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In this conversation I speak with renegade economist and creator of doughnut economics Kate Raworth. Kate is a Senior Associate at Oxford University’s Environmental Change Institute, where she teaches on the Masters in Environmental Change and Management. She is also Professor of Practice at Amsterdam University of Applied Sciences. We speak about economic transformation, and re-imagining economic possibilities for the 21st century. What should we design our economic system to do? Growth in GDP is a nice target to aim for because it is simple, but it doesn't do a very good job of capturing all of the economic externalities associated with market contracts, and in particular the impact of doing business on the environment and human well being. Our economies are beginning to run up against our planets boundaries, and it is becoming increasingly apparent that our planet is finite. So what should our target be if not for endless growth in GDP at the expense of our only known habitable planet? ►Subscribe And Turn On All Notifications To See More: https://www.youtube.com/c/EscapedSapi... ►Find out more about Kate's work here: https://www.kateraworth.com/about/ ►Follow Kate on Twitter: @KateRaworth These conversations are supported by the Andrea von Braun foundation (http://www.avbstiftung.de/), as an exploration of the rich, exciting, connected, scientifically literate, and (most importantly) sustainable future of humanity. The Andrea von Braun Foundation has provided me with full creative freedom with their support. As such, the views expressed in these episodes are my own and/or those of my guests. Menu: 0:00 - Kate Rayworth. 1:16 - Why does our economic system seem so irrational? 2:50 - Are Humans Inherently destructive? 5:20 - What do economists get wrong about the economy? 10:02 - Macro Vs Micro Economics 11:40 - Externalities. 17:45 - What is doughnut economics? 24:55 - Is wealth inequality linked to climate breakdown? 29:40 - How fat is the doughnut? 32:50 - Decoupling GDP from Carbon Emissions. 40:55 - So how do we fix the economy? 47:10- The Social System. 52:35 - But GDP is easy to track. 58:50 - The Role of Consumers. 1:00:50 - What does doughnut economics look like practically. 1:07:07 - The Future of regenerative and sustainable economies. Subscribe And Turn On All Notifications To See More: https://www.youtube.com/c/EscapedSapi... Watch These Videos Next: ►Hacking The Blueprint Of Life | Michael Levin | Escaped Sapiens #37 • Hacking The Blueprint Of Life | Micha... ►How Your Evolved Psychology Controls You | Diana Fleischman | Escaped Sapiens Podcast #28 • How Your Evolved Psychology Controls ... ►3 Months Lost at Sea, Human Endurance and Ingenuity | Steve Callahan | Escaped Sapiens Podcast #22 • 3 Months Lost at Sea, Human Endurance... ►A Blueprint For Mars Colonization | Robert Zubrin | Escaped Sapiens Podcast #5 • A Blueprint For Mars Colonization | R...