A healthy economy should be designed to thrive, not grow | Kate Raworth

What would a sustainable, universally beneficial economy look like? "Like a doughnut," says Oxford economist Kate Raworth. In a stellar, eye-opening talk, she explains how we can move countries out of the hole -- where people are falling short on life's essentials -- and create regenerative, distributive economies that work within the planet's ecological limits.
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[@patriotsongs]

I've always thought there was something drastically wrong with the idea that an economy must get bigger and bigger in order to be sustainable. It gives me a mental picture of a huge maw, consuming everything in its path. How wonderful to find someone who articulates so well what a sustainable, thriving economy would look like, and how wonderful to see from the comments that there are many, many out there who agree.

[@PortsladeBySea]

Bring it on! 💚

[@achenarmyst2156]

The old paradigm is staggering. The ancient economic schools are still in power. But the time is approaching at an ever increasing pace where they will be „the old form of economy“. And they may be as lucky as not to find themselves before the jury for human rights violation.

[@richmondpark8432]

I never really understood the concept of GDP ...

[@clup3136]

USA agriculture is producing 2,5x than in 1950 but using _LESS_ land (for example). Degrowth not only leads to poverty, it's also based on assumptions that are not true. We produce more exploiting LESS thanks to innovation and technology, that's the only path. If we embrace degrowth=less production. Less production=lower wages& scarcity of goods = purchasing power of citizens falls= poverty. Now look how much do poor countries contaminate, do you want that? I'm pretty sure you dont. With more poverty, people stop caring about environtment and start thinking more about their own future (food, shelter, clothes, a better jobs, children education, etc) and then the contamination cycle restarts. That's why it's better to just incentivize technology and innovation and renewable energy + nuclear energy: there's no other way to take more care of the planet

[@trajanaurelian4113]

If it doesn't grow living standards don't improve and wealth just slowly transfers to the rich increasing inequality

[@daniel51020]

"We need a dashboard of indicators" -- health, wellness, social connectedness, ecological regeneration, fluid exchanges of services and good, etc. So great to hear this. So much needed.

[@catherineslevin83]

Like workday for the World! A dashboard anyone can view and access the data 😁

[@karines1856]

Music to my ears!!!

[@trajanaurelian4113]

there is...

[@clup3136]

- Fluid exchange of goods and services _is_ the free market - GDP growth is correlated with life expectancy and lower child mortality rates - countries with higher economical freedom respect more the environment. Why? Because they are richer, and as people grow richer their preferences start being more sophisticated like taking care of your surroundings, having money to eliminate trash in a sustainable way.. etc (nordic countries, switzerland, etc)

[@gavine2363]

@@clup3136 there’s no reason for countries with higher economic freedom to respect their environment. especially when tht pleasure button to consume is so strong

[@ExplorewithNana]

I am surprised to see this video was noticed by less than half a million viewers ONLY. Such an essential topic was discussed. I am grateful to Ms. Kate Raworth for bringing it up. Japan's GDP has not been growing much for 3 decades, but it doesn't seem that Japanese are living worse now. They got used to the deflation and learnt to cope with it. This is what encouraged me to dig into exploring the "no growth economy" and I believe it will become a trend soon for majority of the world. We've got to stop producing more and more, but rather focus on solely meeting our needs and getting more inspiration and strength from our surroundings, from the nature, from chatting with friends. I would love to see such lifestyle being commonly followed. Thank you!

[@coolioso808]

Almost 650K have seen it at the time of this posting, but I hear ya. More should hear this message! Why are stupid videos online by screaming KZbinrs on video games or whatever getting millions of views and this crucial stuff hardly any? Zeitgeist films went viral years ago, and now Peter Joseph's new film, Zeitgeist: Requiem, a must-watch for any of those caring about planet and human sustainability, is coming out soon (trailer online to see), but will it go viral, too?

[@waynesloane8447]

This really is exceptionally well thought-out and delivered; and couldn't be more important.

[@BrnLng]

Agreed! I'd only take out the part on ancient symbols... Seemed unnecessary

[@mashikyukyu8519]

@@BrnLng not really, since she mentioned that all those symbols represent a sense of "balance" and the doughnut diagram she brought up shows we need that balance in real life, too. I guess she's trying to say that all these cultures express the importance of balance and we need to apply it to our society as well!

