Rethinking Economics for Planetary Sustainability

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This chapter explores the necessity for a new economic paradigm that respects planetary boundaries while addressing ecological and social challenges. It introduces 'donut economics' as a framework for ensuring human prosperity without compromising environmental sustainability and advocates for a transition towards equity and degrowth.

In 1972, a team of young scientists at MIT published a study exploring what would happen to human civilization if people kept pursuing endless economic growth on a finite planet. They weren’t just disbelieved, they were ridiculed. The story of Donella Meadows and The Limits to Growth.

Reported and produced by Katy Shields and Vegard Beyer, with co-hosts John Biewen and Ellen McGirt. Story editor: Loretta Williams. Archival audio of Donella Meadows, Dennis Meadows, Aurelio Peccei, Jay Forrester, and others. Interviewee: John Fullerton.Original music by Nora Beyer. Additional music by Michelle Osis and Lili Haydn. Music consulting by Joe Augustine of Narrative Music. "Capitalism” is a production of the Kenan Institute for Ethics at Duke University, in partnership with Imperative 21.