A Healthy Economy Should Be Designed to Thrive, Not Grow
Provided by: TED |Published on: November 19, 2021
Videos Grades 9-12
Synopsis
In this video, Kate Raworth outlines her theory of doughnut economics.
The central idea of doughnut economics involves a shift in mindset where humans thrive within ecological boundaries rather than striving for continuous economic growth.
A powerful vision of stabilizing resource consumption and distribution that could be regenerative to economies, people, and the planet.
Additional Prerequisites
Students would need a very basic understanding of consumerism and economic growth along with how both can impact the ecological environment to get the most out of this video.
Differentiation
Extension activities that invite student redesign of commodity exchange, healthcare, marketing, and economic measurements could be incorporated as part of an activity that features this video as the centerpiece.
There are so many opportunities to differentiate the use of this video depending on how you design and structure the learning activities that accompany it. Here are a few ideas:
Activate Student Thinking: Allow students to contemplate and share examples of people who may be addicted to consumerism. Ask them for evidence that the following notion may be specifically embedded in our social environments: We can transform ourselves by buying something new.
Student Design Opportunities: If publicly traded companies are under constant pressure to achieve economic growth to appease shareholders, how might a redesign of an economic system shift that pressure?
Student Messaging Opportunities: Many politicians want the benefits of raising tax revenue without the negative press of raising taxes so they look to a growing GDP as a means to accomplish that. Challenge students to develop messaging around raising taxes that may not be viewed as automatically negative.
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