The Doughnut Economy is a holistic view that includes climate change, the circular economies as well as social justice. Doughnut Economics represents a major paradigm shift from current beliefs.
The concept of Doughnut Economics was laid out in the 2017 book b Dr. Kate Raworth, “Donughtnut Economics, Seven Ways to Think Like a 21st Century Economist. Dr. Raworth presents the case for turning away from the concepts of profit and growth and prioritizing the ecological and social foundation required for humans to thrive. The outer circle of the doughnut is bounded by the environment, the inner circle is the floor of the social needs. The area between the two is where humans thrive in a sustainable world.
In addition to providing a new format for thinking about the relationship between environmental and social issues, Dr. Raworth has also created an organizational platform to highlight best practices from around the world. If you want to change the world then getting involved in DEAL, Doungnut Economics Action Lab is the place to start. As of Mar 2021 it is a place where you can find 5,000 new friends with similar concerns who are working to change the world.
The following videos, with the exception of her TED Talk, have been created by Dr. Raworth under a creative commons license and are free to reuse for teachers or non-profit public use.
TED Talk, Design to Thrive not Grow
Business Meets the Doughnut
City Size Doughnut
1 Change the Goal
2 Tell a New Story
3 Nuture Human Nature
4 Get Savvy With Systems
5 Design to Distribute
6 Create to Regenerate
7 Be Agnostic about Growth
Time for Planetary Economics
Raworth, Kate, Doughnut Economics, 2017. Dr. Raworth coined the phrase Doughnut Economics and this book provides the foundation of her concept. She has city level projects underway in Amsterdam, Phillidelphia and Portland, OR.
Snohomish Basin 2060 Scenarios: Adapting to an Uncertain Future
Seattle Times: Feb 7 2021: GOP congressman pitches $34 billion plan to breach Lower Snake River dams in new vison for Northwest.
Time, January 22, 2021: Amsterdam Is Embracing a Radical New Economic Theory to Help Save the Environment. Could it Also Replace Capitalism?