My guest today is Kate Raworth – renegade economist, author of Doughnut Economics, and co-founder of the Doughnut Economics Action Lab. We get into why mainstream economics leaves out ecology, inequality, and human wellbeing – and what a 21st century economic framework should look like. Kate introduces doughnut economics: a model for meeting the needs of all people within the planetary boundaries of the planet. We discuss the fictional character at the core of mainstream economics, the entrenched narratives holding us back, and how cities like Amsterdam are adopting doughnut economics to move towards a better future.
Learn more about the Doughnut Economics Action Lab: https://doughnuteconomics.org/
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Check out Kate’s website to learn more about her work: kateraworth.com
Find Kate’s book, Doughnut Economics, on Bookshop: https://bookshop.org/p/books/doughnut-economics-seven-ways-to-think-like-a-21st-century-economist-kate-raworth/c567b77a6aa8a1bf
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Timestamps:
00:00 The myth of human nature
01:05 Introducing Kate Raworth
02:18 Should we trust economists?
09:03 The power of diagrams
11:14 Inside the doughnut
15:28 Externalities and earth systems
19:24 Rational Economic Man
28:01 Distributive ownership
31:05 Beyond the capitalism vs. socialism paradigm
39:29 Our addiction to growth
43:53 From growth to thriving
46:15 Mapping our lock-ins to growth
51:35 Doughnut economics in action
01:03:18 Having kids and climate anxiety
01:08:13 Kate as a circus ringmaster
01:19:52 Conclusion
Host/Creator: Michael Mezzatesta
Guest: Kate Raworth
Producer: Jade Risser
Editor: Nuria Salgado
Designer: Amea Wadsworth
Thanks for watching episode 014. Lots more on the way!