In this inaugural episode of Invisible Handcuffs, host Katy Shields speaks with economist Kate Raworth, author of ๐๐ฐ๐ถ๐จ๐ฉ๐ฏ๐ถ๐ต ๐๐ค๐ฐ๐ฏ๐ฐ๐ฎ๐ช๐ค๐ด: ๐๐ฆ๐ท๐ฆ๐ฏ ๐๐ข๐บ๐ด ๐ต๐ฐ ๐๐ฉ๐ช๐ฏ๐ฌ ๐ญ๐ช๐ฌ๐ฆ ๐ข 21๐ด๐ต ๐๐ฆ๐ฏ๐ต๐ถ๐ณ๐บ ๐๐ค๐ฐ๐ฏ๐ฐ๐ฎ๐ช๐ด๐ต.
Doughnut Economics seeks to change not just the goal of our economies - away from endless growth, towards thriving within the planet's limits. It is also a call to transform economics as a discipline. Because mainstream economic models - which drive decision-making across our institutions - are effectively neoliberalism operationalised: markets = good, states = bad, nature or care - well, who cares?
So this means, to address this century's challenges, we need a very different kind of economics. Doughnut Economics draws on decades of alternative ("heterodox") fields of study, as well as new perspectives which, because they challenge the status quo, are neglected by the mainstream. To many โ me includedโ it was the first introduction to such thinking โ and it was a revelation.
We talk about the impact the book has had around the world since publication nine years ago, the many ways people are picking it up and running with it, but also the barriers โ especially academic, but also institutional, political, cultural. Kate then offers her thoughts on what needs to happen to really break those chains, including some very helpful tips for our own project.
Whether you have read Doughnut Economics or not, we hope you'll find this episode both informative and inspiring.
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Show notes:
Doughnut Economics: https://www.kateraworth.com/
Doughnut Economics Action Lab: https://doughnuteconomics.org/
The Hidden Business Majority, by LSE and Wholeloops Labs: https://www.jenimiles.com/research/post-growth-business-report
Rethinking Economics: Is UK Economics Education Fit for the 21st Century?: https://rethinkeconomics.org/blog/reports/uk-national-report-is-economics-education-fit-for-the-21st-century/
Tipping Point: The True Story of the Limits to Growth: https://tippingpoint-podcast.com/
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