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"Corporate inventiveness may have brought wealth and prosperity to many, but the damage wrought by the cumulative extraction of our current economic system is both painfully visible and intensely urgent." Subscribe ✅ and tap the notification bell 🔔 to be delivered Australian stories every day: http://ab.co/ABCAus-subscribe We are in the midst of a climate emergency, so it’s about time we wrote a new social contract that will bring our economy into line with what the planet can afford. To create a regenerative economy where humanity can thrive, we are going to need something called legal imagination – the ability to weave rules, entitlements and principles into responsive and creative structures. Think of a world where rivers had human rights, corporations were regulated by their stakeholders, ecocide was a crime and money looked entirely different. Where can legal imagination take us? Bronwen Morgan Bronwen Morgan joined the UNSW Faculty of Law and Justice School as a Professor of Law in October 2012, after seven years as Professor of Socio-legal Studies at the University of Bristol, and six years at the University of Oxford. Her research explores creative ways of reimagining the economy to respond to contemporary challenges, including innovative ways of sharing the ownership and governance of digital platforms, and distributed participatory approaches to providing important infrastructure such as energy, food and water. She is also co-founder of the New Economy Network of Australia. A UNSW Centre for Ideas project, with illustrations designed by Juune Lee and footage filmed at the EPICentre – a UNSW research centre located at the Art & Design campus. ___________________________________________ Web: http://abc.net.au/ Facebook: / abc Twitter: / abcaustralia Instagram: / abcaustralia ___________________________________________ This is an official Australian Broadcasting Corporation YouTube channel. Contributions may be removed if they violate ABC's Online Conditions of Use http://www.abc.net.au/conditions.htm (Section 3).