Amsterdam is embracing a radical new economic theory to help save the environment. Could it also replace capitalism? (From 2021)
, but Amsterdam is not alone. Raworth says DEAL has received an avalanche of requests from municipal leaders and others seeking to build more resilient societies in the. Copenhagen’s city council majority decided to follow Amsterdam’s example in June, as did the Brussels region and the small city of Dunedin, New Zealand, in September, and Nanaimo, British Columbia, in December. In the U.S., Portland, Ore., is preparing to roll out its own version of the doughnut, and Austin may be close behind.
Raworth published her theory of the doughnut as a paper in 2012 and later as a 2017 book, which has since been translated into 20 languages. The theory doesn’t lay out specific policies or goals for countries.to decide what benchmarks would bring them inside the doughnut—emission limits, for example, or an end to homelessness. The process of setting those benchmarks is the first step to becoming a doughnut economy, she says.
Cities offer a good opportunity to prove that the doughnut can actually work in practice. In 2019, C40, a network of 97 cities focused on climate action, asked Raworth to create reports on three of its members—Amsterdam, Philadelphia and Portland—showing how far they were from living inside the doughnut. Inspired by the process, Amsterdam decided to run with it.
On the mainland, the pandemic has inspired projects guided by the doughnut’s ethos. When the Netherlands went into lockdown in March, the city realized that thousands of residents didn’t havethat would become increasingly necessary to socialize and take part in society.
Of course, many in the city were working on sustainability, social issues or ways to make life better in developing countries before the city embraced the doughnut. But Drouin, manager of Amsterdam’s volunteer coalition, says the concept has forced a Still, some economists are skeptical of the idealism. In his 2018 review of Raworth’s book, Branko Milanovic, a scholar at CUNY’s Stone Center on Socio-Economic Inequality, says for the doughnut to take off, humans would need to “magically” become “indifferent to how well we do compared to others, and not really care about wealth and income.”
Belgique Dernières Nouvelles, Belgique Actualités
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