Doughnut Economics | Golden Age
Doughnut economics, a concept introduced by Kate Raworth in 2012, challenges traditional economic thinking by prioritizing human well-being and environmental su
Overview
Doughnut economics, a concept introduced by Kate Raworth in 2012, challenges traditional economic thinking by prioritizing human well-being and environmental sustainability. The doughnut model consists of two concentric rings: a social foundation and an ecological ceiling. The social foundation represents the minimum requirements for human well-being, such as access to food, water, and healthcare, while the ecological ceiling represents the planet's environmental limits, including climate change, biodiversity loss, and pollution. According to Raworth, the goal of doughnut economics is to ensure that everyone's basic needs are met without exceeding the planet's ecological limits. With a vibe rating of 8, doughnut economics has gained significant attention and influence, with over 10,000 downloads of the doughnut economics toolkit and adoption by cities and countries worldwide. As of 2022, the concept has been widely reported and confirmed by various sources, including The Guardian, The New York Times, and the United Nations, with a controversy spectrum of 6, reflecting ongoing debates about its implementation and effectiveness.