[@BrnLng]

@@mashikyukyu8519 Yeah, I see the purpose, but it seemed a bit too big... but it's nice to illustrate, yes it is! Thanks!

[@coolioso808]

If you like this you might also very much like Peter Joseph's talks, especially his one "A Viable Society" on TZMOfficialChannel and Michael Tellinger and the One Small Town organization, based on the principles of Ubuntu Contributionism - unity within community.

[@trishhansen2082]

This is genius. Thank you Kate Raworth. How might we better honour the importance of arts, creative expression and culture in our definition of human flourishing?

[@jaahmal9324]

The single most important Ted Talk ever made. Thanks Kate Raworth for rejecting status-quo and actually looking in the eyes the reality of the 21st century's main challenges !

[@sterlingbarlow]

Thank you Kate Raworth. I gave up on economics decades ago when I discovered the limits and fallacies of "eternal" growth. I gave up on finding an economist who could actually think and incorporate reality into that thought. You have just changed my mind. This TED talk is the best thing I have heard/watched in 2022. I look forward to seeing/hearing more of you. 🥰😁🤗

[@christianpor3759]

I think that the “Doughnut-Economy" concept of Kate Raworth offers a great new way of thinking. It arises from the idea that “we need economies that make us thrive whether or not they grow”. Therefore, it is necessary to overthink the importance of GDP as a welfare-indicator. Critics on the “five stages of growth” by W.W. Rostow are fundamental for rethinking economics, because Rostow’s book explains how the goal of mass consumption can be accomplished by capitalism. The biggest problem is that there is no end to this dynamic. Unfortunately, it seems like countries are nowadays politically, financially and socially dependent on never-ending growth. The big problem is that this understanding of economics threatens the environment in a very drastic way. For this reason, Kate Raworth invented the “Doughnot-Economy”, which conceptualises how economies can thrive without growth and without destroying the environment. For me, the central point of this concept, and I think also the biggest challenge of our generation is to stay within the planetary boundaries. This means that people must move between the fundament and the ceiling in all parts of life like housing, water, energy, food, education, income & work, social equity and many more. I really like Raworth's statement which says that the economists of the last century did not know the picture of planetary boundaries and for that reason their theories cannot be the right ones. We cannot answer to pollution with the “all-solving” growth because it would make the problem much worse. I also like her idea of regenerating biological materials and restoring technical materials. Technological progress and especially concentration on sustainable developments provide a great opportunity for designing a green future. Altogether, I think that the concept of Kate Raworth could really transform our way of living and save our planet. But what I am uncertain about is if we all are ready for change. During the last years, a movement within societies happened, many people are concerned about the environment and a lot is ready to change something. But I think the problem is that society’s pressure on politicians and companies is still not heavy enough. As long as the majority of people just accepts the system and the economy as it is, there won’t be change in the short term. I’m afraid that we - even though it would be the cure - will not implement the Doughnut-Economy (for now).

[@SimGunther]

That diagram was exactly what I was looking for. However, they'll never want to use that diagram for anything useful because their pride gets in the way of any rational decision making that's beneficial for humanity even at the cost of never ending growth of long term assets. The fundamental structure of retirement must change first so the govt can't just dip their fingers into it whenever there's a little bit of adversity. From that point, we can work backwards to enhance the work experience for all. The more I look at the broken global economic system, the more I realize that retirement was never sustainable and therefore would never be a part of the design; everyone would just be working until they were 90 and I'm not sure employers would stand to hire a bunch of people who should've retired in their 50s-60s when they can hire a bunch of young interns for a dime a dozen outside the country working themselves to death so they can get a penny raise every 10 years that would never guaranteed to outpace inflation while administrative bloat keep getting millions of dollars in bonuses for doing way less work than all their employees combined. This is not a bug in the system; this is how it is designed to work and I couldn't be more depressed if I tried.

[@samiranasser6713]

man, I wish I could take this comment and hand it to my economy teacher.

[@elliottpowell5130]

How many times do need you need it to drilled into your head for you to understand THE ENVIRONMENT CANNOT COEXIST WITH ECONOMIC SUCCESS AND HUMANITY that’s just reality one has to suffer for the other to succeed the utilities we use at home and need to use to work and phones and laptops all damage the environment humanity sheer existence destroys the environment

[@SerenityPilled]

Well said!

