Monday, 30 July 2018

Doughnut Economics: 7 Ways to Think Like a 21st Century Economist by Kate Raworth







Economics is the mother tongue of public policy, the language of public life and the mindset that shapes society.




Pre-analytic vision. Worldview. Paradigm. Frame. These are cousin concepts. What matters more than the one you choose is to realize that you have one in the first place, because then you have the power to question and change it.



What enables human beings to thrive? A world in which every person can lead their life with dignity, opportunity and community -- and we can all do so within the means of our life-giving planet. 



Mainstream economic theory is obsessed with the productivity of waged labour while skipping right over the unpaid work that makes it all possible, as feminist economists have made clear for decades.  That work is known by many names: unpaid caring work, the reproductive economy, the love economy, the second economy.  However, as economist Neva Goodwin has pointed out, far from being secondary, it is actually the "core economy", and it comes first every day, sustaining the essentials of family and social life with the universal human resources of time, knowledge, skill, care, empathy, teaching and reciprocity. 



Wherever people are present, so too are power relations.