On this episode, Nate is joined by the creator of Doughnut Economics, Kate Raworth, to discuss alternative economies that measure more than just the material wealth created by a society. As we expand further past planetary boundaries, the gap between the standard of living of the materially wealthiest and poorest continues to grow. Increasingly, these shortfalls in both ecological and social well-being of the current economic system are becoming more recognized by the general populace.  Can we create systems that keep people from falling down the cracks, while also respecting the limits of our planetary home? Are there governments and businesses already aligning themselves to these principles and shifting to a different way of leading? Could moving towards a holistic system, such as Doughnut Economics, be enough to overcome the energy hungry growth of a global Superorganism? About Kate Raworth: Kate Raworth describes herself as a renegade economist focused on making economics fit for 21st century realities. She is the creator of the Doughnut of social and planetary boundaries, and co-founder of Doughnut Economics Action Lab, based on her best-selling book Doughnut Economics: 7 Ways to Think Like a 21st Century Economist. Kate is a Senior Associate at Oxford University’s Environmental Change Institute, where she teaches on the Masters in Environmental Change and Management. She is also Professor of Practice at Amsterdam University of Applied Sciences. She is a member of the Club of Rome and currently serves on the World Health Organisation Council on the Economics of Health for All. For Show Notes and More visit:  https://www.thegreatsimplification.com/episode/77-kate-raworth To watch this video episode on Youtube → https://youtu.be/vBSvN3Ntal4 

Kate Raworth, a renegade economist and author of 'Donut Economics,' takes on the traditional economic model, arguing that the relentless pursuit of GDP is harming the planet. She teams up with Marike van Doornink, Amsterdam's deputy mayor, to showcase how the city is implementing this sustainable framework. They discuss the limitations of GDP as a measure of success and explore innovative strategies for social equity and environmental sustainability. Their conversation offers a fresh perspective on achieving well-being in urban development.

On this Reality Roundtable, Nate is joined by Jon Erickson, Josh Farley, Steve Keen, and Kate Raworth - all of whom are leading thinkers and educators in the field of heterodox economics. In this lively discussion, each guest begins by sharing one fundamental aspect of what conventional economics gets wrong and how it could be improved in our education system. What basic assumptions about humans have led to a misunderstanding of the average person’s decision-making? What areas has economics turned a blindspot to as the foundation of our economic systems? Who is finding the models and systems that economists have created useful - and how does economics as a discipline need to change in the face of a lower energy future? In short, what we teach our 18-22 year olds around the world matters - a great deal. About Jon Erickson Jon Erickson is the David Blittersdorf Professor of Sustainability Science & Policy at the University of Vermont. He has published widely on energy and climate change policy, land conservation, watershed planning, environmental public health, and the theory and practice of ecological economics.  He advised presidential candidate Bernie Sanders on economics and energy issues. About Josh Farley Joshua Farley is an ecological economist and Professor in Community Development & Applied Economics and Public Administration at the University of Vermont. He is the President of the International Society for Ecological Economics.  About Steve Keen Steve Keen is an economist, author of Debunking Economics and The New Economics: A Manifesto. He is a Research Fellow at the Institute for Strategy, Resilience, and Security at University College in London. About Kate Raworth Kate Raworth describes herself as a renegade economist focused on making economics fit for 21st century realities. She is the creator of the Doughnut of social and planetary boundaries, and co-founder of Doughnut Economics Action Lab, based on her best-selling book Doughnut Economics: 7 Ways to Think Like a 21st Century Economist. Kate is a Senior Associate at Oxford University’s Environmental Change Institute, where she teaches on the Masters in Environmental Change and Management. She is also Professor of Practice at Amsterdam University of Applied Sciences. She is a member of the Club of Rome and currently serves on the World Health Organisation Council on the Economics of Health for All.  For Show Notes and More visit: https://www.thegreatsimplification.com/episode/rr03-erickson-farley-raworth-keen  To watch this video episode on YouTube: https://youtu.be/EC11UQD9q3w  

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.

Kate Raworth, a renegade economist, discusses the need for a new economic narrative. She proposes a donut-shaped model where the goal is to meet the needs of all within the means of the planet. The podcast explores measuring individual impact on planetary boundaries and challenges the belief in endless economic growth. It emphasizes the power of changing paradigms and aims to challenge established perceptions and narratives about economics.

It’s Ok To Be Angry About Capitalism is the title of the new book by the US politician Bernie Sanders. In it he castigates a system that he argues is fuelled by uncontrolled greed and rigged against ordinary people. He tells Tom Sutcliffe it’s time to reject an economic order and a political system that continues to benefit the super-rich, and fight for a democracy that recognises that economic rights are human rights.The Chief Economics Commentator at the Financial Times Martin Wolf looks more closely at how and why the relationship between capitalism and democracy appears to be unravelling. But despite the failings – slowing growth, growing inequality and widespread popular disillusion – he argues in The Crisis of Democratic Capitalism that the relationship remains the best system for human flourishing. But the economist Kate Raworth believes that mainstream economics has had its day. Its failure to predict and prevent financial crises, while allowing extreme poverty, inequality and environment degradation to persist, means its contributing to, not solving, societal unrest. She argues that her theory – Doughnut Economics – offers a new model for a green, fair and thriving global economy.Producer: Katy Hickman

Join Kate Raworth, creator of the doughnut model, Helen Thompson, a political economy expert, and Bim Afolami, a Conservative MP focused on renewable energy, as they explore whether we can thrive without economic growth. They discuss the necessity of revising our understanding of prosperity, emphasizing sustainability and social equity over GDP. The trio critiques the relentless pursuit of growth and advocates for innovative economic models that prioritize well-being, pushing for an inclusive dialogue that challenges traditional economic narratives.

Kate Raworth, an acclaimed economist from Oxford University and author of 'Donut Economics', presents a fresh framework for sustainable growth. She discusses how traditional economic education often fails to address ecological and societal needs. Raworth emphasizes the balance between fulfilling human requirements and respecting planetary limits. She advocates for innovative economic models that incorporate altruism and systems thinking, aiming for a transformative approach that fosters equity and environmental sustainability.

In the 21st century, the impact of financial and environmental crises can be felt by all. But how do we marry the nature of the economy with the ever depleting means of the planet? Rory and Alastair discuss the radical doughnut economic model with economist Kate Raworth to unpick how it could work politically, and how it is already helping cities to thrive in balance.TRIP Plus:Become a member of The Rest Is Politics Plus to support the podcast, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up.Instagram:@restispoliticsTwitter:@RestIsPoliticsEmail:restispolitics@gmail.comHosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Economist Kate Raworth discusses 'donut economics' that balance human needs with planetary limits. They tackle redefining economic growth, regulatory challenges, and transitioning to sustainable economies. Explore consumerism's impact on society, regenerative farming, and sustainable practices in urban transformations and air travel.