[@Cyhwang1206]

I would like to major in economics, especially in environmental economics, which deals with climate change and the distribution of limited resources. This TED talk suggests a sustainable economic boundary, in which everyone can thrive.

[@jcleary1945]

Your mission is what the world needs. Good luck and never give up.

[@andrewsimpson4009]

What is ‘Socio-Environomics”?

[@Cyhwang1206]

@@jcleary1945 Thank you!!! :) I'm finally going to the university to major economics.

[@peolt]

@@andrewsimpson4009 Judging from how it sounds, it's a fusion of environmental economics and socioeconomics. Environmental economics is a specialization of traditional economics (neoclassical economics) which studies economics relating to the problems of environmental issues. Socioeconomics is a fusion of sociology and economics studying economics in relation to sociology.

[@antonioiniguez1615]

"Environmental economics" sounds incredibly useless

[@woofer2121]

You can see all the rich people being uncomfortable in the crowd.

[@yellowbird5411]

This concept doesn't eliminate rich people. But it does eliminate the elite rich that are cancers to our planet. The strip mining, oil-well digging, diamond mining, fracking, ocean stripping, forest cutting companies that give money to politicians so they can continue to destroy the planet for their own gain. And in the process, they need over-consumption to keep them growing, so they can show their shareholders the money they will get back from our gluttony for products.

[@reasonerenlightened2456]

​@@yellowbird5411 The idea for Sustainability violates the very basic principles and the side effects of Capitalism. 1) Maximum possible price for the worst possible quality 2) Capitalism creates empty houses (i.e. Capital) and homeless people ( Extreme poverty). 3) Profit is King ! 'Profit' and 'sustainable economy' are incompatible. Nature has created somewhat sustainable eco-system which generate surplus (i.e. Profit) , which, in turn, results in re-adjustment of the ecosystem to absorb/eliminate the surplus (i.e. Profit) . HOWEVER, in contrast to the man-made economic rules/laws, the nature has no laws which to protect ownership of Wealth or the ownership of the surplus. In conclusion, The subject of this video is a pipe-dream unless it seriously addresses the issue of designing a system of political-economy which allows sustainability as a side effect.

[@richmondpark8432]

What specific observation lead you to assume who the rich people in this particular crowd are?

[@jlc5105]

This is not a talk about division, but rather collection.

[@mathsisdeadtomenow]

@@jlc5105 exactly.

[@MovieRiotHD]

As a Dutchman: Let's all start cycling!

[@ricecake1228]

I seriously want all those beautiful cycling routes there.

[@Bruh-jr2ep]

As a Finnishman I second that!

[@BrnLng]

Cycling Dutchman! A model for humanity! Specially if you picture like out of Sponge Bob.

[@mandarkokate5613]

You know cycles are not good for economy 😅 sarcastic though.

[@richmondpark8432]

On your fiets!

[@EnnDeeKay]

Fantastically framed, articulated and presented. Thank you!

[@ThorgeirSkulason]

Fantastic talk! Well spoken, passionate presentation and easy to listen to. 10/10 !

[@LoveAndPeaceOccurs]

Thank You Kate Raworth for this important talk. You are spot on about how conditioned many of us have become to place the focus on continued growth and how that has and is effecting us ... it even is one component of why poor people have such a hard time ... so many products are built to only last a brief time so they can be made and sold again ... and those made the cheapest are the ones the poor end up buying so over and over poor people have to buy clothing and shoes and toasters .... and light bulbs ... so the economy can grow. Love & Peace to All

[@dhanashrigaidhani8145]

It was the finest and most influential speech of my life. You have an extraordinary way to explain things along with you pleasent personality! You gave me a whole new prospective towards growth and economy. Your words made me think deeply about the present condition of earth. Thankyou so much maam🌻.

[@coolioso808]

You'd probably enjoy Peter Joseph's talks and films as well. "A Viable Society" is really good and his film, InterReflections has some great parts based off his book "The New Human Rights Movement", now in 2024 we can see Zeitgeist: Requiem, very soon.

[@futurecaredesign]

Amsterdam is going to use this model to manage their local economy and societal goals.

[@user-vt2dw1if1v]

Really

[@brunsomarrr]

I've watched a fair share of TED talks, and seen many other people speak on the re-thinking that needs to happen... this is an outstanding delivery. I'm even happy to give a pass on the buzzword salad at 12:22, no doubt these terms were being thrown about everywhere at TED in 2015, and she needs to get people's attention.

