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Why it's time for 'Doughnut Economics'
Kate Raworth
TEDx, 2014
TEDx, 2014
Level: beginner
Kate Raworth gives a crash course in economics with a twist. Find out yourself what the diagram of households and firms does not show:
- The economy is embedded in the environment.
- Unpaid caring work is almost completely ignored by economics.
- A lot of value created is not monetarized or measured in GDP.
- For a lot of people, wages stagnate. Power is missing in the analysis.