{"id":27180,"date":"2017-10-24T06:52:45","date_gmt":"2017-10-24T11:52:45","guid":{"rendered":"http:\/\/olduvai.ca\/?p=27180"},"modified":"2017-10-24T06:52:45","modified_gmt":"2017-10-24T11:52:45","slug":"inside-the-doughnut","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=27180","title":{"rendered":"Inside the Doughnut"},"content":{"rendered":"

INSIDE THE DOUGHNUT<\/a><\/h3>\n
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\nBook review:
\nDoughnut Economics: Seven Ways to Think Like a 21st-Century Economist\u00a0<\/strong><\/em>
\n(Random House, 2017)<\/p>\n

I doubt many people would have betted that this year\u2019s hot new concept for a healthy economy would be that bad food staple, the doughnut. But with the publication of Kate Raworth\u2019s book, it\u2019s come to pass. The idea of the \u2018doughnut\u2019 is that there is (1) a lower social limit for human flourishing, beneath which welfare is limited by shortfalls in such things as food, education and housing, and (2) an outer ecological limit for human flourishing, beyond which welfare is limited by overshoot in such things as climate change, ocean acidification and nitrogen and phosphorous loading. These two limits constitute respectively the inner and outer rings of the \u2018doughnut\u2019, the sweet spot within which humanity must try to remain. I have to confess I\u2019m not greatly moved by the metaphor, which doesn\u2019t seem to go much beyond the truth that individually people can have too little, and collectively they can take too much. And too much of what \u2013 is there really a conceptual equivalence between taking too much water or fossil energy, and taking too much health, as Raworth\u2019s \u2018doughnut\u2019 diagram (p.51) seems to imply? Whatever the case, she hangs a lot of sensible and lucid analysis off the concept in a genuinely thought-provoking, if for me ultimately unsatisfactory, book.<\/p>\n

In the first part of the book Raworth dissects orthodox economic theory, showing how it frames the world in questionable but powerful and largely hidden ways that buttress right-wing, \u2018free\u2019 market politics, while silencing other modes of thinking.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

INSIDE THE DOUGHNUT Book review: Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist\u00a0 (Random House, 2017) I doubt many people would have betted that this year\u2019s hot new concept for a healthy economy would be that bad food staple, the doughnut. But with the publication of Kate Raworth\u2019s book, it\u2019s come to pass. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[16644,15683,15872,16645],"class_list":["post-27180","post","type-post","status-publish","format-standard","hentry","category-economics","tag-21st-century-economics","tag-chris-smaje","tag-dark-mountain-project","tag-kate-raworth"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27180"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27180\/revisions"}],"predecessor-version":[{"id":27181,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27180\/revisions\/27181"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}