[@MrJohnd1951]

This is an exhilarating talk almost poetry; 'so often thought of but never so well expressed'! Congratulations for such a brilliant speech.

[@abhifootball2671]

Who is here after Dutch brought up similar plan during Covid ?

[@user-zc2rq8gh5c]

It is a very inspirational and controversial model. In this idea I am convinced of the future.

[@loveisakaleidoscope]

This was a very inspiring, thought-provoking and visionary talk! It highlights our unlimited potential as humans and citizens of the earth.

[@MichaelBerthelsen]

I have always thought that growth as a goal was asinine, since you'd be constantly striving, rather than be satisfied with and enjoy how well we are at the current point in time. We're no longer dependent solely on manufacturing and farming, but heavily on services, and you don't need growth, you need to sustain and improve what you already have.

[@Hakasedess]

The problem is that capitalism can not survive without growth. Capitalism, as an economic system, is a system requiring endless growth on a planet with a hard limit on resources, it simply can not ever be sustainable.

[@MichaelBerthelsen]

Hakasedess Unbridled capitalism, yes. But having a market system is good for consumers, as long as it's regulated.

[@departmentofanalytics1116]

Do you even know what this hard limit is? Do you even know how much energy falls from the sun every second? And when the system actually reaches the "hard limit" of earth, it will expend all efforts into growth beyond the stars. It may not succeed but a system without growth would not either, because then basic statistics indicate that eventually something that doesn't grow get destroyed. Let us imagine a building. Given enough time, despite frequent maintenance, the building will collapse, and lots of chaos ensure. But what if we expand the building every once in a while, faster than probability can reach? Hmm...

[@Hakasedess]

It has nothing to do with 'how raw' the capitalism is. Capitalism can never escape the need for growth, it's the only way it's able to survive as a system. And capitalism is so much more than just markets, it permeates our entire society. Besides, markets aren't all they're cracked up to be. Sure you can choose, but you have no say in what you can choose between, nor does everyone have the money to make a free choice. The issues are many, and critiques can be leveled at anything from working conditions to wealth concentration, to the political system's mechanisms.

[@Hakasedess]

Not needing growth doesn't mean actively doing everything in society's power to prevent growth. Growth isn't 'bad'. The lack of growth immediately destroying the entire economy is arguably pretty bad.

[@geistreiches]

growth will happen but not in material products, it will happen spiritually, books, art, information and insights.. it's already happening, people are scaling back on material things.. In knowledge growth can be infinite and without big impacts on the environment

[@LeonGalindoStenutz]

"Growth" may not be the right word.

[@tilarmeister]

The best presentation I've seen. Articulated the key ideas perfectly. Made me pause a think. Enjoyed it thoroughly.

[@ariannapalmieri1104]

This is definitely one of the best talks that I have ever heard!!!

[@bookmatty]

This is incredible and really painted the picture for what we need to be prepared to change in order to save our future!

[@mounishasrithas2930]

Thank you Kate for this Ted Talk. My perception in development has changed through this video. We reach for growth yet we forget to thrive. Let's make 21st century more distributive for a great, thriving future . Thank you.

[@SusanShann]

Just brilliant! This should be required viewing for every young adult in industrialized nations whose economies are measured in deceptive and damaging constructs of endless growth (benefiting the few), so that they might be energized and inspired to play their part in the co-creation of economies measured by the TRUE wealth of safe, thriving, balanced, just and inclusive communities for the benefit of all.

[@silvandarart]

Fantastic presentation. This is the future we need, and the mindset to achieve it 👏👏

[@catherineslevin83]

This needs to be shown in every school and every child must watch until they truly understand how important this is!! Go girl. We’re right behind you! This is the truth, hallefuckingluja 👍🏼👍🏼

[@andresgalia4365]

I could not agree more with what Kate Raworth says. A few years ago I started to realize that we live in a system in which the good of the Economy is the first priority instead of the needs of mankind. In the name of the good of the Economy we keep wasting our resources by producng goods that are not essential to our subsistence so we can buy them with money that we do not have. To buy these goods we ask for credits that we end up paying at rates that are usurious. So who benefits with the status quo? Who ends up benefiting from this state of affairs? The owners of the means of production and the financial capital.

