Why it's time for 'Doughnut Economics' | Kate Raworth | TEDxAthens
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- Опубликовано: 28 июл 2024
- This talk was given at a local TEDx event, produced independently of the TED Conferences. Economic theory is centuries out of date and that's a disaster for tackling the 21st century's challenges of climate change, poverty, and extreme inequality. Kate Raworth flips economic thinking on its head to give a crash course in alternative economics, explaining in three minutes what they'll never teach you in three years of a degree. Find out why it's time to get into the doughnut...
Kate Raworth is an economist focused on the rewriting of economics to make it fit for addressing this century’s realities and challenges. She is the creator of the doughnut of social and planetary boundaries which, since being first published by Oxfam in 2012, has gained widespread international recognition and influence in reframing sustainable development, including shaping the United Nations’ post-2015 Sustainable Development Goals. She is currently writing Doughnut Economics: seven ways to think like a 21st century economist, to be published by Random House in Spring 2016.
Kate is a senior visiting research associate and lecturer at Oxford University's Environmental Change Institute, and a senior associate of the Cambridge Institute for Sustainability Leadership. She has presented doughnut economics widely - from the UN General Assembly to the Occupy Movement - and her writing has featured in The Guardian, The New Statesman, Resurgence, Nature Climate Change, and Wired. She has been named by The Guardian as “one of the top ten tweeters on economic transformation”.
Over the past two decades she was senior researcher at Oxfam, co-author of the UN Human Development Report, and a fellow of the Overseas Development Institute in Zanzibar. She holds a first class BA in Politics, Philosophy and Economics and a MSc in Economics for Development, both from Oxford University.
Kate blogs about Doughnut Economics at www.kateraworth.com and tweets @KateRaworth.
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I don't understand why this talk doesn't have millions of views!?! It's one of these talks that fundamentally changes the way you see the the world. Thank you, Kate Raworth!
Probably because it makes no sense to an actual economist, she dropped out of economics and it shows. Econ is supposed to be broad-scale (especially what they teach at uni), what she says is "what mainstream economists think" is way too basic and/or just wrong, unpaid work isn't some overlooked part of the economy, it is the same as paid work just not paid with money etc.. She just doesn't know what she's talking about because the dropped out, if she didn't she'd realise that we talk about these exact things in most econ courses at most universities. All good though no one's perfect
@@jarrah580 Huh? Kate Raworth literally has a BA and an MSc in economics. She knows what she's talking about.
I am a kid and I am watching this!I absolutely love it! We should start thinking about a solution for the problems we created. Change the way you think! We are in the twenty first century, stop thinking like you were living one hundred years ago. What are you giving importance to? What are you spending your money on? What are you supporting? This are questions we should be asking ourselves on a daily life!
Yes!! You get more of what you focus on. So, let's focus on the doughnut.
Look for Herman Daly’s work as well...
This is one of THE best talks I've heard. Kate Raworth has changed the way I view the economy & Earth's boundaries & development forever. Thank you.
Leaves me in tears every time. Because I care and Kate really cares to have thought about the issue.
Save your tears. Caring doesn’t really help much. And you can walk away from economics just as we can stop caring and be happier ! 🙏 instead of caring buy a house with a garden & plant all the things you like & want.
Right now its 2018 and I'm German student. While I watched the video I've got goose bumps! What Kate Raworth says is true and she changed my way to think.
check mal peter joseph aus, ernsthaft__
As a student of economics, she really did just transform my view.
I’m sorry you are studying the pseudo quack science aka economics
I've just discovered it! It makes so much sense in the world we live in today. The idea of growth, of infinite growth, is so detrimental when we see our unbalanced world caused by it. I want a doughnut!
Kate you are a wonder. I'm so glad to have watched your talks and can't stop sharing them. Thanks for being brave enough to pursue your ideas and passions.
Excellent lecture. Economics has become far too detached from its roots as a sub-field of moral and political philosophy.
Stephanie L Economics not as a science, but more as quantified ethics - or religion with accounting. It's time society stopped thinking we operate in a vacuum. We're all a part of this ecosystem.
