Kate Raworth on Growth
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- Опубликовано: 24 мар 2014
- #RSABeyondGDP
Our politicians are hung up on keeping the growth curve rising. But does GDP really tell us all we need to know about a country's wealth and well-being? In this new RSA Short, Kate Raworth makes a powerful argument to look beyond economic growth alone for a true measure of prosperity and progress.
Kate Raworth is a renegade economist teaching at Oxford University, and is focused on the rewriting of economics to make it a fit tool for addressing the 21st century's social and ecological challenges. She blogs on Doughnut Economics at www.kateraworth.com and tweets @KateRaworth
Voice: Kate Raworth
Animation: Marija Jacimovic
Design: Milan Perisic
Production: Benoit Detall
Watch Kate Raworth in full: • Doughnut Economics - K...
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I see an Unconditional Basic Income as a first step toward redefining wealth because everyone could heave a collective sigh of relief. We would be freed from the desperation of having to work at insane jobs, and then we could decide what work we WANT to do instead of what we HAVE to do. We would then have the energy to think about new future directions such as your channel is looking at.
Absolutely brilliant animations. Well done
I am Rita Solari Inko-Tariah from Nigeria. I'm the Founder and Chief Executive Officer of Solari Skills And Entrepreneurship Development Centre ( SSEDC)
Economic 'DEVELOPMENT' (not growth) is key, we need to invest in schemes that encourage equality in all forms (education, sexual, financial) before growth will occur. But is that too much to ask of today's nations who are crippled by the financial crisis? To ask the government to invest in schemes that don't actually create immediate financial growth and leave the nation at the bottom of the international ratpack?
Great video, I love it!
Hah, I love how at 1:09 they've included China and India, which together comprise 1/3 of the world's population, in the list of countries to reinforce growing global inequality in 2/3rds of the world since 1980. In 1980, their respective GDP per capita figures were $193 and $271. Its hard to be unequal when basically everyone is in poverty! Since 1980 both countries have seen increasing inequality. 2014's China is undoubtedly one of the most unequal places in the world, yet at the same time is almost single handedly responsible for the marked decrease in extreme poverty that has occurred in the last three decades. China's GDP per capita in 2012 was $6,091. India has not been nearly as successful in poverty alleviation - its per capita income in 2012 was $1,489. Not surprisingly, China ranks higher than India on measures of inequality (Gini of 0.47 versus 0.33). However, on an absolute scale the lives of Chinese citizens have improved much more than the relatively more "equal" Indian society. Thus, discussions of inequality on a global scale are difficult to contextualize between developing and developed nations.
I wish I had her as a teacher in my economics program...I sincerely hope my university is an extreme case when it comes to the complete lack of self-reflection and scepticism, but I somehow doubt it. In fact, my fellow economics-students are probably among the most self-absorbed and arrogant on the entire campus, and as I've been extremely active in various studentorganizations, I've met many students. The ones that know the value of questioning what we know don't have the knowledge to ask the right questions. And the ones that have the knowledge, aren't asking any questions. So I'm left sitting in my lectures as pretty much the only one that knows there's a lot more to the simple reality we're being lectured on in the powerpoint slides. Quite frustrating.
Stick with it - most undergrad programs are fairly formulaic presentations of prevailing economic wisdom and the mathematical/analytical tools you need to do economic analysis. Once you learn those, then you can try to rip apart prevailing wisdom! Or graduate and go into i banking/consulting :)
True, which is why I'm not really blaming the program or anything. I'm just a bit disappointed in my fellow students. But I will stick to it, thanks.
@@SomeOne1121how did things turn out man? Was it worth it? If you don’t mind me asking
@@krmh42 haha you mean becoming an Economist? I got a master's degree in economics and finance and now work as a credit analyst at a bank.
If I could go back in time I would've chosen differently. My life is good but economics is a waste of time and effort for anyone with more than two brain cells. Idiotic dogma and moronic people. I wish I had chosen engineering or law.
Does that answer your questions?
Good question I think.. Let's try to overcome!!!
For those saying that maintaining positive right with natural rights is a zero-sum game, consider that we can print money to bail out "too big to fail" corporations.
There is a TED talk on this topic.
Closed captions please!
How long does it take to finish making these videos, they look like they need a lot of time to be done? But I like them, and it's an effort in the right place.