[@linogomic4981]

Professor Ray Vander Zaag brought this video today September 21, 2022, in our class of Analysis of Development Aid Policy and Practice class at Menno Simons College/ The University of Winnipeg. Quite fascinating indeed...

[@nataliaaranguiz]

I'm re-learning economic with her book "Doughnut economic" and I've realised the importance and responsibility we have to fix this world.

[@danielgreinke3571]

>Watching in 2020 >"Bicycles and sewing machines -- this was the 1960s remember" >Looks at new sewing machine and mask making materials

[@richardvitty1745]

Came here after reading Kate's book, doughnut economics... it's a great read. Learn from the past, evaluate present performance and plan appropriately for the future.

[@Cmunene]

Amazing view kate, the permaculture movement has the same tenets and its the only way to habitate the planet. Well done on giving an economic blueprint. Am from a 3rd world country and even with effects of colonization, climate change and cancerous corruption, i dont think we need growth desparately. Alot can be done with localized solutions driven by circular systems technology.

[@davedrewett2196]

betty davis you need a mirror. Chris probably has nuts and I’m sure they are full of healthy fats and are regenerative unlike your abusive thought processes.

[@englishbest]

Everyone of us should listen to this presentation several times a week.

[@MarkDeutsch]

Well said @kateraworth. Very inspired way to explain how a truly healthy economy can thrive. Thanks and keep up the great work.

[@mathsinger]

Growth is a imperative for individuals. Without it life would die out. In nature, various forces limit it, often painfully for the individual. The same will be true for us - if we don't learn to live sustainably.

[@sunshine5777]

I see it as we are no different than cells or bacteria in a Petri dish with finite resources. An infinite theory of growth is not only plainly incorrect, it is also not sustainable.

[@AreebIrshadSimplifies]

One of the best 'Well-delivered' TED talks.

[@jovitatam4134]

Thank you for articulating this important message so succinctly and clearly.

[@nollhypotes]

OMG, that is NOT a doughnut! It's a- 7:40

[@mathsisdeadtomenow]

leave

[@nollhypotes]

@@mathsisdeadtomenow I left 6 months ago, but you brought me back lol. Thanks for reminding me about this comment though, I thought it was pretty funny at least.

[@blahdelablah]

Excellent talk. I like the idea of aiming for the sweet spot in-line with nature, and agree that the limitations we place on ourselves to become responsible with the planet's resources can promote creativity.

[@Si-px9fv]

Kate keep it coming, Such insight. The best economist out there bar Richard Wolff

[@gabrielaramirez677]

This is amazing. It doesn´t matter when you see this, she is right.

[@WestOfEarth]

We could start by curtailing and eventually eliminating compounding interest. The maths of compounding interest plainly shows that it is impossible to sustain.

[@geoffgjof]

Can you explain more of what you mean? Compounding interest as far as how the mathematics works, is found in nature (ie when one side of a plant gets a higher percentage of sunshine, that part of the plant grows larger at a faster rate than the part of the plant that gets less light). The concept of compounding interest is the same as a ruler; it describes what's happening in life. I'm curious how you'd try to get rid of an aspect of how reality works.

[@WestOfEarth]

@@geoffgjof lol

This needs to be embraced by all. The idea also that wealth is correlated with happiness needs to be addressed. Education systems can rectify this pretty simply.

[@raykowalchuk3812]

14:05 "If I told you my friend went to the doctor who told her she had 'a growth' -- that feels very different. Because we intuitively understand that when something tries to grow forever within a healthy, living, thriving system, it's a threat to the health of the whole. So why would we imagine that our economies would be the one system that could buck this trend and succeed by growing forever?"

[@brianmoran502]

Very impressive and well delivered argument for a change in our economic view of the world. Highlights the gravity of the current situation, but offers ideas for potential solutions. Thank you Kate.

[@titankore7042]

This is exactly what my company is striving to do with our corporate structure, perhaps in a few years I'll be giving a Ted Talk

[@fannysnaithcoach]

I love this. Going to a talk tonight to introduce this to a new audience so thought I had better gen up. Excellent Ted - love this message. Will explore further.

[@dallenpowell2745]

This is maybe the most important Ted Talk of decade. Donut economics is the way to go.

[@WINZ0W]

Perpetual and infinite growth is an insane economic policy.

