Donut economics
Donut economics is an economic theory developed by Kate Raworth from Oxfam which places humanity’s 21st century challenge as ensuring that every person has the resources they need to meet their human rights, while collectively we live within the ecological means of this one planet [1]. The ‘doughnut’ of planetary and social boundaries is an approach to framing that challenge as seen below:
The basic concepts are outlined here:
- Raworth, Kate. "A safe and just space for humanity: can we live within the doughnut." Oxfam Policy and Practice: Climate Change and Resilience 8.1 (2012): 1-26.
- For more information on planetary boundaries see: https://en.wikipedia.org/wiki/Planetary_boundaries
