Certain parts of the market in certain countries are not working properly, whereas Raworth argues that it isn’t an economic necessity, but a design error. Most other economics believe that the inequality on our planet is caused by economic necessity. Living in The Donut Economy equals living sustainable. She developed a new system-theoretical approach on redividing lifestyles and habits in a regenerative economy, whereas the most important aspect is that economic growth is not the main goal in society. She did that by looking at human nature and the complex processes we are facing. This economic theory redefines our 21st economy objective, taking into account the larger image of our environment. The Donut EconomyĮconomist Kate Raworth has come up with a theory called the Donut Economy. Moreover, it’s important that future generations can keep living on this planet and therefore, we need to switch from a linear economy to The Donut Economy. Living sustainable therefore means that you take all three pillars into account in daily tasks and actions. The general idea of sustainability, however, is that the earth, humans and their economies are in balance with each other. The definition of sustainability is widely discussed, but there doesn’t seem to be a clear definition.
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