This open access book with contributions by leading global experts from diverse specialization defines a new development paradigm built on Lifestyle for Environment (LiFE). The volume outlines the contours of LiFE across five facets namely ethics and value system; sustainable consumption and production; modalities of systemic transformation; financing for resilient infrastructure, cities and societies; and wellbeing measurement going beyond GDP.

This open access book raises some central questions: Do we need moonshot policies to spur innovation and economic growth? What are the risks associated with such policies? Economic turbulence, the COVID-19 pandemic, and mounting environmental concerns have paved the way for a renaissance of targeted industrial policy. In particular, the idea that society should be organized around large missions is gaining momentum among high-income economies.

The book addresses how power and power resources remain important analytically and empirically for analysing contemporary capitalism. It provides a theoretical framework for studying, understanding, and explaining changes in the world of work and how that leads to changes in contemporary capitalist societies. Changes in the world of work are closely related to increasing inequality, growing social unrest, and societal polarisation. Hence the book seeks to deepen our understanding of how developments in the sphere of work have implication far beyond the direct impact on workers.