Kate Raworth, economist, Hans Ulrich Obrist, DLD Sync


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Time Topic
0:05 Welcome by Steffi Czerny
2:30 Introduction by Hans Ulrich Obrist
3:50 Hans Christoph Binswanger, an early explorer of the limits of economic growth.
6:00 Kate Raworth explains how she was educated that “economic success shows up as growth”.
8:00 Rethinking starts with putting textbooks aside and looking taking a fresh look from the outside.
9:10 How the financial crisis of 2008 led to the concept of Doughnut Economics.
10:45 “I thought this is the beginning of economics that I was never taught.”
11:30 The concept of the doughnut: “I thought just as there’s an outer limit, to humanity’s use of Earth’s resources, there’s also an inner limit of the distribution of those resources…”
12:15 “These are the nine planetary boundaries, don’t overshoot this outer ring. But also don’t leave anybody falling short in this hole in the middle…”
12:30 “It becomes a balance between meeting the needs of all people within the means of the planet.”
14:00 Turning concept into action: “Different people are going to have different proposals for how to get there.”
15:10 Doughnut economics “is a mindset rather than a rule or a policy”.
16:00 Finding a balance between self-interest and collaboration – for the benefit of all.
16:30 How do we transform a “linear, degenerative economy” into a regenerative, circular economy?
18:30 Economist Herman Daly’s inspiration for the doughnut concept.
24:40 Joseph Stiglitz and the idea of “resetting capitalism”.
25:40 What would be a distributed economy?
27:30 “The book is only the beginning… I see myself as an advocate for change in the sense of being actively aiming to change the world.”
29:00 How doughnut economics became a movement.
30:00 The Doughnut Economics Action Lab, a new online hub for the community. “We’ve got over two and a half thousand members. We’re thrilled. Ministers have joined, community activists have joined, people from mainstream business have joined…”
31:10 “We are going to work with this community to evolve what it means to do donut economics in practice.”
32:00 Relying on self-organizing groups to make a big impact.
34:10 Why economics is everybody’s business.
37:50 “The economic theories that we are taught were written by men, by white men, by wealthy white men in largely in Europe and the U.S.”
38:55 Why it’s important to “…recognize your own biases, to recognize your own circumstance, your own privileges.”
41:30 “The best economists are part mathematician, part historian, and we need to draw from the best of other disciplines.”
42:30 Female perspectives on economics.
45:15 Elinor Ostrom and the “triumph of the commons”.
46:30 Amsterdam’s ambitions: making the circular economy a reality.
50:30 Art and visualizing economic concepts.
56:00 The rise of empathy.
1:00:20 Why doughnut economics is the CEO’s business.
1:02:15 A matter of values: purpose-driven companies.
1:03:30 Corporate psychotherapy.
1:06:00 Why students demand a new economic thinking.
1:08:20 Giving doughnut economics an extra dimension.

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