.png)
'Aboriginal Economics', Gaala Watson (Sustainable Table)
This article examines Indigenous perspectives on economics and self-determination in Australia, highlighting historical dispossession, economic exclusion, and alternative frameworks for wealth. It explores Indigenous values of communal wealth, economic sovereignty tied to land and spirit, and sustainable solutions.
View resourceSummary
This powerful article explores Indigenous perspectives on economics, wealth, and self-determination in Australia. The article examines both historical context and contemporary challenges while offering alternative frameworks for understanding economic relationships. Key themes include:
- Historical context:
- Legacy of legislated economic dispossession.
- Systematic exclusion from wealth-building mechanisms and financial rights.
- Ongoing impacts of historical discrimination on current economic conditions.
- Persistence of stereotypes about Indigenous financial capability
- Different Economic Worldviews:
- Indigenous perspectives on money as a tool rather than a measure of wealth.
- Communal rather than individual approaches to resources.
- Wealth measured through relationships to people, land, and spirit.
- Contrast between "dollar dreaming" and Indigenous values
- Pathways Forward:
- Need for Aboriginal-led economic solutions based on Indigenous values.
- Economic sovereignty is inseparable from land, community, and spirit.
- Importance of clean air, water, and healthy Country in economic thinking.
- Building systems that balance people, Country, and sustainability
The article concludes with a powerful poem illustrating an alternative vision of economic life based on "goodwill economy" principles.
Related resources
Doing Business on Country
WebinarsThe Land Back Foundation held an interactive webinar exploring First Nations’ worldviews on social enterprise and encouraging actors across the social enterprise sector to reflect on our own worldviews and what they mean for our relationships with community and Country.
Learn more
.png)
We’d love to hear from you!
Reach out to one of our team members, and share input and ideas about how we can evolve Understorey.
Get in touch