Tag Archives: doughnut economics

Doughnut Economics – A Review

 

Kate Raworth’s book on economics is a very readable and useful text. The odds are, if you’re reading this blog that you are the sort of person to question conventional economics. You’ve likely noticed that the constant growth model doesn’t make any sense and that GDP doesn’t measure anything useful. But now what?

The Doughnut, is the safe space for humans that meets everyone’s basic needs without compromising the planet.

In Doughnut Economics, Kate Raworth lays out the history of the subject, explaining how we got to this current set of beliefs about the role and functioning of money. There is nothing natural or inevitable about where we are and it is not underpinned by any real laws. What has happened, is that the people making policy and working with money have adopted the stories of economists and to some degree, made them true. That’s not the same as making them work. The exciting thing in all of this is that economic stories can change, which in turn would change our relationships with each other and the planet.

What’s particularly good about this book, is that it doesn’t just offer top-down solutions for fixing things. There’s a lot here we can take onboard as individuals and within small community groups. For anyone who wants to be part of changing our collective story about economics, there are tools here for your kit box.

This is an excellent book to read alongside Ecolinguists (which I reviewed here – ecolinguistcs-a-review ) because the stories we tell about money, finance, taxes, and the economy are both economics issues and ecolinguistic issues. How we are influenced by the language of these is really important. There is power in understanding that language – firstly the power to step out of the story and see yourself differently. Secondly we have the power to influence each other through the economic stories we tell and the language we use to tell them.

And if that doesn’t make your bardic heart beat a little faster, or swell with hope and possibility…

More about Doughnut Economics here – https://www.kateraworth.com/doughnut/

 

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