Doughnut Economics: 21st Century Economics




Ethics and Responsibility

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17
Gary Wong
Consultant, Canada

Doughnut Economics: 21st Century Economics

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 – 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 protect...
 

Rating

 
4
Paramathmuni srinivas Kumar
India
 

Great Opportunity for Masters in Economics to Evolve

Nice opportunity for the masters out there to change the conventional way of thinking. Nice article....

 
4
Prasad Chundi
Consultant, India
 

Early Adopters of Doughnut Economies

It is a brilliant thought process. We can see that some countries have embraced at least some of the...

 
3
Michelle Cockburn
Manager, United Kingdom
 

Doughnut Economics Has to Happen

Well put. I have said for years we shouldn't solely focus on GDP growth (and I'm not even an economi...

 
1
Gary Wong
Consultant, Canada
 

Downloading Doughnut Graphic

A copy of the graphic can be viewed by clicking on this link....

 
3
Gary Wong
Consultant, Canada
 

Change is Happening

@Cockburn: Here’s the rub. It took a band of university students to revolt against courses being tau...

 
-4
Mark Ianni
United States
 

Donut Economics

Socialist redistribution of wealth disguised as 21st century economics. Don't fall for it!...

 
3
Jaap de Jonge
Editor, Netherlands
 

Please Explain your Point of View

@Mark Ianni: Mark, I don't see that this economic doughnut model has any relation with socialism or ...

 
-4
Mark Ianni
United States
 

Donut Economics

@Jaap de Jonge: Of course you don't see socialism or redistribution of Wealth in this model. You're...

 
5
Shawna-Lee Lawrence
Entrepreneur, Jamaica
 

Donut Economics

@Mark Ianni: There is an innate and purposeful drive to always evolve. If capitalist economics work...

   

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