Book club
Doughnut Economics
Kate Raworth has worked as a development worker, professor and speaker in the field of environmental change and sustainable economics. She attends conferences and media events around the globe to share her ideas.
quick & compact
Kate Raworth sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design.
1 Big Idea
Kate Raworth sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design.
2 inspiring quotes
“Don’t wait for economic growth to reduce inequality—because it won’t. Instead, create an economy that is distributive by design.”
“Words are processed by our short-term memory where we can only retain about seven bits of information… Images, on the other hand, go directly into long-term memory where they are indelibly etched.”
3 actionable takeaways
Fundamental Change: Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century.
Action: Look at your own organization, company, mission? How could you fundamentally change, rephrase or rebuild everything around the thought that it can be ‘distributive by design”.
Thrive: Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like.Raworth handpicks the best emergent ideas–from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science–to address this question:
Action: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow?
Images change the world… “Words are processed by our short-term memory where we can only retain about seven bits of information… Images, on the other hand, go directly into long-term memory where they are indelibly etched.”
Action: Make a picture of your big idea. And dare to share this image with supporters and opponents. Start the discussion not around words but around an image! Imagine and show your imagination.