Doughnut economics the way forward

Photo by Ekaterina Bolovtsova on Pexels.com

My previous post espoused the virtues of the doughnut as a way to describe a run of COVID-free days in my home state of Victoria. Unfortunately within 30 minutes of publishing my post that situation had changed because of cases linked to NSW’s community outbreak. Thankfully, we have returned to doughnut days again in Victoria with a run of seven no new community transmissions of the virus. I was reminded over a week ago of another aspect to this popular holey snack because of an article by an economics journalist. The hole truths of the revolutionary Doughnut Economics (thenewdaily.com.au)

It is also almost a year ago since I graduated with BA in Community Development and Sustainable Development. The article was a good reminder to me about a better way of doing business that I learned from my studies. The COVID Pandemic has exposed the flaws in our over-reliance on mass consumerism. Some are still raking in the wealth while others are struggling financially, physically and emotionally to survive these “unprecedented” times. A circular economy makes so much more sense than a linear approach. Check out the video below and see what you think. I am becoming a bigger fan of the humble doughnut!