Long Now

Roman Krznaric, Kate Raworth: What Doughnut Economics Can Learn From History

40 snips
Dec 11, 2024
Roman Krznaric is a social philosopher and author of "History for Tomorrow," while Kate Raworth is a renegade economist known for the "Doughnut Economics" framework. They dive into how history can guide us in creating regenerative economic systems. Discussing doughnut economics, they challenge traditional growth models and advocate for sustainable frameworks that respect social and planetary boundaries. They highlight innovative ownership structures and historical water management practices as pathways to resilience, emphasizing community engagement and long-term thinking.
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INSIGHT

Flawed Progress

  • The 20th-century economic model prioritized endless GDP growth.
  • This model led to increased inequality and environmental degradation.
INSIGHT

History's Importance

  • History is an undervalued resource for future planning.
  • Policymakers often focus on short-term issues and technological solutions.
ANECDOTE

Edo's Circular Economy

  • 18th-century Edo, Japan, thrived as a large circular economy.
  • Resource scarcity fostered reuse, repair, and recycling practices.
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