Kate Raworth argues that rethinking economics can save our planet
The TED Interview
TED
4.4 • 2.5K Ratings
🗓️ 6 November 2019
⏱️ 54 minutes
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Summary
Endless growth may actually be hurting our economy—and our planet. Economist Kate Raworth makes a case for “doughnut economics”: an alternative way to look at the economic systems ruling our societies and imagine a sustainable future for all.
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Transcript
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| 0:00.0 | Ted Audio Collective |
| 0:10.8 | Welcome to the Ted interview. I'm Chris Anderson. |
| 0:13.7 | This is the podcast series where I sit down with the Ted Speaker and we get to dive much |
| 0:17.7 | deeper into their ideas than was possible during their TED Talk. |
| 0:22.6 | Today on the show, when it comes to our economy, is growth always a good thing? Should it really |
| 0:28.2 | be the arctic we use to measure the health of our economies? My guest today, Kate Rehworth, |
| 0:33.9 | says, absolutely not. It's time to think again, to reimagine the shape of progress. Because |
| 0:42.4 | today we have economies that need to grow whether or not they make us thrive. And what we need, |
| 0:51.6 | especially in the richest countries, are economies that make us thrive whether or not they |
| 0:57.5 | grow. Kate Rehworth is an economist and the creator of what she calls Donut Economics, a model |
| 1:05.2 | that prioritises sustainability and the health of our planet over endlessly expanding |
| 1:11.0 | output and profits. This conversation was recorded live in London in front of an attentive |
| 1:16.2 | audience. Now, I loved Kate's TED Talk, but in this format, we had so much time to really |
| 1:22.3 | dive into the details of how she sees the world. I found it both provocative and really |
| 1:28.1 | compelling. If you care about climate change or the future of capitalism or just humanity's |
| 1:35.1 | ability to survive and thrive in the years ahead, I think you're going to find this one interesting. |
| 1:40.4 | Alright then, I would like to introduce you to a remarkable woman. She's an economist, but an |
| 1:58.0 | economist who's taken it upon herself to seek to overthrow some of the core tenets of economics. |
| 2:06.5 | Instead of that, she wants to propose something she calls Donut Economics. What an earth is that? |
| 2:13.8 | Let's find out. Please welcome Kate Rehworth. |
| 2:24.1 | Kate, welcome to the TED interview. Thank you so much. So, if I have it right, it's your |
| 2:30.9 | opinion that a core economic idea that we all grew up with, which is that growth is really important |
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