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w20-21: Case 6 – Doughnut economics /2548

>> Download and print the worksheet.

  • Read the articles below and answer the questions on the worksheet.
  • Remember that you will be marked on participation and engagement and that this contributes to your coursework grade for the module.

** Bring your completed worksheet to the tutorial (as well as the article) **

Primary ‘reading’

Watch this -> Raworth, K (2014), Why it’s time for ‘Doughnut Economics’, TEDx Athens, Dec 16th
There is a a transcripted version here

Then read these -> Raworth, K (2017), A Doughnut for the Anthropocene: humanity’s compass in the 21st century, The Lancet Planetary Health, v1 i2 pp48-49 [important: read the supplementary appendix too]

Discussion questions

  1. What does Raworth identify as the flaws with the circular flow model that the doughnut seeks to address?
  2. Where are the social foundation components drawn from (the inner boundary of the doughnut) and how well is humanity doing on that basis?
  3. What defines the outer boundary of the doughnut and what does current performance suggest about the future of human wellbeing?
  4. What are the wider implications of ‘rewriting economics’ to reflect Raworth’s doughnut?

 Background reading

Monbiot, G (2017), Finally, a breakthrough alternative to growth economics – the doughnut, The Guardian, April 12th

Raworth, K (2012), A safe and just space for humanity: can we live within the doughnut?, Oxfam International, February

Raworth K (2017), Doughnut economics: seven ways to think like a 21st century economist, London: Penguin Random House
[see the Doughnut Economics YouTube channel as well]