Doughnut Economics by Kate Raworth

Doughnut Economics by Kate Raworth asks the question: Is our economic behavior at the service of growth and profit or does it serve man and planet? Economist and researcher at the ‘Environmental Change Institute’ in Oxford, Kate illustrates a regenerative approach to economics. Instead of rising lines and rising graphs, a different ideal image emerged: our economy should function according to the doughnut model.

How that works exactly, Raworth described in the book ‘Doughnut Economics’, which has achieved a true cult status among connoisseurs. Raworth’s plea for the ‘doughnut economics’ casts doubt on the credo of economic growth for sustainability.  There are hard limits to what you can do to the planet. From the start of your business you have to think and act circularly. Anyone who undertakes in this way, for example, remains under the ecological ceiling of a maximum of 1.5 degrees Celsius warming of the earth. At the same time, they can set the minimum wage for employees at a fairer social level.

Using video fragments, various round attributes and a special table, Kate Raworth shows how our economics can fundamentally be structured differently. With growth, but within the set limits. Or is reality more square?

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Learn more about Kate’s work at Kate Raworth.com.

Find out more about Doughnut Economics at the Doughnut Economics Action Lab. The Doughnut offers a vision of what it means for humanity to thrive in the 21st century. Doughnut Economics explores the mindset and ways of thinking needed to get us there. First published in 2012 in an Oxfam report by Kate Raworth, the concept rapidly gained traction internationally, from the UN General Assembly to the Occupy movement. Kate’s 2017 book, Doughnut Economics: Seven Ways to Think Like a 21st Century Economist, further explores the economic thinking needed to bring humanity into the Doughnut, drawing together insights from diverse economic perspectives in a way that everyone can understand.

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