I see a lot of books presuming to explain what’s wrong with the economy and what to do about it. Rarely do I come across one with the consistent new paradigm frame, historical depth, practical sensibility, systemic analysis, and readability of Doughnut Economics by Kate Raworth. Especially unique and valuable is her carefully reasoned, illustrated, and documented debunking of the fatally flawed theory behind economic policies that drive financial instability, environmental collapse, poverty, and extreme inequality.
Doughnut Economics opens with the story of an Oxford University student. Recognizing the inseparable connection between the economy and the environmental and social issues of our time, she did what many students with such concerns do. She signed up for an economics major hoping to learn how she might contribute to creating a better world.
What she learned instead is that the theory taught in textbook economics is hopelessly simplistic and largely irrelevant to her concerns—and to those of many of her fellow students. Rather than just shift to a more relevant major, however, she started what has become a spreading global student movement demanding reform of university economics curricula.
On a fast track to becoming one of the world’s most influential economists, Raworth has produced a book that more than validates the reasons for the student revolt. She fills in yawning gaps in current textbook economic theory to make the connections for which these students—and many of the rest of us—are looking. More
A 21 January World Economic Forum session on how food choices can become a catalyst for positive change became an opportunity for World Council of Churches General Secretary the Rev Dr Olav Fykse Tveit to present “Ten Commandments” of food to the gathered business and political leaders.
“If we view food through the lens of justice, every plate of food reminds us of certain challenges and opportunities. It is important that we acknowledge the efforts, investments and very lives of living plants and creatures sacrificed to provide food on our tables,” reflected Tveit after the event.
The right to food, the problem of waste, the impact of the market on hunger, the primacy of agricultural development, water issues, land grabbing, and dependence on external aid were the central themes of the address given by Pope Francis to the 450 participants at the 39th Conference of the FAO (Food and Agriculture Organization), whom he received in audience in the Clementine Hall on Thursday. Continue reading Pope Francis speaks on right of all to food→
LONDON, Jun 6 2015 (IPS) – As heads of state and government of the G7 states prepare for their Jun. 7-8 summit in Germany, Oxfam has released a new report titled Let Them Eat Coal which they may find hard to digest.
According to the report, coal plants in the G7 countries – Canada, France, Germany, Italy, Japan, United Kingdom and United States – are on track to cost the world 450 billion dollars a year by the end of the century and reduce crops by millions of tonnes as they fuel the gathering pace of climate change. Continue reading G7’s Coal Addiction Behind Hunger→
Despite mission of ending poverty, new report shows destructive legacy of World Bank projects across the planet
The World Bank regularly broke its own promises to protect Indigenous rights around the globe by funding projects that displaced or threatened the livelihood of millions of the most vulnerable people on the planet, a new investigation has found.