Said by Doughnut, Simpson's fans will see Homer or the Wiggum police devouring the donuts. In American series and films, the image of donuts, laziness and rounded belly is very repetitive.
Economist Kate Raworth, for her part, has unexpectedly broken this picture. In particular, it has revolutionized the classic image of the neoliberal economy: it has rounded up an upward chart that represents the growth of the permanent Gross Domestic Product (GDP), giving a donuts look. Raworth, a professor at the University of Oxford, has been involved in a controversial theory of the economy of Donuta.
It seems plausible to me that from the world of academia, such an extraordinary theory has been created with such a simple but inevitable objective: How do we explain to the young in our faculty how the economy should be seen and learned in the 21st century? How to give centrality to the issues that traditional classical economic theories, liberal and neoliberal, entrench margins?
It has not been the corporate lobbys, nor the interests of the economic elite, nor the desire to publish in scientific journals that have led this theory to draw. His personal concerns and the paths of life have led him to it: He has worked for years with female entrepreneurs from Zanzibar, has worked on the United Nations Human Development Report team and has been a researcher at Intermón Oxfam. Concerned about the vital needs of society, it deals with the problems of women, the impoverished and the oppressed and the collapse of the land. He has drunk a lot from the feminist economy, from environmentalism and from other radical theories.
It seems plausible to me that from the world of academia, such an extraordinary theory has been created with such a simple but inevitable objective: How do we explain to the young in our faculty how the economy should be seen and learned in the 21st century? How to give centrality to the issues that traditional classical economic theories, liberal and neoliberal, entrench margins?
Two concentric circles make up Donutia's economy. Thus, the inner circle represents the social sphere and in it the most vital needs of society are grouped: health, housing, food, equity, justice... In the meantime, the outer circle covers the needs of the environment. To this end, nine limits of the planet are highlighted: climate change, land use, loss of biodiversity and chemical pollution, to mention but a few.
The image is multidimensional and very dynamic. It does an X-ray of the “health” situation of a country’s economy at any given time. For example, drawing the space of climate change dyed in darker colors indicates that we are exceeding that limit too much. Or in the social sphere, the darker the space of equality, the more irresistible the economy that represents an unsustainable social inequality. By photographing the well-being of the economy, it ignites the alarms by denouncing the abuses that that particular economy generates.
Raworth's theory crumbles the pillars of hegemonic economic theory. We must put an end to the objective of unlimited GDP growth. Often, what economic theory has called sustainable growth has little to do with the limits of the planet: constant growth that lasts over time. In short, Kate Raworth has drawn up an economy that takes account of the limits of the environment and the needs of society.
When I was preparing a training session, I discovered Raworth and the discovery left me utterly bewitched: I would say it's a theory created from reality and for reality. Based on the needs of reality, designed for the students. At first I thought I had found it by chance, but I actually looked for it unconsciously to answer a question. How can you explain the economy in a more tempting and real way?