For everyone who’s mindset has changed from watching this video, I implore you to share it to friends and family. Only by spreading this idea will we see change.
Absolutely brilliant! Surely anyone who sees this and understands it would be sharing it FAR AND WIDE! I shall!
“Governments have historically opted to tax what they could, rather than what they should, and it shows.”
― Kate Raworth "Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist"
Genius! Such an inspiration and a visionary, Kate!
Thank you Kate. Together we must change our world in the interests of all and not a powerful few.
This is really fantastic and impressive to my understanding of sustainability!
WOW!!! This must be published everywhere!!! I just seen it in my Uni lecture and it's a jewel
This makes so much sense. I like the idea that our cabinet ministers or even world leaders would have to sit around this diagram as they carve up the profits of a countries wealth for their rich friends.
I’ve read her book and watched this video several times over the years. I would have thought she would be a household name by now and doughnut economy would be in the public lexicon.
It's actually very naive and ridiculous. She says nothing really. She basically said, 'What if we had world peace, ya know? that's what would be good'. Like.. cool idea. are you 10 years old? The public lexicon. ...pffffft you're funny. Karen is a perfect name for you
Thank you Kate - you are a light of hope for a better way forward in economics...
One of the best talk i have ever listened. It is really an eye opener and bound to change all the economic models that economists and policy makers have been using to drive economic growth. Thank you very much Kate Raworth!
These are avant garde ideas that every professional and policy maker needs to understand! My background is in the built environment (landscape architecture, urbanism, environmental planning) and I testify that this kind of reasoning is so timely. Its 2021 and global economies need to embrace circularity asap if we are to reverse the current planetary and environmental crisis we are in now.
This talk is incredible! I'm so grateful to my Development and Economics teacher for sharing this :>
Superb...its high time...Not just thinking and liking....we need action and authority should be moving with this.. This pencil change is needed in every subject and not just in Economics.
Kate articulates everything I've been thinking but couldn't get across to people look at me like I'm crazy.
Thank you Kate
Thank you so much for giving such an inspiring speech. I only watched this for three minutes and I can’t help but appreciating your effort in delivering this speech. It amplifies my understanding of fundamental economics and sheds light on new modern issues that are ignored by economists. Brilliant!
Excellent presentation! A badly needed approach to deviate from GDP growth at any cost.
Viktiga och inspirerande råd för att undvika klimatkollaps
Excellent critique of the limitations - and biases - of contemporary economics. A discipline so out of date it advises students to ignore the events of the last ten years.
should we ignore calculus because it doesn't contain vitamin B?
MyLifeForAuir87 terrible, tone deaf, analogy 🙄
Wow the real economist with a heart!!! Thank you very much Kate!!
Brilliant talk. Most inspiring - I think this should be force fed to all politicians, economists and those who dabble in the art of teaching/learning economics.
Brilliant airtight arguments. Very well done.
Nice ideas and very difficult to get details into a 16 minute talk so I assume her economic theory and evidence are in her new book.
She is definitely covering similar ground as E. F. Schumacher did in the 70s.
Amazing! succinctly delivered
Thank you. Very inspiring.
such passion ... really awesome talk
Read the book it was brilliant, I highly recommend.
Thanks,Kate!
Completely agree!
A challenging situation to transform the current paradigm of developing and growth.
I took my pencil!
Amazing speech! Amazing presentation! I really loved it.
This is the kind of thinking we need to save the world. We are not going to be populating other planets - this one is perfect for us. The idea of greed has only been around for a few millenia perhaps and out of control greed since the last century. Up to a few thousand years ago, humans cared for each other in total, as societies and that is the kind of social programming which is needed for us to survive as a species and for our planet to survive as well. We have to be thinking of economics and the planet in this (or a similar) way. Kate Raworth is a great thinker.
BRAVO, love it
What an important talk!
As a young economist we have to think 🤔 the way this mother economist is talking about
She is on to something huge but the traditional economists selfishly don't want us to know it, and they still have that power.
Oh Amitabha please cause the dharma and all good fortune to flourish. 🙏🏻
I here after Marie Forlio interview… anyone else? Now the time has come… people are already using it… Great work 👌👌👍👍👏👏👏
OMG just seen the video cause Holland are actually using her donuts !
