Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
DOI:
https://doi.org/10.14482/inDEs.26.2.330Keywords:
doughnut economics, planetary boundaries, Sustainable Development Goals (SDGs)Abstract
Kate Raworth’s book invites the reader to reflect on the relevance of the dominant economic paradigm in the context of a planet that suffers from ecological and environmental exhaustion. The implications of that debate are not solely theoretical; empirical data shows that contemporary capitalism is not sustainable. By introducing the metaphor of the doughnut, the economist suggests a shift in the goal of perpetual economic growth on which the future of societies is based. It is important to replace the language from ‘good is forward-and-up’ to ‘good is in-balance’ between human needs and the earthly limits of the Earth.
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