Skip to content

w20-21: Case 6 – Doughnut economics /2548

>> Download and print the worksheet.

  • Please note that before 16:40 on 11/2/19 there was an error on the worksheet posted (q4 was the wrong question) – if you have already used the prior version please amend q4.
  • 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] <<<<<

IPCC (2018), IPCC Special Report 15: Global Warming of 1.5 °C – Headline statements, IPCC

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 which areas of it are of particular concern in Raworth’s 2017 document?
  4. What significance might the most recent IPCC report have for the outer boundary of the doughnut?
    [eg see Watts (2018)]

 Background reading

* 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)

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

“It shouldn’t be radical politics to want to save the planet, the economy, democracy, and us. It should be what it is: common sense.” (Haque, 2019)

If we have less than 12 years to ‘limit climate change catastrophe’, what can economics do to help?