logo share us

Doughnut Economics

   

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


   
   
💡

Learn more about Doughnut Economics.



More on business ethics: Insider Trading, Negotiation Agreement, White Collar Crime.


MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 22-10-2024  -  Privacy   |   Terms