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I can't listen to the podcast at the moment. But, along a similar theme Doughnut Economics tries to imagine adjustments that are required to traditional economi
by philips 6y ago
I can't listen to the podcast at the moment. But, along a similar theme Doughnut Economics tries to imagine adjustments that are required to traditional economic models from the 19th and 20th century that are required to keep the biosphere productive for humans.
https://www.kateraworth.com/doughnut/ https://www.kateraworth.com/doughnut/
An idea that stuck with me is that markets are powerful tools that need to be embedded into other systems but arent self regulating systems all by themselves. It seems too often in debates on big problems the argument is simply we need a market solution not how is the system designed to best utilize a market.
- bjo590 6y ago> It seems too often in debates on big problems the argument is simply we need a market solution not how is the system designed to best utilize a market. "We need a market solution" is politician for private interests want to change laws so that they can expand their businesses.
- throwaway894345 6y agoWhile I agree, it’s kind of throwing the baby out with the bath water. Carbon taxes are also a market-based solution which aligns well with public interests, for example.