At the same time, see the big picture by recognising that the economy is embedded within, and dependent upon, society and the living world. The starting point of Doughnut Economics is to change the goal from endless GDP growth to thriving in the Doughnut.
Drawing on insights from diverse schools of economic thought - including ecological, feminist, institutional, behavioural and complexity economics - it sets out seven ways to think like a 21st century economist in order to transform economies, local to global. It's not a set of policies and institutions, but rather a way of thinking to bring about the regenerative and distributive dynamics that this century calls for.
If the 21st century goal is to meet the needs of all people within the means of the living planet - in other words, get into the Doughnut - then how can humanity get there? Not with last century's economic thinking.ĭoughnut Economics proposes an economic mindset that's fit for our times.
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