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Doughnut Economics, Rethinking Economics for the 21st Century

Azeem Azhar's Exponential View

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Do Markets Respond to People's Needs?

Shopping emerges out of a long tradition of ontrpenerialism and innovation. Adam smith was right. There's something phenomenal about the that this mechanism can enable millions of people who never need to meet, to coordinate their behaviors. But it has a problem. It only values what's priced, and it only serves the needs of those with money. So if we' don no people's wants, if you have a hole in your shoe, well you need to have the money to be able to fix it. Millions of people in the world don't even have a pair of shoes, and the market's not serving them. And also, of what's now called marq

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