Global Financial Crisis in the Context of New Economics and Conscious

The crisis centered in the United States, and it began with the bursting of the housing bubble. The crisis was fueled by predatory lending practices. Through the lens of new economics and conscious governance, we can explore alternative models, such as the [[gift-economy|gift economy]] and [[cooperative-ownership|cooperative ownership]], that prioritize human well-being and environmental sustainability. The crisis highlighted the importance of regulatory reform and the need for more effective oversight of the financial sector. The [[dodd-frank-act|Dodd-Frank Act]] was passed in the United States, and the crisis led to a renewed interest in alternative economic models.