"Imagine Melbourne as a place where everybody had enough to live a “good life”
– but nobody had too much – a city that could thrive without damaging the
planet or exploiting its people.
It sounds utopian but a growing local network of individuals and organisations
will on Wednesday kickstart a concerted push to redesign the city’s economy
using the “doughnut” theories of Oxford University’s Kate Raworth.
Professor Raworth’s book, Doughnut Economics, caused a sensation when it was
published four years ago, challenging the conventional economics theory that
constant pursuit of growth would produce the best life for the most people.
Instead, Professor Raworth argued that a world beset by economic and
environmental crises needed a new way of measuring economic success and came up
with the “doughnut”.
The doughnut’s outer ring is the planet’s environmental limit, beyond which the
use of resources is harmful, while the inner ring represents minimum social
standards of health, education, access to transport and other forms of basic
The space in between is the doughnut – the sweet spot."
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*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics