Donut: Amsterdam launches the economic model that can change the world

Donut: Amsterdam launches the economic model that can change the world

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In Amsterdam he began a change guideline based on the model proposed by the British economist Kate Raworth, (Donut economic model) shows us an economic model where it is proposed to leave the crazy idea of ​​excessive industrial growth, identifying the activities / industries that pollute the most and Replace them with those that have proven to be more environmentally efficient, it is called the Donut model because at the center of the Donut are the needs of the human being and in the body of the donut are the activities that should not go beyond those limits (comfort zone ) to at once grow economically without continuing with the massive destruction of the living conditions of our planet.

What would a sustainable and universal benefit economy look like? "Like a donut," says Oxford economist Kate Raworth. In an eye-opening and stellar talk, he explains how we can lift countries out of the hole, where people are falling short on the essentials for life, and create regenerative and distributive economies that function within the ecological limits of the planet.

The challenge of humanity in the 21st century is to meet the needs of everyone within the means of the planet. In other words, to ensure that no one falls short on the essentials of life (from food and shelter to healthcare and political voice), while also ensuring that collectively we do not put pressure on the life support systems of the community. Land, on which we fundamentally depend, for example, stable climate, fertile soils and a protective ozone layer. The donut of planetary and social boundaries is a serious and fun approach to framing that challenge, and it acts as a compass for human progress in this century.

Economic Model of Social and Planetary Limits (2017)

The environmental ceiling consists of nine planetary boundaries, as established by Rockstrom et al, beyond which are unacceptable environmental degradation and potential tipping points in terrestrial systems.

The twelve dimensions of the social base are derived from internationally agreed minimum social standards, identified by the world's governments in the 2015 Sustainable Development Goals. Between the social and planetary limits is an environmentally safe and socially just space in which the humanity can prosper.

Since Oxfam published the first version of Donut as a discussion paper in 2012, it has had traction in a wide variety of places, from the United Nations General Assembly and the Global Green Growth Forum to Occupy London.

Why so much interest? I think it is because the donut is based on the powerful framework of planetary boundaries, but adds the demands of social justice to it, and therefore brings together social and environmental concerns into one picture and focus. It also establishes a vision for an equitable and sustainable future, but is silent on the possible paths to get there, so the donation acts as a convening space to discuss alternative paths to follow.

Video: Freakonomics Radio - Is Economic Growth the Wrong Goal? (February 2023).