Doughnut Economics: 21st Century Economics


 
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Doughnut Economics: 21st Century Economics
Gary Wong, Consultant, Canada, Premium 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 planet. Draw that goal on the page and – odd though it sounds – it comes out looking like a doughnut. The challenge now is to create local to global economies that ensure that no one falls short on life’s essentials ...Sign up
 

 
Great Opportunity for Masters in Economics to Evolve
srinivas, Lecturer, India, Member
Nice opportunity for the masters out there to change the conventional way of thinking. Nice article. I think the experience economy holds bright futur...Sign up
 

 
Early Adopters of Doughnut Economies
Prasad Chundi, Consultant, India, Member
It is a brilliant thought process. We can see that some countries have embraced at least some of these principles quite early and the benefits are ref...Sign up
 

 
Doughnut Economics Has to Happen
Cockburn, Manager, United Kingdom, Member
Well put. I have said for years we shouldn't solely focus on GDP growth (and I'm not even an economist). I especially like the change in image of huma...Sign up
 

 
Downloading Doughnut Graphic
Gary Wong, Consultant, Canada, Premium Member
A copy of the graphic can be viewed by clicking
 

 
Change is Happening
Gary Wong, Consultant, Canada, Premium Member
@Cockburn: Here’s the rub. It took a band of university students to revolt against courses being taught that did li...Sign up
 

 
Donut Economics
Mark Ianni, United States, Member
Socialist redistribution of wealth disguised as 21st century economics. Don't fall for it!...Sign up
 

 
Please Explain your Point of View
Jaap de Jonge, CEO, Netherlands, Editor
@Mark Ianni: Mark, I don't see that this economic doughnut model has any relation with socialism or redistribution ...Sign up
 

 
Donut Economics
Mark Ianni, United States, Member
@Jaap de Jonge: Of course you don't see socialism or redistribution of Wealth in this model. You're from the Nethe...Sign up
 

 
Donut Economics
Shawna-Lee Lawrence, Entrepreneur, Jamaica, Member
@Mark Ianni: There is an innate and purposeful drive to always evolve. If capitalist economics worked so perfectly...Sign up
 

 
 



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