Hey, Ly! In what way they are using it? Would like to read something about this case :)
Clarice Nilles try looking up “circular economy Amsterdam“ .. it’s pretty cool! They want to be the first city to be completely circular. No more waste of anything from water to energy to goods
Love this talk !
very Buckminster Fuller, good stuff
Thank you! I love it!
In her book, Kate mentioned the keyword of "balance" and used a picture of traditional Chinese philosophy picture of Yinyang. I can understand her effort of encouraging people to think the whole picture. While in 1840, when Queen Victora decided to have a war to protect the benefit of opium business in China, they didn't care about the health condition of Chinese and only focused on the profit of opium. The book "Inglorious Empire" by Indian former Minister also mentioned the British destroyed the industry foundation of India and produced opium there. My point is, "Doughnut Economics" cares about the environment more than the GDP now. It's a new rule to play the economic game. While with the help of history, maybe we can learn about that some tragedy of countries just because they didn't have the strong economic and lost the freedom of development? Could the new theory become the weapon to keep the developing countries poor? Because if they want to develop their economy in a western way: damaging the environment, they have to pay the tax for the developed countries in the future? Limited by the technology, the developing countries have to choose between low-speed-development and damage-environment-development. If they have to buy the high-tech from the developed countries or pay the bill of damaging the environment. It could be another robbing of 21 century with the perfect theory.
Brilliant talk! Because politicians tend to think in short-term election cycles, I wonder of 'we the people' need to hold the long-term view and stay the course?
This lecture is tragically under watched.
The book is seriously great :)
Probably because of the speaker's misandria?
Mate this is really serious. I mean reality real...
That was my first thought as well :/
@@yodamaster202 Have you gotten over your stupidity yet?
The lecture is interesting indeed. The wellbeing of human being at the center of all economic strategies and policies at all level (micro & macro) is really a wonderful idea which could considerably mitigate the existing misery of mankind by promoting economic justice and creating harmony between nature and economic growth endeavors. Welfare economics has been the thinking of many Economists of the past and the contemporary; however, the problem has been and still is the greediness of human nature which always makes money rather than human at the center. The utopian economists have dreamed of terrestrial paradises which failed to come true. Good luck with ‘Doughnut Economics’ and rewriting economics.
I think you'll find that 'human wellbeing' is not actually the centre... planetary wellbeing is what aLL creatures' wellbeing depends upon.
she has a book in audio as well as paper
I hope it has more practical advise.
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
Is it this just sounds like socialism or communism
Fantastic!
One minute in, and she is explaining exactly my high school class on economics, too. Yeesh.
hi, can anyone tell me what were the weakest points of this conference? please
Kate - Excellent - thank you so much. I agree with everything you have said. Your 'higher ambition' needs a new type of leadership and leader. The traditional highly objective/money driven/military style of leadership is increasingly damaging the planet and everyone on it. What we need to do is move to a new paradigm of leadership which rewards everyone rather than those just at the top of the tree. I have advocated Transpersonal Leadership for many years now for the reasons you give, but the 'elite' don't want it as it doesn't fit in with their desires from egotism and greed. I have a contact with one of the world's leading experts on Transpersonal leadership - if you send me a reply I'll pass on their details.
Tengo demasiado interés en el tema
Too brilliant. I adore her.
DIKKE so deze video is zeer leuk en leerrijk ik zou graag edgen op gilles schollier
The difference between Kate and those in power - she's not a sociopath.
she's also not intelligent
One of the very best talks.
Absolutely spot on
The wellbeing of every single human being (as well as other species of animals and plants) depends on one fundamental change in how we are organized. We must treat the planet as our Commons. We must then allocate private control over any portion of the Commons by competitive bidding under a leasehold arrangement rather than the issuance of deeds suggesting any individual or entity is an "owner" of the Commons. The annual payment -- a rental payment -- would go into the common fund out of which we pay for democratically-agreed upon public goods and services. This systemic change has been called for by thoughtful people for centuries. Read anything by the 19th century political economist Henry George for clear insight into why this is so necessary and how it would work to change the course of history.
