What is Oiconomy?
Oiconomy is a sustainable economy, an economy which provides a man worthy existence to all current and future generations of people and other species.
The current economy insufficiently considers nature, climate, future generations and poverty of the weak. Damage done to these is insufficiently paid for. Products have hidden costs. Oiconomy is based on the free market, but on real prices.
If products would have their real price, the consumer only needs to buy the cheapest product in order to stimulate sustainability and market competition will primarily be based on prevention of ecological and social damage. In the current economy a great part of ecological and social costs remain hidden.
First requirement to internalize all externalities to the economy, is to measure the hidden prices, which is the first goal of the Oiconomy Foundation.
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