Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

In her groundbreaking book, Doughnut Economics, Kate Raworth challenges the conventional wisdom of economics and offers a new framework for thinking about prosperity that is both sustainable and just.

Raworth argues that the current economic system is based on a flawed model that assumes that economic growth is the only way to improve human well-being. This model has led to a number of serious problems, including environmental degradation, inequality, and financial instability.

Raworth proposes a new economic model that is based on the concept of the "doughnut." The doughnut is a visual representation of the safe and just space for humanity. The inner ring of the doughnut represents the social foundation that is necessary for human well-being, such as food, water, shelter, and healthcare. The outer ring of the doughnut represents the ecological ceiling that we must not exceed in order to avoid environmental collapse.

Raworth argues that we need to redesign our economy so that it operates within the doughnut. This means that we need to focus on creating economic activity that meets human needs without destroying the environment. We also need to redistribute wealth and power so that everyone has a fair chance to thrive.

Doughnut Economics is a powerful and inspiring book that offers a new vision for a more sustainable and just economy. It is a must-read for anyone who is interested in creating a better future for our planet.

Why You Should Read Doughnut Economics

There are many reasons why you should read Doughnut Economics. Here are a few:

  • It's a groundbreaking book that challenges the conventional wisdom of economics. Raworth's book offers a new way of thinking about prosperity that is both sustainable and just.
  • It's a well-written and engaging book. Raworth's writing is clear, concise, and accessible. She uses a variety of examples and illustrations to help explain her ideas.
  • It's a timely book. The world is facing a number of serious challenges, including environmental degradation, inequality, and financial instability. Doughnut Economics offers a new way of thinking about these challenges and how to solve them.
  • It's a hopeful book. Raworth's book offers a vision for a better future. She shows us that it is possible to create a more sustainable and just economy.

How Doughnut Economics Can Help You

Doughnut Economics can help you in a number of ways. Here are a few examples:

  • It can help you understand the current economic system and its flaws. Raworth's book provides a clear and concise explanation of how the current economic system works. She also identifies the flaws in the system and how they are leading to a number of serious problems.
  • It can help you develop a new way of thinking about prosperity. Raworth's book offers a new framework for thinking about prosperity that is both sustainable and just. She shows us that it is possible to create an economy that meets human needs without destroying the environment.
  • It can help you take action to create a better future. Raworth's book provides a number of practical steps that you can take to help create a more sustainable and just economy. She shows us that we all have a role to play in creating a better future.

Conclusion

Doughnut Economics is a must-read book for anyone who is interested in creating a better future for our planet. It is a groundbreaking book that offers a new way of thinking about prosperity that is both sustainable and just. It is a well-written and engaging book that is sure to inspire you.