Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
description Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Overview
Kate Raworth’s Doughnut Economics offers a radical rethinking of economic systems. It presents a visual framework illustrating the simultaneous need to address social needs like poverty and health while staying within ecological limits—planetary boundaries. The book is valuable for anyone interested in sustainability, particularly those involved in policy, academia, or community development seeking alternative approaches to measuring prosperity and fostering equitable, resilient societies. It encourages systems thinking and challenges conventional economic assumptions.
help Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist FAQ
What does Kate Raworth mean by the doughnut in Doughnut Economics?
Raworth uses the doughnut as a visual model with a social foundation on the inside and an ecological ceiling on the outside. The goal is to meet needs such as food, housing, health, and education without overshooting planetary boundaries such as climate change and biodiversity loss.
Why does Doughnut Economics criticize GDP growth as the main economic goal?
The book argues that GDP was not designed to measure human wellbeing, ecological damage, or inequality. Raworth instead asks readers to think about whether an economy helps people thrive within Earth system limits.
Is Doughnut Economics connected to the planetary boundaries framework?
Yes. Raworth builds the outer ring of the doughnut around the planetary boundaries work associated with researchers including Johan Rockstrom and the Stockholm Resilience Centre.
Who is Doughnut Economics most useful for besides economists?
It is often useful for sustainability teams, city planners, policy workers, and students because the framework is easy to apply outside academic economics. Amsterdam publicly used doughnut thinking in city planning discussions in the early 2020s.
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