Doughnut Economics: 21st Century Economics

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Ethics and Responsibility > Best Practices > Doughnut Economics: 21st Century Economics

Doughnut Economics: 21st Century Economics
Gary Wong, Consultant, Canada, Member
Kate Raworth’s book "Doughnut Economics" is a wake-up call to transform our capitalist worldview obsessed with growth into a more balanced, sustainable perspective that allows both humans and our planet to thrive. She lists 7 ways to start thinking like 21st century economists: 1. CHANGE THE GOAL: from GDP growth to the Doughnut. For over half a century, economists have fixated on GDP as the first measure of economic progress, but GDP is a false goal waiting to be ousted. The 21st century calls for a far more ambitious and global economic goal: meeting the needs of all within the means of the . Draw that goal on the page and – odd though it sounds – it comes out looking like a . The challenge now is to create local to global economies that ensure that no one falls short on life’s essentials – from food and housing to healthcare and political voice – while safeguarding Earth’s life-giving systems, from a stable climate and fertile soils to healthy oceans and a protective ozone laye (...) Read more? Sign up for free

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