Oxford University economist Kate Raworth has been described by the author and environmentalist George Monbiot as ‘the John Maynard Keynes of the 21st century’. In April 2021 she came to Intelligence Squared to discuss what she calls Doughnut Economics, an idea she came up with to help humanity deal with the challenges we face today: financial crises, extreme wealth inequality and relentless pressure on the environment. The doughnut posits a world where we zero in on a sweet spot: all our material and political needs are met without exhausting the planet. Drawn on paper, the space where everyone can thrive looks like a doughnut.
As she set out her vision, Raworth slayed the myth of ‘rational economic man’ – who acts principally out of self-interest – that has dominated economic theory for so long. She argued that it is time to create economies that make us thrive, whether or not they grow.
Raworth shared her concept of a world that is safe and just for everyone and explained how her big idea has already been embraced by cities around the world including Amsterdam and Copenhagen, while celebrated naturalist Sir David Attenborough has called her idea ‘our species’ compass for the journey’ to a sustainable future.
Speakers are subject to change.