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w20-21: Case 6 – Doughnut economics /2548

** Please note that this week’s sessions have been postponed to next week, due to illness. See Blackboard announcements for details **

>> 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 articles) **

Primary reading

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] <<<<<

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

Discussion questions

  1. What does Raworth identify as the flaws with the circular flow model that the doughnut seeks to address? [see TED talk]
  2. Where are the social foundation components drawn from (the inner boundary of the doughnut) and how well is humanity doing on that basis? [see data in Appendix]
  3. What defines the outer boundary of the doughnut and which areas of it are of particular concern in Raworth’s 2017 document? [see data in Appendix]
  4. Does the increasing public recognition of a climate emergency suggest there will be political engagement with addressing the outer boundary issues?

 Background reading

Criado-Perez, C (2019), Invisible Women: Exposing Data Bias in a World Designed for Men, London: Chatto and Windus [explores some common themes regarding what is and is not counted within GDP, citing Diane Coyle’s work]

* Haque, U (2019), (Why) the Green New Deal is Awesome, Urgent, and Necessary, Medium, Feb 10th

IPCC (2018), IPCC Special Report 15: Global Warming of 1.5 °C, IPCC (links to full report, policymaker summary)
IPCC (2018), IPCC Special Report 15: Global Warming of 1.5 °C – Headline statements, IPCC

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]

* Watts, J (2018), We have 12 years to limit climate change catastrophe, warns UN, The Guardian, Oct 8th

Reflective commentary question

“Around the year 2030… [w]e will be in a position where we set off an irreversible chain reaction beyond human control, that will most likely lead to the end of our civilization as we know it. That is unless in that time, permanent and unprecedented changes in all aspects of society have taken place.”
Greta Thunberg (2019)

If we have only 10 years to stop the end of civilization, what can economics do to help?