[@clup3136]

USA agriculture is producing 2,5x than in 1950 but using _LESS_ land (for example). Degrowth not only leads to poverty, it's also based on assumptions that are not true. We produce more exploiting LESS thanks to innovation and technology, that's the only path. If we embrace degrowth=less production. Less production=less wages& scarcity of goods = purchasing power of citizens falls= poverty. Now look how much do poor countries contaminate, do you want that? I'm pretty sure you dont. With more poverty, people stop caring about environtment and start thinking more about their own future (food, shelter, clothes, a better jobs, children education, etc) and then the contamination cycle restarts. That's why it's better to just incentivize technology and innovation and renewable energy + nuclear energy: there's no other way to take more care of the planet

[@WINZ0W]

@@clup3136 Infinite growth is an insane model for our society. It is literally a symptom of cancer.

[@lollihonk]

One of the best talks that i have heard ever

[@Fournier46]

What an excellent, motivational, and easy-to-listen-to way of delivering critical information. Cheers *toasts glass*

[@codacreator6162]

Coupled with Simon Sinek's ideas about the Infinite Game, this perfectly illustrates why we need to forget about servitude to shareholders and get back to serving the stakeholders, the people doing the work.

[@2smoulder]

A nice collection of a whole bunch of economic and strategic management thinking wrapped up in a causal loop analysis of the possibilities for future change, so nothing new, but perhaps we need a different view and Kate gives us that.

[@Eve.n.t_horizon]

BLESS THIs TALK jesus christ shes so right, i hope to live to see that day

[@JubileeCreatesSomethingAmazing]

This is what I am actively working on creating and everyone is welcome to join. We need solutions from everywhere and we need to own our own data/tech. We can create systems and services together that no small group can.

[@posalguien1941]

Hi teacher, thanks for helping me with this video!!

[@king3636berlin]

The biggest challenge in this century is that the most developed economies must get sustainable and back in the healthy ring of the donut and at the same time allow developing countries to grow without going over natural limits. One important indicator is the world overshoot day.

[@sustaingainz7856]

Airplane metaphor is a perfect way to explain this to a mass audience

[@fb150185]

I found this really interesting, thank you!

[@Semmster]

Common sense should tell anyone that infinite growth is not even imaginable, not to mention sustainable.

[@brassmarsh]

Can anyone answer how to promote competition if growth is no longer the goal? Can a business in a free market be motivated to improve its services with an alternative to monetary rewards?

[@yuske05]

there's growth in your abilities and in the people you're servicing. competition will go with the struggle of being the champion of your business, or the most popular. popularity heightens many other life qualities. in a world ideal to Kate's donut, people would be very motivated about gaining these qualities. i see this behavior already on social media platforms.

[@silvandarart]

Competition and market factors are part of the problem, and are intrinsic tools of capitalism. When you remove the concept of eternal growth, you also reduce the need for competition. Imagine an artisan who makes enough to live on comfortably: they only feel pressure to do more when they consider growth. Also we need to reimagine "value", and see value in healthy ecosystems and people.

[@shambhvilokre]

Almost every line from this talk is soo quotable

[@Artnotforthesakeofart]

IKR!

[@t0t3m68]

Awesome speech/talk, so very true.

[@aggropimp]

What a smart human being. Incredible words, incredible thinking...so needed these times, and so resisted by those who thrive on the expense of the planet and the people. Thank you for sharing.

[@blumensalmen1399]

She is simply amazing! Very important contribution to the countless growth-dependent economic models out there.

[@Jonny11299]

The doughnut economy also reminds me of the Goldilocks Zone, an astrophysical concept that describes the distance a planet may be from its star to support liquid water. Too close, it melts. Too far, it freezes.

[@lilianreginabarbosapereira5913]

At first, we need different mind set to support different economy model, most part of the society must to learn the what the collaborative means and can be good for all...Love your explanation! Thinking on what else can I do to chance the world!

[@longstoryshort8657]

best talk ever 🌟😭

[@brendarua01]

This is a lovely exposition on where the current growth model of capitalism has taken us, and what the future holds. And comments knee jerking in defense of the current system miss the point. No surprise at all. Raworth made the history of how we got here, just where "here" is, and where we are going unless we change as simple as possible. The doughnut model is brilliant. But some people will not see things in the light of day. They prefer to kick the table and shout meaningless platitudes in fear of change. Too bad for them. And too bad for us, who they will take down.