Economic growth is easy to measure...other. things are difficult to measure and compare. And also need for other things are based on social and historical factors.
What animation software did they use for this?
The modern economic model is based on debt & interest & an increasing cost on the resources it relies on to sustain itself, long term we're, I think the term used is 'fucked!'. :S
Sharing, Justice and Peace for all will help Save Our Planet
Lots of assertions here, but I missed the WHY...as in, to what end? Perhaps a longer version would provide it, or I need to be smarter.
POLITICS!!!
How is this type/genre of video called?
Can anyone please suggest how to make animated videos like this? Thanks in advance
What about' intrinsic value' applied to e.g. food, water. the substance of the clothes worn: Hennep for tough 'jeans'. High intrinsic value of a nation as a determinate of 'quality of life & the cost of an ambulance on call out ? Cars that run on water...better batteries to store solar energy. If wind up radio is possible why not a 'wind up lap top ?/mobile phone/MP3 player ? Human energy can power so much.
The solution is simple. The economic system we have can work so long as there is integrity, honesty and accountability from those in senior positions. Bah hahaha...were doomed! That's the fatal flaw...greed and power and corruption. And we humans have no control over it.
how 'bout null growth?
Just arrange their(politican) Wage to minimum Wage ,Then Changes Will quickly occur.
"in 2010 93% of national income growth was captured by 10% of Americans"
Economic growth is promoted as the remedy for inequality and unemployment, and that seems sensible, but if those growth gains are captured by a minority...
And therein lies the problem.
I've read several books and seen several documentaries that explains that economic growth is necessary for a monetary economic system, based on debt, to exist. The claim is that the principal would collapse from the exponential interest, and if you didn't keep loaning more money into existence you wouldn't be able to have currency in the first place. Because all currency is debt, and if all debt was repaid, there'd still be debt left in the system, resulting in a negative balance sheet in total - specifically because the concept of paying interest was introduced.
Can any of you economists debunk that? It sounds to me like these modern green economic viewpoints are impossible to follow within the current economic system.
Maybe it's time to think of a new system all together
Bitcoin
¿how meny millions of peobles have get off the poverty in countrys like China or India in few years?
Ahhh growth with finite resources...aint gonna happen
Still don't understand the issue with inequality, that isn't just an issue with poverty specifically.
An introduction to this is "The Spirit Level" which discusses many reasons. One example is that inequality, and not poverty as such, leads to increased mental illness.
They are all just words. National and human wealth. Can you get anymore subjective terms? lol. So far economies will continue to grow in the predictable monetary forms. But infrastructure is seldom addressed these days in western countries. As is adequate and affordable housing. A nation where your people can barely find shelter is an enlightened society?
That's the point; Talk less, be more curious as you listen. I've been taking UN courses for years and this lady has the 21st Century model we'll need if we're to sustain, FAIRLY, both civilization and nature. Without this all inclusive model, one or the other will be gone by 2117.
Where does GOD fit in all of this, if at all ...?!?
Well, He might come into discussion in regard to what we want, what we aim for and what is right (happiness, purpose, morlity) - what is the ultimate goal of economy in relation to humans and the rest of the planet, BUT this is a video on economy (and it's efficiency) and one shouldn't focus too much on religion as an institution, dogma and doctrine. Use religion to determine what is right and wrong (if you feel religion can help you in that) and what would be a desirable outcome that economy should be used to achieve.
The biggest difference between the rich and the poor is that the poor spend money to experience pleasure, and the rich spend money to make more money.
That is not true at all...the rich experience life and spend money all the time on their lifestyle (which is pleasurable beyond what the poor can even imagine as normal) the simple difference is that they have more than enough to invest and understand how to do so....
That's quite unnuanced. The rich spend loads and loads on money on entertainment.
You're right, I guess to clarify, this is the difference between people who have the potential to get rich, and those who will linger in mediocrity. It's all in the mindset and how you use your money. And there are of course exceptions to every rule but, as a general basis, there's truth to this.
The poor spend money to survive. The middle class spend money on pleasure. The rich don't spend money.
Metadigital I'd call investing spending money to make money. Much more profitable than not touching it.
Communism time.
How is this type/genre of video called?
animation..?
I think the word you are looking for is "infographic". They're usually in the form of plain pictures, though, but I'd say the term applies to animations as well.