We need to learn about the cycles of the living world if we're going to have any chance of managing and engaging with him. And by the way, we should probably learn about earth's inhabitants, all other living creatures and humanity. Let's learn humanity as we actually know ourselves to be in the 20 first century,. not as some very early economists decided to imagine us because it fits really neatly into their models. So where we put our attention right at the beginning has these profound impacts.
When Kate Raworth began studying economics, she was disappointed that the mainstream version of the discipline didn’t fully address many of the world issues that she wanted to tackle, such as human rights and environmental destruction. She left the field, but was inspired to jump back in after the financial crisis of 2008, when she saw an opportunity to introduce fresh perspectives. She sat down and drew a chart in the shape of a doughnut, which provided a way to think about our economic system while accounting for the impact to the world around us, as well as for humans’ baseline needs. Kate’s framing can teach us a lot about how to transform the economic model of the technology industry, helping us move from a system that values addicted, narcissistic, polarized humans to one that values healthy, loving and collaborative relationships. Her book, “Doughnut Economics: Seven Ways to Think Like a 21st Century Economist,” gives us a guide for transitioning from a 20th-century paradigm to an evolved 21st-century one that will address our existential-scale problems.