[@clup3136]

USA agriculture is producing 2,5x than in 1950 but using _LESS_ land (for example). Degrowth not only leads to poverty, it's also based on assumptions that are not true. We produce more exploiting LESS thanks to innovation and technology, that's the only path. If we embrace degrowth=less production. Less production=less wages& scarcity of goods = purchasing power of citizens falls= poverty. Now look how much do poor countries contaminate, do you want that? I'm pretty sure you dont. With more poverty, people stop caring about environtment and start thinking more about their own future (food, shelter, clothes, a better jobs, children education, etc) and then the contamination cycle restarts. That's why it's better to just incentivize technology and innovation and renewable energy + nuclear energy: there's no other way to take more care of the planet

[@zackatak]

"When something tries to grow forever, within a healthy living thriving system, it's a threat to the health of the whole."

[@saiakhil1997]

Great video. Was looking for a sustainable economic model like the one shown here

[@PranavKadamares]

Thanos : Say no more

[@mathsisdeadtomenow]

thanos was a dummy, all he had to do was understand that unlimited growth is not the inevitable, and that balance needs to be achieved by limiting it not in response to it being on-going that'll never work. Guy should have spent all that time he spent on collecting the stones on taking an economics class.

[@DudleyaSetchellii]

My dog takes all of her toys and places them in the center of the home where all the action is. That way she can keep watch over everything that is important.

[@manolin.6597]

Absolutely brilliant. I think this is the first time I hear about a theory that gives me hope for our future. This is so well thought out. Thank you for your work Madam.

[@raffaellalisoni8515]

Absolutely amazing!!!

[@samirmohapatra8582]

What a powerful impulse for change !!! We need this now more than ever

[@dunningkruger9122]

What economic system assumes the possibility of unlimited growth? The law of supply and demand is based on limited resources and hence accepts limited growth.

[@soknya]

but nobody knows where the limit is..so it called unlimited, because we don't know the limit until it's too late.

[@andreasvukman]

With "demand" you mean artificial demand, don't you?

[@enidadiegwu4403]

Well articulated presentation.

[@anmolagrawal5358]

15:15 That's actually very true. We tend to think of constraints as limiting which may be true as well but also, a lot of the times, they liberate us towards a set path because the number of combinations are less and force that something within us to get to work

[@raykowalchuk3812]

03:37 The author of "The Stages of Economic Growth: A Non-Communist Manifesto" W.W. Rostow "wrote, 'And then, the question beyond, where history only offers us fragments. What to do when the increase in real income itself loses its charm?' He asked that question but he never answered it..."

[@Yodadrinkzoda1]

Some people are just never satisfied.

[@Yodadrinkzoda1]

I like those type of people.

[@MrTheatrick]

I don't believe it's about satisfaction it's about the survival of humanity we keep trying to expand the "green circle" never stopping to think that it might just be better to focus on expanding it inward instead

[@MrTheatrick]

Growth does not allways give the return of prosperity that it so often proclaims it will

[@Yodadrinkzoda1]

Random Stuffs so........ in your mind “just never satisfied” made you think of rapist and molesters? I was talking about the economy growth, she was talking about the gdp, I don’t know what you were thinking about. If global gdp were to be 2% forever that would be nice and Besides, I was being sarcastic as you may have not notice in my second comment.

[@Yodadrinkzoda1]

Frederik Kofoed that’s fair, check out my liked video about shared economy

[@D0li0]

Wonderful lense on our world, lets get to work!

[@kithoy99]

One of the most straight in the face TED talks.

[@cocodrilititita]

THIS VIDEO DOESN'T HAVE ENOUGH VIEWS!!!!!!! P.S. Loved the reference to the gender gap in Science, she really took her opportunity.

[@niconico4114]

"And it's a BIG BUTT" - 7:40

[@niconico4114]

kzbin.info/www/bejne/fJK5d6iObd9lbMU

[@zephir8804]

probably the best speech i have ever heard. both in regards of content and references. why havent i watched this earlier?

[@TrevKen]

Excellent video. The view numbers need to be in the billions.

[@jungleflame6776]

Why the dislikes? People are here to show their ideas and it's our choice to listen and interpret and learn, there is really no need to dislike.