I wish this were taught in high schools and colleges instead of some of the courses they are teaching now.
Please, subtitle in Spanish. So we can use this extraordinary talk in our High Schools in Spain and Latin America.
I am amazed
Just as relevant, if not more so, in December 2021 as it was when Kate Rawson spoke. Did they consider this at the COP talks?
Inspiring
Please send me the donut sticker, I am definitely joining the campaign.
Buenísimo el vídeo! Para que sirve el dinero si nos estamos acabando el planeta! No hay plan “B”
This gives me hope.
Subtitulos en español por favor
omg thank you
Revolutionary
If you watch one thing watch Kate Raworth on donut economics - this one
MASTER PIECE
Ms Raworth, what is your opinion on overpopulation and it's affect on economics and the environment?
Subtitulos en español por favor saludos cordiales
Queen ❣
Google algorithms on my RUclips search engines are delivering me all these videos
I need to write an essay on this, other than that interesting video.
Great lecture! Absolutely fundamental for ALL of us.
I just wish the camera would stop jumping every five seconds!
I have her book and 2 others which help a lot to understand where we are are what we have to do. Ha Joon Chang's "Economics. The Users' Guide" and Yanis Varoufakis' "Talking to My Daughter About the Economy" Both are as readable as a good novel and both are so very useful. Kate's book is with them.
Please, have a look at "Creating an Economy for the Common Good" by Christian Felber, he directed me here through a tweet. Time to join forces, MUCH can be done and much is BEING done!
May God bless you and your mindset.....may God bless your economic theory....I don't need to say it....but don't stop and spread it as far as you can....the only thing in existence with no limits is the mind's extent of imagination
I think i am in love ...
Brilliant talk ! Very inspiring and deep insightful ...
I think she is The Super Woman. Keep her away from Kripton because we need her live for ever and ever ?...lol
Unfortunately, there are too many people that will exploit the well intentioned efforts. It sucks that we cannot understand how we can ALL move forward together.
I know. On the other hand, those who "exploit" these efforts can serve as the thriving force not to rest to soon ;)
Prigogine - W Brian Arthur - complexity - reality - ... A very REAL view imho.
Not all economics fit the description painted here. The number who do not is small, admittedly, but they have provided a remarkably insightful analysis of how the world really works. Who is on this list? Read Mason Gaffney's "After the Crash" or Fred Harrison's "The Predator Culture" and other books.
Como brasileira sofro em ver Amazônia sendo queimada,a fome que grita pelas ruas do Brasil afora,...mesmo assim ha esperança neste novo governo a partir de 2023.
THIS should have billions of views on RUclips, not 'Baby Shark Dance' & 'Despacito'
Monetary economic theories= Status Quo.
It throws me off how often it pans to the audience :(
Is there actually a mathematical model for this Doughnut Economy that can be used to analyze the present state of our economy vs the ideal state we seek to reach?
Could the internet of things enable us to model and regulate the Doughnut Economy in real-time in order to achieve balance?
Havent read it yet but worth checking out her book for in depth analysis of her theories
And that’s one of the problems...is getting stuck on having to have a mathematical model for everything. Maybe step back and consider other solutions too. A mathematical model is often very subpar for more complex solutions.
Great talk! If you haven't seen "Zeitgeist Addendum", "Zeitgeist Moving Forward", or "Paradise or Oblivion" I'd highly recommend them
They just serve to frighten people imo.
Raworth takes the Labour-Capital model of neo-classical economics as her starting point. A much better starting point is the Land-Labour-Capital model of classical economics. With this model you quickly arrive at a very simple answer - Henry George's Singe Tax, a single reform that would fix just about everything.
This should be taught on schools. Why is it possible we are still only learning about the 'old' outdated economic thoughts?
os especialistas que, como Kate Raworth e o professor Yunus -entre outros- querem um mundo melhor poderiam participar de mais congressos juntos (como o que será realizado pelo Vaticano no final do ano - a economia de francisco) para tentar convencer o mundo da necessidade de uma Nova Ordem econômica que seja justa socialmente, economicamente e ecologicamente. e o termo para essa nova ordem pode ser SUSTENTABILISMO