Doughnut Economics
In my previous post I raised the issue of “living lightly on the earth” — inviting us to think about our levels of consumption and what lifestyles are sustainable on a planet with 7.8 billion other humans. We will each need to make our own decisions about what a sensible and workable lifestyle is for us. As a society, we also need to think about a more sustainable and equitable economic system — what should be its goals and how can we bring it into being?
As I wrote last time, I’m intrigued by what I’ve learned so far about “Doughnut Economics.” First, there are no glazed or cream-filled pastries here — just an intriguing doughnut-shaped diagram that summarizes some important ideas. I believe we can all think about the most important issues facing our society. The “doughnut” approach provides us with an accessible entry point to some interesting and relevant perspectives on economic systems.
Kate Raworth, the creator of this way of thinking about things, says that “a healthy economy should be designed to thrive, not grow. …
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