Kate Raworth l How radical ideas can turn into transformative practice l Stockholm Impact/Week 2023

Doughnut economics: How radical ideas can turn into transformative practice by Kate Raworth, Author and Co-Founder of Doughnut Economics Action Lab. Recorded live during Stockholm Impact/Week 2023.
Stockholm Impact Week is an annual Summit hosted by Norrsken and the City of Stockholm, dedicated to defining the critical issues of our time and enabling solutions to them.
Read more about Norrsken Foundation: norrsken.org
Read more about Stockholm Impact/Week 2023: impactweek.se

[@richardbergson1047]

I love Kate's confidence and conviction that lends such power to these ideas but I love these ideas even more. I love the acceptance that this is how the world is and the boldness of the question - "Well, what are we going to do about it?" The very best part, though, is that she has a solution, or at least a way through that has a more than decent chance to work. Not an authoritarian directive to bludgeon every company to conform but an appeal to the humanity in all of us to use our power for the benefit of all of us and the planet. As she said, it is that simple - and not so simple....

[@MendeMaria-ej8bf]

We need to have and defend radical ideas to solve our problems. Thank to all experts for their courageous presentations.

[@frankwhite1816]

Excellent! Kate is so brilliant. Love her and her work. Kate's work will be requisite in Phase One: TRIAGE, which is actually, well already begun. As The Global Collapse becomes imminent and undebatable we'll have to adopt the Doughnut Economics system. It won't solve the Metacrisis but it should buy us some time to work out the necessary mechanics of Phase Two: TRANSITION. That is, of course, if we survive TRIAGE, which there is strong evidence that we may not. Stay focused! Fight the good fight! Get the word out! Plant a tree! Love somebody! Write your leaders! You know the drill.

[@poetrypassionpleasure]

You say it so well…

[@frankwhite1816]

Thank you! :-) @@poetrypassionpleasure

[@MendeMaria-ej8bf]

Great presentation. Hopefully is it going to ignite many company leaders!

[@poetrypassionpleasure]

Made my whole day, week, year… A kind of poetry.

[@GlobeHackers]

I am thrilled-pleased to have happy tears-that your speakers have taken the gloves off and decided to speak truthfully regardless of the consequences and the pain it may cause some listeners. Movements like these will not be popular until they are. We must sacrifice in millions of positive ways to break the spell of neoliberal global capital and our perverse and destructive concept of growth. If we must rebuild culture within our current pathological system, so be it. And let's not forget the tens of millions of humble people that will make this transformation happen. It's not the Stars, credentialed influencers, or the gurus and yoginis that will make this happen; it will be the ordinary people with a dream willing to sacrifice everything for a healthier culture.

[@the1nigel]

As ever - so clear and wise - makes total sense - thanks Kate

[@villhelm]

And yet zero solutions. Just feeling based rhetoric. The issue is fractional reserve banking. That’s the cause of the need for growth. She just talks about symptoms, but never touches on the cause. Really useless talk.

[@dianaknobelturner8750]

Break the Rules Kate!! Thank you for hanging in this long journey...keep on going! Amplification is coming! Trust and believe.

[@yx7475]

Thank you Kate and Michael.

[@goodnatureart]

Way to go Kate!

[@datamongerbonny]

I guess it was about 7 years or so when I decided to go for a run by the sea listening to London School of Economics podcast. Lucky for me Kate was talking and my world perspective immediately changed. Over the years I discovered Nate, Daniel, Tristan and many others. Now when I see them all on the same stages I know we are on to something...

[@SpiritualAtheist]

We need a wealth CAP.

[@frankwhite1816]

Isn't it strange that we a minimum wage but no maximum wage? I also thought that little fact spoke volumes regarding our values as a society.

[@DorothyJaneDankel]

Right on, Kate Raworth! This is the real deal

[@packardsonic]

Only a couple of our needs are physical, we also need identity, affection, creativity, participation, leisure, freedom and understanding.

[@robertcox14]

Is that a blue lit torture chamber? Excellent presentation, but the venue doing what, exactly?

