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Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
- Narrated by: Kate Raworth
- Length: 10 hrs and 49 mins
- Categories: Politics & Social Sciences, Politics & Government
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Who's this for?
- By Amazon Customer on 2021-02-21
Publisher's Summary
Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times.
Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That's why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design.
Named after the now-iconic "doughnut" image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like.
Raworth handpicks the best emergent ideas - from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science - to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow?
Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.
What listeners say about Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist
Reviews - Please select the tabs below to change the source of reviews.
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- Eric L, Montreal
- 2021-02-11
Excellent book for people who care about how economics, social justice and environmental sustainability are related
As someone with a PhD in economics who never felt comfortable with the fundamental assumptions of the field, and who cares about social justice and the environment, I found this book illuminating and inspiring. Kate Raworth gives what seems to me a good account of where standard economic theory went wrong and how problematic its policy prescriptions are, given the combination of growing economic inequality and environmental degradation we see all around us. She is a gifted teacher, providing many telling illustrations, such as the “cuckoo bird of GDP growth”, and also many interesting examples. She reads the book herself and does so in a very engaging way that makes you wish you had her as a teacher.
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- Steph Ohle
- 2020-11-29
A history lesson on how we ended up here
This book was a great read for those seeking a better way forward. An economic engine to back the better way. However, most of the book was a (albeit fascinating) history lesson on how we got to where we are now with GDP as our main mechanism among other beliefs in the economics community. The very end of the book spends only a few minutes explaining the doughnut theory. I wish she had spent more time there. Next book?
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- Utilisateur anonyme
- 2020-10-26
The economics book everyone needs to read
This book provides an overview of what’s wrong with the current mainstream economic system and what the solutions could look like (including many real world examples). And it does all this while remaining interesting and relatable. No background of economic study necessary.
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- Jason L
- 2020-09-30
different way to view the world
This book made me think of our world in a totally different way. Much to think about regarding the plane landing.
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- Bluetagz1914
- 2020-03-25
good ideas
the message was ok, but it was too academic. some interesting thoughts but still far from reality.
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- Utilisateur anonyme
- 2019-04-09
exactly what you need to hear
loved it! I'm greatful for economists like Kate who are being the real superheroes of our planet.
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- Patrick G
- 2018-04-05
Thought Provoking
Very thought provoking with her unique approach to modern day economics. Some areas seem a bit idealistic, but interesting nonetheless. Definitely recommend this read!
4 people found this helpful
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- B. Landis
- 2018-02-28
Finally, some sanity
I've never been able to stomach reading economics, because it seemed insane to me. Everything I'd seen required me to pretend that the Earth was limitless. I'm refreshed to find an economic text that addresses this issue, as well as human flourishing, in it's pages.
3 people found this helpful
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- Shawn Oueinsteen
- 2019-02-14
How to Change Economics to Fix the Woy
Raworth argues that classical economics is wrong and if it were done correctly, we could fix many of the world's problems. She is very persuasive, but it seems she is fighting an uphill battle. She reads her book like an audio artist, and she has a great accent.
2 people found this helpful
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- PimpMacDaddyBoy
- 2019-01-30
Worth Listening to if You Are Interested in Economics, Social Welfare, Development, or Environmental Policy
I felt like the book started out a bit slow, but it was definitely interesting once it started flowing.
At times, it seemed like there was a lot of information being relayed without anything really being said. However, overall there were plenty of important points being made.
The data, studies, and views mentioned are great for challenging what has become accepted as “the way things are done,” and more work like this will be crucial to balancing the world in the coming decades.
2 people found this helpful
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- Liz Lem
- 2018-08-20
Healthy doughnut encounter!
When I recommend it to my friends the basic response is “ You had me at doughnuts but you lost me at economics.” The doughnut, even though it’s got a tasty name, is too complex for most people. I understand much of what she’s talking about because I spent my career in asset management. We need more people to understand economics and many more to understand it from a doughnut perspective. I wish she gave more examples of how to not just think but to act like a 21st Century economist. I would recommend this book to anyone who knows a little about economics, who is a progressive citizen and who wants humanity to live on a hospitable planet for centuries to come.
2 people found this helpful
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- Kit. Webster
- 2018-07-17
Read this flawed book
Read the book to be challenged and to be exposed to creative thinking.
However, you are going to have to navigate falsehoods, straw men and IMHO fundamental misunderstandings along the way.
If you can ignore some basic flaws and contemplate the higher-level points, you will be challenged.
And that is a good thing.
4 people found this helpful
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- Jean-Paul Montreuil
- 2020-01-10
This is what I've been trying to say
I've had a few conversations with my friends about how our current economy has very little to do with reality. This book does much better than I ever could in making this argument. Raworth covers all of the relevant fields, providing starting points, goals, and questions that need to be answered to get humanity on track to live for another 50,000 years.
1 person found this helpful
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- Emilie Mesnier
- 2019-06-16
Finally a book focused on a global solution
I have been worried about climate change, wealth inequalities (and the gap growing), rich countries exploiting poor ones, animal welfare, and the race to bigger companies, bigger economies, bigger profits (at all costs). it's been hard to engage in meaningful discussions with friends and acquaintances because I always felt I didn't have enough data on hand, and not a lot to propose as a potential solution. this book is the answer to all my wishes. so grateful someone spent their life studying these important issues, and took the time & effort to summarize it in a book. wow.
1 person found this helpful
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- say_hi_to_zippy
- 2019-01-27
Visionary approach to economics
Our current mainstream economics is fundamentally flawed and it has caused unbelievable damage. We need this new approach to economics.
1 person found this helpful
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- Sustainability Man
- 2021-03-14
A fresh new approach to make economics sustainable
A wonderful book, inspiring the mind with its creative, highly visual takes on how we can build an economics that actually serves us rather than destroying the world we depend on to survive.
Could become a landmark in moving us beyond the tired and tedious debates over 19th century doctrines that paralyze both our economics and our politics today. She makes it all clear and refreshing by breaking her concepts down to simple illustrations depicting them.
And I liked her narration too - a proper British accent makes everything sound better...