Topic
Economy
Commentary
France’s new economic thinking is small, fragmented, and largely issue-oriented, with a focus on social justice and environmental issues. The field is supported by academic networks, cooperatives, and NGOs, but systemic transformation is limited by a lack of cross-sectoral funding and institutional support. Despite influential thinkers like Thomas Piketty, heterodox economics remains weak in academia and policymaking, hindering broader economic change. However, there is growing interest among students and the public in alternative economic models that address ecological crises.
Finland is developing a wellbeing economy governance model to complement traditional economic goals, focusing on citizens’ wellbeing. Challenges include overcoming siloed government structures, balancing economic and wellbeing priorities, and clearly defining wellbeing. These insights aim to inform global efforts, promoting cross-sector collaboration and a more people-centric approach to policymaking.
The European Union’s focus on digitalization Digitalization, continuously in progress, transforms the very fundamental structures of our economies and societies. On September 15, 2021, the European Commission published its State of the Union and, along with it, a Path to the Digital Decade. The EU wants “to be digitally…
The world is full of chance, chaos, and things we don’t have a tested solution for. As such, companies try to eliminate uncertainty by either using data to predict trends or employing complex forecasting methods. Yet, neither of these models has any relevance unless we devote some time to thinking…
What would life be like if instead of GDP, we measured how many girls ride their bikes to school every day? If politicians, in the face of elections, promised to slow down biodiversity loss and reduce the number of people sleeping on the streets instead of promising economic growth? If…
Publications
In this Editorial, we tackle perhaps the most urgent issue of our time – the need to orient lives more towards sufficiency. Achieving such a transformation also requires a parallel paradigm shift in science. In this Editorial, we have two guest authors, Teemu Koskimäki and Aleksi Neuvonen, who are members of the SISU Consortium doing research on sufficiency transition in Finland.
Amid the complex and persistent challenges of sustainability transitions, experimental governance has emerged as a way to foster reflexivity, learning, and policy innovation through diverse participatory practices. This paper examines the role of transition arena methodologies in expanding and deepening civic engagement in low-carbon transitions, specifically through seven experimental processes focused on “climate-wise housing” in Finland in 2023. These experiments combined digital and in-person facilitation in an attempt to involve citizens in co-producing actionable insights on climate-smart behaviors, building renovations, and renewable energy adoption, hitherto directing the envisioned transition. The research explores three “avenues” of widening participation in transition arenas, namely expanding, complementing, and opening such arenas to explore questions regarding the potential and limitations of widening transition arena participation and the impact of such breadth on the depth of citizen engagement. Findings highlight trade-offs between different scopes and modes of citizen participation and reveal how participatory processes shape public engagement and policy responsiveness. By suggesting four implications on designing and implementing citizen engagement processes, the study contributes to a nuanced understanding of participation in transition governance and its implications for sustainability transformations.
The report provides insights into how the dominant ways of thinking about growth have taken shape and become entrenched: What has changed over the decades? And what might the future look like? Finnish discourse is also placed in the broader context of international societal and scientific debates, as well as global shifts in the operating environment.
Projects
Even though economic instruments for sustainability purposes have long been implemented in the national policies across the Nordics, their effectiveness remains understudied. This project evaluates the effectiveness of environmental taxes and charges in shifting behaviours of consumers and producers towards a more sustainable direction in the Nordic countries.
Despite being an established indicator of economic growth, GDP is debated to overlook the true essence of citizens’ quality of life and overall wellbeing. This project aims to improve knowledge on indicators beyond GDP, alternative and more sustainable policy options, and scenarios for a sustainable future.
As technological breakthroughs can play a critical role in addressing societal challenges, research & innovation (R&I) policy needs to shift the focus from merely appreciating the inherent value of technology development to exploring how they can be harnessed for achieving key societal goals. This project aims to produce a knowledge base to ensure Finland’s R&I policy is strategically impactful while remaining supportive of emerging technologies.
People
Aline Amorim Bolis
Aline is a city lover, inspired by the cultural energy, diversity, and creativity that flourish when people share space and ideas. She’s driven by the question of how cities can become a stage for social change and wellbeing. Her focus is on how to promote sustainable urban development that will…
Ella Välimäki
Ella is an Expert at Demos Helsinki, working at the intersection of society, technology, and the wellbeing economy. She focuses on how engagement and interaction can serve as tools for societal transformation. With a background in international relations and EU politics, Ella is driven by a desire to support a…
Sahib Singh
Sahib spends his time at Demos Helsinki’s preoccupied by just democratic futures and global governance. At the moment he won’t stop nattering about the need to think systemically and critically about democratic innovations, the political economy of global governance institutions and modes of effective alliance building. At his best, Sahib’s…
Theo Cox
Theo is an expert in heterodox economics and political economy. He is particularly interested in how our economic systems interact with (and accelerate) the climate and nature crisis, and the political-economic risks from environmental breakdown in a post-1.5-degree world. Prior to joining Demos Helsinki, Theo worked as a researcher and…
Anna Björk
Anna is a political scientist whose academic love affairs include research on political concepts, societal impacts of emerging technologies, and temporality. Her current and upcoming research analyses societal transformations from the perspectives of the EU digital policy, contemporary social contracts, and inclusivity. Alongside doing research, Anna is also working closely…
Otso Sillanaukee
Otso aims to ensure that Demos Helsinki is focusing on the right questions related to people and organisations’ agency in building a fair, sustainable, and joyful next era. His accountabilities include identifying impact opportunities, ensuring projects run smoothly towards their goals, and supporting the team’s wellbeing and motivation to tackle…
Julia Jousilahti
Julia is a social scientist working in Demos Helsinki’s Emancipatory Economy team. As the economy is a man-made system and not a force of nature, Julia is convinced we can build a better economic system – one that admits the fundamental interconnectedness with nature and guarantees the basic assets of…
Johannes Nuutinen
Leading societal transformations is no easy task that we have chosen here at Demos Helsinki. It requires constant strategic planning and new initiatives. Luckily, Johannes brings clarity to all the ambiguity surrounding half-drawn visions of impact. This means finding the relevant concrete steps to implement new forms of collaboration or…
Oona Frilander
Oona Frilander (M.Econ.) is a senior consultant at Demos Helsinki. She works to understand long-term societal change and rapid transformation of private, public and third sector organizations’ operational environments. Her expertise lies in strategic foresight and cross-sectoral partnerships for solving societal challenges. Oona is also is a lecturer through the…
Roope Mokka
Roope is all about the future. For many the future seems scary, but where some see problems Roope sees solutions. He has an exceptional mindset to see the pathway for societal transformation. He gathers impactful alliances through various fields to work together with a shared goal. Whether it is learning…
Juha Leppänen
Juha Leppänen serves as Chair of the Board at Demos Helsinki. With a mission to build a fair, sustainable and joyful next era, Juha helps national and local governments, businesses and NGOs to anticipate and lead key transformations of our century. Advising actors from private corporations like Nokia to NGOs…
Themes
Transforming our economies to address this reality is hard work—but it’s work we can do together.

New economic thinking in Greece — “Pregnant” with promise
January 11, 2022
Greece’s history of societal unrest fuels anti-neoliberal sentiments, but new economic thinking remains fragmented. Activism and grassroots movements thrive, yet they lack institutional backing. While heterodox economists like Yanis Varoufakis have influence, deeper collaboration is hindered by ideological divides. Opportunities lie in sustainability efforts, particularly in energy communities, which challenge traditional capitalist structures.