Empathy, democracy and the economy

These examples capture the economy of empathy in action.
 Time-Banking will not eliminate all economic inequalities, nor can empathy construct a new economy by itself: that must be given shape through concrete institutions.  But by building these institutions from a different base of values and relationships, empathy, sharing and co-operation can nurture an economy in which everyone can define themselves as valuable contributors, whatever their work and however much money they possess.

An economy based on empathy is one that values all forms of citizen engagement and all people equally, and there is no better basis for democracy than that.

 

 Edgar Cahn