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Doughnut Economics

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Doughnut Economics is a conceptual framework for transforming our economy so that it meets the needs of all people, within the boundaries of the planet. It was developed by Kate Raworth, an economist at Oxford University, and is based on the idea that we need to create a sustainable and equitable economy that works for both people and the planet.

The Seven Pillars of Doughnut Economics

The Doughnut Economics framework is based on seven pillars, which are:

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Doughnut Economics is a conceptual framework for transforming our economy so that it meets the needs of all people, within the boundaries of the planet. It was developed by Kate Raworth, an economist at Oxford University, and is based on the idea that we need to create a sustainable and equitable economy that works for both people and the planet.

The Seven Pillars of Doughnut Economics

The Doughnut Economics framework is based on seven pillars, which are:

  • Social foundation: This is the minimum level of resources and services that everyone needs to live a good life, such as food, water, healthcare, education, and housing.
  • Ecological ceiling: This is the maximum level of resource use and pollution that the planet can sustain, without causing irreversible damage to the environment.
  • Distribution: This refers to how resources and benefits are shared within society. It is important to ensure that everyone has a fair share, and that no one is left behind.
  • Investment: This refers to the investments we make in our economy, such as in education, infrastructure, and renewable energy. It is important to invest in things that will create a more sustainable and equitable future.
  • Economic activity: This refers to the production of goods and services that meet the needs of people, within the boundaries of the planet.
  • Governance: This refers to the systems and institutions that govern our economy. It is important to have a governance system that is transparent, accountable, and responsive to the needs of the people.
  • Mindset and worldview: This refers to the way we think about the economy and our place in it. It is important to have a mindset that is focused on sustainability and equity, and to challenge the status quo.

Why Learn Doughnut Economics?

There are many reasons why you might want to learn about Doughnut Economics. Here are a few:

  • To understand the challenges facing our planet: Doughnut Economics provides a comprehensive framework for understanding the social and environmental challenges facing our planet. It can help you to see how these challenges are interconnected, and to identify the root causes of these problems.
  • To develop solutions to these challenges: Doughnut Economics also offers a roadmap for creating a more sustainable and equitable economy. It can help you to identify and develop solutions to the challenges facing our planet, and to create a better future for everyone.
  • To make a difference in the world: By learning about Doughnut Economics, you can gain the knowledge and skills you need to make a difference in the world. You can use your knowledge to advocate for change, to develop sustainable solutions, and to create a more just and equitable economy.

How to Learn Doughnut Economics

There are many ways to learn about Doughnut Economics. You can read books, articles, and blog posts on the topic. You can take online courses, or attend workshops and conferences. You can also get involved with organizations that are working to promote Doughnut Economics.

No matter how you choose to learn about Doughnut Economics, it is important to approach the topic with an open mind and a willingness to learn. Doughnut Economics is a complex topic, but it is also a very important one. By learning about Doughnut Economics, you can gain the knowledge and skills you need to help create a better future for everyone.

Careers in Doughnut Economics

There are many different career paths that you can pursue with a background in Doughnut Economics. Here are a few examples:

  • Sustainability consultant: Sustainability consultants help organizations to develop and implement sustainability strategies. They can work in a variety of sectors, such as energy, transportation, and manufacturing.
  • Environmental economist: Environmental economists use economic principles to analyze environmental issues. They can work for government agencies, businesses, or non-profit organizations.
  • Policy analyst: Policy analysts develop and evaluate policies to address social and environmental problems. They can work for government agencies, think tanks, or advocacy organizations.
  • Social entrepreneur: Social entrepreneurs use business principles to address social and environmental problems. They can start their own businesses or work for existing businesses.
  • Educator: Educators can teach about Doughnut Economics at universities, colleges, and schools. They can also develop educational materials and resources.

These are just a few examples of the many career paths that you can pursue with a background in Doughnut Economics. The field is growing rapidly, and there is a high demand for professionals with the knowledge and skills to create a more sustainable and equitable economy.

Conclusion

Doughnut Economics is a powerful framework for understanding the challenges facing our planet and developing solutions to these challenges. By learning about Doughnut Economics, you can gain the knowledge and skills you need to make a difference in the world. You can help to create a more sustainable and equitable economy, and to build a better future for everyone.

Additional Resources

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Reading list

We've selected eight books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Doughnut Economics.
Explores the economic implications of Doughnut Economics. Jackson is an economist at the University of Surrey and a leading expert on sustainable economics.
Provides a critical review of Doughnut Economics. Foster is an economist at the University of Oregon and a leading expert on ecological economics.
Explores Doughnut Economics from a Marxist perspective. Saito is an economist at the University of Tokyo and a leading expert on Marxist economics.
Explores Doughnut Economics from a degrowth perspective. Kallis is an ecological economist at the Autonomous University of Barcelona.
Explores Doughnut Economics from a Buddhist perspective. Loy philosopher and Buddhist teacher.
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