Week 5: doughnut economy Flashcards
What are the two boundaries in the Doughnut framework?
Outer: Planetary
Inner: Social foundation
What is the goal of living within the doughnut?
Achieve an ecologically safe and socially just space.
Name three of the seven ways to think link an economist in the 21st century
- Change the goal (beyond GDP).
- Distribute resources actively.
- Regenerate the environment.
(4. being agnostic about growth, nurture human nature, etc.)
List one critique of Doughnut Economics related to behavior.
Minimal guidance on hot to achieve behavioral change.
What is a major critique regarding innovation?
Underplays the role of technological and organizational change needed.
How did Amsterdam apply Doughnut Economics?
1) adressed housing crises.
2) Focused on ethical labor in cocoa imports.
What organization scientifically quantifies safe spaces for people and the planet?
The Earth comission
1: What is the concept of environmental space? And What does the dignity floor imply in environmental space?
1: States that all people have equal rights to resource consumption within the planet’s carrying capacity.
> Focuses on fairness and sustainability.
Above the dignity floor all individuals can meet basic needs without shame or inequality.