Doughnut Economics
A new paradigm
For resource Friday, here’s Kate Raworth.
You can watch her original TED Talk, or a more recent one here (2018) or here (2021).
You can read this quick blurb.
What is the Doughnut?
Think of it as a compass for human prosperity in the 21st century, with the aim of meeting the needs of all people within the means of the living planet.
The Doughnut consists of two concentric rings: a social foundation, to ensure that no one is left falling short on life’s essentials, and an ecological ceiling, to ensure that humanity does not collectively overshoot the planetary boundaries that protect Earth's life-supporting systems. Between these two sets of boundaries lies a doughnut-shaped space that is both ecologically safe and socially just: a space in which humanity can thrive.
The Doughnut is the core concept at the heart of Doughnut Economics.
Source: About Doughnut Economics | DEAL
You can go check out the DEAL website, the Doughnut Economics Action Lab at DEAL (doughnuteconomics.org) offering community, news, events, tools and stories, and more from folks dedicated to putting this new paradigm into practice.
The Book
Then you can go to the definitive source, the book, which I highly recommend.
Wikipedia has a nice chapter by chapter summary, with a short blurb for each chapter.
Contents:
Who wants to be an Economist?
Change the Goal
See the Big Picture
Nurture Human Nature
Get Savvy with Systems
Design to Distribute
Create to Regenerate
Be Agnostic about Growth
We are all Economists Now
Doughnut Economics is a new economic paradigm well worth becoming familiar with. I learned a ton from reading this book a few years ago. I should re-read it, in fact. I’m overdue for a refresher.
Let me know if you’d be interested in a little reading group:
Bonus. There’s an article at the DEAL website on doughnut economics in tourism. Tourism is an industry I spent a couple years trying to figure out recently, and while I have not written about that yet, it’s on my list. Stay tuned.
Applying doughnut economics to tourism in NL | DEAL
Man, this has been on my list forever. Lol this was a good recap tho