5min chapter

The Great Simplification with Nate Hagens cover image

Kate Raworth: "The Superorganism V. The Doughnut"

The Great Simplification with Nate Hagens

CHAPTER

The Importance of Reality 101

I know that income and wealth inequality are incompatible with what you envision to be a successful donut economy. Do you think ecologically and biophysically responsible societies need to go hand in hand with more materially equitable societies? Yes, definitely. I mean, here's the donut. Is there overshooting and shortfall donuts? So all the red in the middle is the extent to which people worldwide are falling short on the central needs. There's no way we can meet the needs of all people within the needs of the planetary boundaries in such an inequality because we need a massive redistribution of resources. The richest 1% of people own half of the world's wealth. A regenerative system

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