[@nickied7816]

our history shows that we don't make changes until it gets really bad, not when we are told it is going to get bad

[@derekmiller8564]

REFOREST EARTH 🌎

[@esmith6738]

The “inner work” companies must do for a regenerative future is still “outer work” for individual human beings. Such inner work must occur on an individual level on a global scale or our well-designed regenerative companies and communities will fail because they are incongruent with the inner life, motivations, sensibilities, aspirations of individuals. The radical transformation of our outer world must be matched by an equally radical transformation of our personal inner world or the mismatch ensures failure. Every other effort to create a regenerative future is just a work-around that avoids this most radical of problems. Until we solve this problem we will simply put a new face on our old world and its habits and congratulate ourselves for our innovation. When you put new wine into old wine skins you ruin the wine and get only sour vinegar.

[@homeandabroad19kb37]

👏👏👏🙏

[@flaviot5226]

She is right the main objective of radical ideas is to transform society' TRANSFORMATION" is a Marxist OBJECTIVE In the last century, particularly since the 1970s, the capitalist system has undergone significant changes, experiencing transformations socially, economically, and politically. While capitalist societies have been the primary drivers of economic progress, technological advancements, and social development, challenges such as social inequality persist. To address these issues without transitioning into socialist or totalitarian models, potential reforms within capitalism include implementing progressive taxation, strengthening social safety nets, ensuring access to quality education, safeguarding workers' rights and fair wages, encouraging corporate social responsibility, enforcing antitrust measures, promoting inclusive economic growth, and implementing financial regulations. These reforms aim to create a more balanced and inclusive capitalist system, acknowledging that capitalism, with appropriate adjustments, remains a powerful force for positive societal development.

[@hipposeeds]

100% to so much of this. Fair BnB. These still ruin rental markets for people living in a place. The question to profit driven people is 'how much is enough'. Fundraising from family offices and HNWI the same question comes up, yes yes people planet, 'in line with' or 'risk adjusted rewards'. Impact is just a slide title. Even body shop that is shown in this presentation.

[@VladBunea]

I am happy Kate Raworth advocates for degrowth.

[@otila80]

Such a good ideas. However if you have to compete with companies who play with the rules set by capitalism its a challenge to get a marketshare. Maximum profit goal will always lead to cost effectiviness and exploitation of labour. We need a new reward system like in Copiosis which naturally pays more for companies with ethical and moral intentions.

[@cdineaglecollapsecenter4672]

Re Lush - you should not have to rely on companies to pay their taxes voluntarily - governments are supposed to enforce that. I would have been more impressed with an example of a government actually enforcing fair taxation. Otherwise great video and I think your ideas are really important.

[@Tatzelbrumm]

Munken (donut) är extremt lagom.

[@threecorneredvoid]

Have you guys ever heard of Karl Marx? Try a world in which we hope for more than an environmental lawyer on the Board, try a world in which workers own the means of production.

[@jupiterthesun3217]

One of the symbols of “ economical growth” has become the ridiculous skyscrapers that even the poor countries “ aspire” to build and they’re building them ! It’s almost funny and tragic to see those glass and steel skyscrapers in very poor countries and right next to them one can see people living in slums ! It’s all because just like people, nations are trying to keep up their appearances! Like the latest visit of a dignitary from the “ developed world “ visiting India , when all along the routes that the visitor from the “developed world “ was supposed to pass through, the Indian government hid away all the signs of poverty That actually made me laugh and feel uneasy about the mindset of nations as well as that of the ordinary people who use their natural energy to have the most luxurious objects that they can’t afford but somehow acquire them and then show off their expensive luxury things to the people they don’t like ! Because we usually Don’t compete with our loved ones but we do show off our materialistic stuff to those who we don’t have any emotional connection with.

[@sociocyberneering]

Noble attempt but I hate to say fairly naive to think we can make the monetary system “just.”

[@texastrustedoralsurgeon6830]

So Kate, your approach is similar to being beaten by a stick, too pushy, too accusatory. Some might say that people achieve their own level of economic power. If more is given to a person who cannot achieve it on their own, it is squandered. Also, if Costa Rica is the model society, then why are millions escaping to come to where the economic disparity is so great?

[@pootieputin2771]

Great message overall... but she needs to remove the Woke bs in order to gain a bigger audience.

[@achenarmyst2156]

Audiences that don‘t understand the sense of Woke don‘t understand Kate‘s message at all.

[@mikhail_fil]

Is this just spoken poetry? Cause it violates every law of economics, thermodynamics, psychology, human condition.

[@Knight766]

False

[@achenarmyst2156]

The „laws“ of economics themselves violate thermodynamics, psychology and the human condition.