The “doughnut” theory of growth: healthy economies should be designed to thrive, not grow

The doughnut economy

DO IT NOW What’s up? For many decades, economics and development have been sustained by the theory that growth is where it is at. In a world of finite resources, how long can growth be sustained without wrecking the Earth. What would a sustainable, universally beneficial economy look like?
What’s new?  “Like a doughnut,” says Oxford economist Kate Raworth. In a stellar, eye-opening talk, she explains how we can move countries out of the hole — where people are falling short on life’s essentials — and create regenerative, distributive economies that work within the planet’s ecological limits.
So what? Switch to doughnuts … with some coffee, maybe?
SOURCE:  TED

The doughnut


 

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