Kate Raworth: Setting the Frame with the Regenerative Economic Paradigm

Next Economy Now highlights the leaders who are taking a regenerative, bio-regional, equitable, transparent, and whole-systems approach to using business as a force for good. 

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Author of Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, Kate Raworth is a renegade economist focused on exploring the economic mindset needed to address the 21st century’s social and ecological challenges. She is a senior visiting research associate and advisory board member at Oxford University’s Environmental Change Institute and teaches in its master's program for Environmental Change and Management.

She is also senior associate of the Cambridge Institute for Sustainability Leadership and a member of the Club of Rome. Over the past 20 years Raworth has been a senior researcher at Oxfam, a co-author of UNDP’s annual Human Development Reports and a fellow of the Overseas Development Institute, working in the villages of Zanzibar. She is also on the advisory board of the Stockholm School of Economics’ Global Challenges Programme and Anglia Ruskin University’s Global Resource Observatory. Kate lives in Oxford, England.

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In this interview we discuss:

  • Her idea of the “doughnut” or planetary sweet spot, that aims to bring our social and environmental systems into balance and how business can play a larger role in that transformation

  • How Brexit and the election of Donald Trump affect her work

  • How we can begin embracing complexity by reading Donella Meadows’ book: Thinking in Systems – A Primer

  • The idea of the “triumph of the commons” – that the commons and commons culture are an enormously important part of our life

  • Understanding that the household is an essential part of our economy

  • Transcending the grossly oversimplified perception and description of ourselves as consumers and recognizing our many social identities

  • Balancing the need to resist and protest with the need to build the models that make the existing harmful models obsolete

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Ryan Honeyman is a Partner at LIFT Economy and author of The B Corp Handbook: How to Use Business as a Force for Good (Berrett-Koehler Publishers). LIFT Economy is an impact consulting firm whose mission is to create, model, and share a locally self-reliant economy that works for the benefit of all life. You can follow Ryan on Twitter @honeymanconsult or email him ryan@lifteconomy.com.