According to TED.com: “What would a sustainable, universally beneficial economy look like? “Like a doughnut,” says Oxford economist Kate Raworth. In a stellar, eye-opening talk, she explains how we can move countries out of the hole — where people are falling short on life’s essentials — and create regenerative, distributive economies that work within the planet’s ecological limits.”
“Kate Raworth writes: “I am a renegade economist, dedicated to rewriting economics so that it’s fit for tackling the 21st century’s grand challenge of meeting the needs of all people within the means of the planet. After 20 years of wrestling with policies based on outdated economic theories — via the villages of Zanzibar to the headquarters of the UN and on the campaigning frontlines of Oxfam — I realized that if the economic conversations taking place in parliaments, in boardrooms and in the media worldwide are going to change, then the fundamental economic ideas taught in schools and universities have to be transformed, too.”
“I wrote Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist to be the book that I wish I could have read when I was a frustrated and disillusioned economics student myself. And silly though it sounds, it all starts with a doughnut (yes, the kind with a hole in the middle), which acts as a compass for 21st-century prosperity, inviting us to rethink what the economy is, and is for, who we are, and what success looks like.”
Kate Raworth a Healthy Economy Should Be Designed to Thrive Not Grow
For those of you not familiar with TED Talks here is a brief summery from www.ted.com: “TED is a small nonprofit devoted to Ideas Worth Spreading. It started out (in 1984) as a conference bringing together people from three worlds: Technology, Entertainment, Design. Since then its scope has become ever broader. Along with two annual conferences — the TED Conference in Long Beach and Palm Springs each spring, and the TEDGlobal conference in Oxford UK each summer — TED includes the award-winning TEDTalks video site, the Open Translation Project and Open TV Project, the inspiring TED Fellows and TEDx programs, and the annual TED Prize”
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I look forward to your thoughts and comments!