Do You Have a Product?

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

We need digital technologies that respect the importance of our ability as humans in social and reciprocal relations to each other. I call it corporate psychotherapy. For me, whenever i think about a product, weve talk with companies at doghnut economic action lad ney say, what would it mean to do our business in the doughnut? And they want to show you their product, lookets, made from, sustained by materials, and we buy it in living wage supply changes. So then i want to come tote to the crak of this. We can talk all we like about the design of your product, but if we really want to know what your company can do and be

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.