How This Doughnut Could Help Solve Global Inequality & The Climate Crisis

Global poverty and the climate crisis are some of the biggest problems humanity will face this century. In this video, we’ll touch on how these issues are linked and how this doughnut can/could help us solve them. We’ll discuss economic inequality through the metric of the Gini Index, then we’ll discuss that environmental impact such as greenhouse gas emissions and material use increase with increasing GDP, exacerbating the climate emergency and biodiversity crisis. Then finally, we’ll introduce the idea of Degrowth through ‘Doughnut Economics’.

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References:

[1] - Simon Kuznets. "Economic growth and income inequality." The gap between rich and poor. Routledge, 2019. 25-37.
[2] - Thomas Piketty. “Capital in the twenty-first century”. Harvard University Press, 2014.
[3] - World Inequality Database, https://wid.world/, Accessed: November 2023.
[4] - Politics Joe, Torsten Bell, “Economist explains why Britain is poor”,, https://www.youtube.com/watch?v=ljVtYj-YSnk, 2nd February, 2023.
[5] - Max Roser, Our world in data, https://ourworldindata.org/how-has-inequality-in-the-uk-changed-over-the-very-long-run, 2013.
[6] - Hannah Ritchie, Max Roser, and Pablo Rosado. "CO₂ and greenhouse gas emissions." Our world in data, 2020.
[7] - Hannah Ritchie, Our World In Data, "A Number of Countries Have Decoupled Economic Growth from Energy Use, Even if We Take Offshored Production into Account”, 2021.
[8] - Hannah Ritchie, Our World In Data, “Change in CO₂ emissions and GDP, United Kingdom”, 2021.
[9] - IPCC, “IPCC AR6 Synthesis Report”, 2023.
[10] - Jason Hickel, “Less Is More”, 2014.
[11] - Kate Raworth, “Doughnut Economics”, 2017.

00:00 - 00:10 - Intro
00:10 - 04:22 - Economic Inequality
04:22 - 05:21 - GDP & The Environment
05:21 - 07:58 - Degrowth
07:58 - 08:07 - Outro

Music:

Jeremy Blake - Final Girl
John B. Lund - Shadowed
Lama House - The Road To Odessa

#Economics #Inequality #Degrowth