Kate Raworth on Growth – 2015
Published on YouTube March 25th 2014
Our politicians are hung up on keeping the growth curve rising. But does GDP really tell us all we need to know about a country’s wealth and well-being? In this new RSA Short, Kate Raworth makes a powerful argument to look beyond economic growth alone for a true measure of prosperity and progress. Kate Raworth is a renegade economist teaching at Oxford University, and is focused on the rewriting of economics to make it a fit tool for addressing the 21st century’s social and ecological challenges.
She blogs on Doughnut Economics at http://www.kateraworth.com and tweets @KateRaworth
Voice: Kate Raworth
Animation: Marija Jacimovic
Design: Milan Perisic
Production: Benoit Detall
Watch Kate Raworth in full: http://www.youtube.com/watch?v=CqJL-c…
Amsterdam to embrace ‘doughnut’
economics model after Covid-19
Dutch officials and British economist to use guide to help city thrive in balance with planet
A doughnut cooked up in Oxford will guide Amsterdam out of the economic mess left by the coronavirus pandemic.
While straining to keep citizens safe in the Dutch capital, municipality officials and the British economist Kate Raworth from Oxford University’s Environmental Change Institute have also been plotting how the city will rebuild in a post-Covid-19 world.
The conclusion? Out with the global attachment to economic growth and laws of supply and demand, and in with the so-called doughnut model devised by Raworth as a guide to what it means for countries, cities and people to thrive in balance with the planet.
Raworth’s 2017 bestselling book, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, has graced the bedside table of people ranging from the former Brexit secretary David Davis to the Guardian columnist George Monbiot, who described it as a “breakthrough alternative to growth economics”.
In Doughnut economics by Kate Raworth, we see that markets are inefficient and growth is not the holy grail. It’s time for a new economics model: the doughnut economics. Kate Raworth’s plea for the ‘doughnut economics’ casts doubt on the credo of economic growth for sustainability: there are hard limits to what you can do to the planet. Kate Raworth’s doughnut economics could change our future. Let’s have a look.
Original title: De donut economie – VPRO Tegenlicht
Hurray, the economy is growing again! We have done a lot of shopping after the increase of our purchasing power. However, CO2 emissions and inequality are rising just as fast. What can you do about this? The British economist Kate Raworth uses a powerful image for a new circular economy: the doughnut, thus introducing the doughnut economics. Our economic activities should not fly out of the curve, but grow within its limits, in an ideal circle.
Is our economic behavior at the service of growth and profit or does it serve man and planet? With that question, economist Kate Raworth, a researcher at the ‘Environmental Change Institute’ in Oxford, set to work. Instead of rising lines and rising graphs, a different ideal image emerged: our economy should function according to the doughnut model.
How that works exactly, Raworth described in the book ‘Doughnut Economics’, which has achieved a true cult status among connoisseurs. Raworth’s plea for the ‘doughnut economics’ casts doubt on the credo of economic growth for sustainability: there are hard limits to what you can do to the planet. From the start of your business you have to think and act circularly. Anyone who undertakes in this way, for example, remains under the ecological ceiling of a maximum of 1.5 degrees Celsius warming of the earth and at the same time sets the minimum wage for employees at a fairer social level.
Using video fragments, various round attributes and a special table, Kate Raworth shows how our economics can fundamentally be structured differently. With growth, but within the set limits. Or is reality more square?
Originally broadcasted by VPRO in 2017.
© VPRO Backlight November 2017
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