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In doughnut economics by Kate Raworth's we learn that the recommendation that the field of economics abandons the idea that environmental degradation will be cured

In doughnut economics by Kate Raworth's we learn that the recommendation thatthe field of economics abandons the idea that environmental degradation will be cured through economic growth, and replace it with the idea the economic systems should be environmentally regenerative by design.

  • In the first part of your response, please explain why she makes this recommendation. What is wrong with the model of economic growth cleaning up environmental degradation,and how has it harmed the world?
  • In the second part of your response, please preform an analysis of your economy (MY ECONOMY IS CAPE TOWN SOUTH AFRICA) to determine the degree to which it has adopted her recommendation. Here is a list from our reading of specific things to look for in your economy:
    • Does your economy explicitly state any goals that correspond with the principles of regenerative economic design?
    • Does your economy have any rules, regulations, or policies in place that promote the practice of regenerative economic design?
      • Repair
      • Reuse
      • Refurbish
      • Recycle
    • Do the businesses in your economy provide services that support ecological regeneration?
    • Do you see evidence of people trying to disrupt the linear make-take-waste economic model?

1=My economy is heavily committed to doing things the old way (neoclassical economics)

2=My economy is lightly committed to doing things the old way (neoclassical economics)

3=My economy is neither committed to doing things the old way nor the old way (in the middle)

4=My economy is lightly committed to doing things the new way (doughnut economics)

5=My economy is heavily committed to doing things the new way (doughnut economics)

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