International Purple Economy Forum held" (in en). UNESCO. 21 October 2011. https://whc.unesco.org/en/news/801. 
  26. ↑ "Sauver l'économie par la culture" (in fr). Les Affaires. 12 November 2011. https://www.lesaffaires.com/archives/generale/sauver-l-economie-par-la-culture/537469. 
  27. ↑ "On ne peut pas dissocier économie et culture" (in fr). L'Echo. 27 January 2012. https://www.lecho.be/culture/scenes/on-ne-peut-pas-dissocier-economie-et-culture/9153402.html. 
  28. ↑ "Economía de colores, pauta para desarrollo" (in es). El Nuevo Siglo. 28 May 2017. https://www.elnuevosiglo.com.co/articulos/05-2017-economia-de-colores-marca-pauta-para-desarrollo. 
  29. ↑ "L'économie mauve, la culture comme ancrage communautaire" (in fr). Le Devoir. 30 May 2015. https://www.ledevoir.com/culture/441134/l-economie-mauve-la-culture-comme-ancrage-communautaire. 
  30. ↑ "L'économiste Kako Nubukpo appelle à revoir le modèle de croissance en Afrique" (in fr). Radio France Internationale. 25 September 2019. https://www.rfi.fr/fr/emission/20190925-kako-nubukpo-recherche-interet-general-est-benefique-tout-le-monde. 
  31. ↑ "Tunisie: L'économie mauve - Un concept écologique à développer" (in fr). La Presse de Tunisie. 25 August 2016. https://fr.allafrica.com/stories/201608251049.html. 
  32. ↑ "La réponse au réchauffement est aussi culturelle" (in fr). Le Monde Économie. 29 June 2015. https://www.lemonde.fr/idees/article/2015/06/30/la-reponse-au-rechauffement-est-aussi-culturelle_4664807_3232.html. Retrieved 5 October 2020. 
  33. ↑ By: Pierre Bellon, Véronique Cayla, Bertrand Collomb, Pascal Colombani, Mercedes Erra, Emmanuel Faber, Pierre Fonlupt, Jean-Baptiste de Foucauld, Pierre-Antoine Gailly, Jérôme Gouadain, Philippe d'Iribarne, Pascal Lamy, Gilles Lipovetsky, Jean-Pierre Masseret, Gérard Mestrallet, Radu Mihăileanu, Jean Musitelli, Grégoire Postel-Vinay, Jean-Jack Queyranne, Odile Quintin, Bernard Ramanantsoa, Jean-François Rial, Franck Riboud, Michel de Rosen, Pierre Simon.




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