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Amsterdam Embracing a Radical New Economic Theory to Help Save the Environment
- ultrablack 6y agoMore social justice. This time from an economist who does not understand economics.
- gnusty_gnurc 6y ago> Instead of equating a growing GDP with a successful society, our goal should be to fit all of human life into what Raworth calls the “sweet spot” between the “social foundation,” where everyone has what they need to live a good life, and the “environmental ceiling.” By and large, people in rich countries are living above the environmental ceiling. Those in poorer countries often fall below the social foundation. The space in between: that’s the doughnut. So we'd like "rich" countries to be more like poorer countries. You don't have to use deceptively nice language like doughnut, just say immiseration.