Doughnut Economics: Creating a safe and just space for humanity

Doughnut Economics: Creating a safe and just space for humanity

Author: 
The RSA

Oxfam senior researcher and former co-author of the UN's annual Human Development Report Kate Raworth visited the RSA in October 2012, to explain 'doughnut economics' -- which the RSA describes as "the bold new theory...sweeping the development world."

So how can the simple doughnut help save the planet and decrease global inequality?

How can seven billion people (and rising) share the resources of this one planet? Global economic growth, as we know it, isn’t delivering: it’s exacerbating inequalities while pushing the Earth beyond ecological limits. So what would it take to achieve human development for all – in both rich and poor countries – without pushing us over ecological tipping points?

Kate Raworth argues that we need to rewrite the economics textbooks, making planetary boundaries and human rights the starting point of a new doughnut-shaped economics, leading us to question the nature and future of economic growth itself.

Listen to the podcast of the full event including audience Q&A.

Video originally published on Jan 9, 2013 by the RSA and is used under Creative Commons license.