[@MadaraUchiha-sp3jh]

What if their ideas are wrong?

[@erricomalatesta2557]

Jungle Flame I didn't dislike it, but personally I'm skeptical that "sustainability goals" are enough to fix all our problems. Mostly it's because it's an overly general statement. A tobacco company may have "sustainable" practices, but the product itself is unsustainable. The marketplace is never truly free, and lobbying and misrepresenting data can make even the most aggravated offender seem green as grass. I like the general idea but she's not advocating anything that worker uprisings and scientists all over the world haven't championed before.

[@MsIrrealis]

by that stupid logic, there is also no need to upvote...

[@holyhelo5speak]

We shouldn't strive to gain more and more likes. we need to "thrive" and redistribute our likes and dislikes among all videos equally!

[@ashknoecklein]

Lol at economics being a science. Social sciences aren't as rigorous or impartial as STEM. Don't act like she's flouting the ideal gas law.

[@alexcastro4950]

Existem várias alternativas ao mundo pós-emprego e pós-capitalismo. Algumas ótimas iniciativas e projetos são: Fluxonomia, da Lala Deheinzelin Próspera, iniciada pelo Oswaldo Oliveira Projeto Vênus, do Jacques Fresco Segue uma playlist que fiz sobre economia criativa, colaborativa, compartilhada e multimoedas abaixo (e que tem também vários outros teóricos, iniciativas e projetos já em andamento, além dos acima citados): kzbin.info/www/bejne/fqCkmmygn9Jnadk

[@mentormags]

Superb articulation and deeply insightful. Awesome, very well delivered.

[@enriquesalegumba2724]

Very well explained!

[@vorlonagent]

Designing an economy has never been shown to work because people are simply not wise enough to run an economy without distorting self-interest. Forget that "communism" is a trigger word and just look at its economic performance because one has to create a command economy to truly create the sort of economy Raworth envisions. Change can come from the ground up but fails miserably if imposed from the top down. It's here that the example of communism and the Soviet Union's 5-year plans is useful. Or if you prefer, Venezuela from Hugo Chavez into today. Command economies, planned economies, fail and fail badly. We get the best results from letting people do what they want within regulatory boundaries that are as loose as is practical but no looser. If the people want this "doughnut" economy, it will happen without anybody in government lifting a finger or writing a subsidy check. If they don't, government's money and attention will only bring greater waste than would otherwise occur. RE Solyndra for one item on the ash-heap of history.

[@harryvaughan6105]

John Trauger this ^^

[@paulc1527]

I've read her book on this, and she doesn't exactly call for a command economy. She wants to change the economic models and change the incentives in the economy to help achieve the goals of that model.

[@braydenison]

Ok, I can get behind that. Who gets to have control of the incentives though?

[@frostscience5470]

As if self interest distortions are not present in our current system...

[@en2336]

And thus we already have the prevalence of the " depressed entitled millennial" who realizes the bleakness of the current system but has no means to stop it. If you don't play the game the game plays you.

[@liamwinter4512]

What would technological advancements look like under this closed self sustaining loop? Would space programs cease to exist? How about the entire transportation industry? Would we have choice, or be allowed to choose something from a preperscribed list made by the rulers?

[@tedtansley1523]

Liam Winter how wouldn't we have ability to choose? We'll always be seeing technological advances .

[@Lerppunen]

Ted Tansley Don’t take technological advancements for granted. Most progress has been made in relatively few free market economies while the rest of the world has copied those advancements.

[@tedtansley1523]

yes, of course. This doughnut idea isn't so much a restriction on the market. more of a realization that we cannot endlessly gain more from our resources without depleting them. It won't be preventing us from making technological advancements either. It is only a suggestion for a new way to measure the economy.

[@Oscararon]

Liam Winter For a start, we’d be alive.

[@liamwinter4512]

I love the star trek like future shes describing but youll have to agree a vast amount of innovation is made for financial gain

[@bilalmohammed1233]

Apply lean manufacturing to the economy as well

[@DICE-Misterios]

✨ _"Las personas más ingeniosas del mundo convierten los límites en la fuente de su creatividad"_ ♡ *Kate Raworth* 💗 🌺 She is just like... *Eleanor Roosevelt* !!! 🍀

[@Darkotaku85]

This is basically a resource based economy.

[@d.Cog420]

it has to be now doesn't it?