Definition: Doughnut Economics is an economic wake-up call for by Kate Raworth to transform our capitalist worldview obsessed with growth into a more balanced, sustainable perspective that allows both humans and our planet to thrive.
Raworth describes 7 ways to start thinking like 21st century economists:
1. CHANGE THE GOAL: from GDP growth to the Doughnut.
2. SEE THE BIG PICTURE: from self-contained market to embedded economy.
3. NURTURE HUMAN NATURE: from rational economic man to social adaptable humans.
4. GET SAVVY WITH SYSTEMS: from mechanical equilibrium to dynamic complexity.
5. DESIGN TO DISTRIBUTE
6. CREATE TO REGENERATE
7. BE AGNOSTIC ABOUT GROWTH
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