What are the core economic assumptions? Do the current economic assumptions align with the ultimate goal of economics? According to Kate Raworth, economics has developed some core assumptions about human nature, what an economy exists to do, and what the social science of economics is meant to achieve. According to her, if the economy is to better serve humanity’s needs, these core assumptions need to change. Here’s why the traditional economic assumptions are flawed, according to Raworth.
What’s a distributive economy? What are the dangers in entrusting the distribution of the money supply to private commercial banks? A distributive economy promotes an equitable distribution of the money supply. In a capitalist economy, the money supply is distributed by private banks, which gives banks too much power. In a distributive economy, government-backed financial institutions take the role of private banks. Here’s why we should democratize money, according to Kate Raworth.
Are you constantly distracted? Do you need a place to air out your creativity? In Keep Going, artist Austin Kleon advises disconnecting from the world to be your most creative self. To disconnect, he says to make a creative space and slow down your life. Here’s how to disconnect from the world and connect with your inner artist.
Why should companies be owned by their employees? Will employee ownership work for any business? In her book Doughnut Economics, Kate Raworth champions more collective forms of corporate governance, such as cooperatives and employee-owned enterprises. She argues that to deny workers an equity stake in the company to which they provide their valuable labor is to deprive them of what is rightfully theirs. Here’s why employee ownership is the way to go.
What is a circular economy? Will transitioning to the circular economy model hurt businesses? A circular economy is a model of production and consumption aimed at minimizing waste by reusing and regenerating the available resources. The shift towards a circular economy is the necessary step toward sustainability—if companies take and take from the planet without replenishing or regenerating, there will be nothing left. Here’s why shifting to the circular production model is good both for businesses and for the planet.
What are the main causes of stress? What is the difference between acute and chronic stress? According to Dr. Gabor Maté, stress is the body’s response to a threat. There are two kinds of stress: acute and chronic stress, which have different triggers and effects on the body. Keep reading to learn about the causes of stress.
Is constant economic growth sustainable? Is it time to end our obsession with economic growth and start transitioning to a post-growth economy? Economic growth is not a remedy to humanity’s challenges. Despite growth, we still have a large amount of poverty, food insecurity, lack of opportunity, and other problems of deprivation. According to Kate Raworth, the author of Doughnut Economics, this is the time we start thinking about and planning for a no-growth future. Here’s why economic growth does not equal prosperity and how we can start transitioning to a no-growth future.
What is collective consciousness? How deeply do your actions affect others? Gary Zukav argues that your choices shape the realities of those you identify with, whether that’s others who share your gender, others who share your nationality, or other humans in general. He asserts that your behaviors carry vibrations that are felt by you and flow out to those around you. Here’s how Zukav discusses collective consciousness in his book The Seat of the Soul.
Are humans inherently good or evil? Does our environment shape who we are? In The Lucifer Effect, psychologist Philip Zimbardo argues that humans aren’t born good or bad. Instead, he theorizes that certain circumstances can cause any good person to become evil. Learn more about why Zimbardo believes humans aren’t inherently good or evil.
What is the cycle of poverty? How did Stephanie Land get stuck in this cycle? Stephanie Land, the author of the memoir Maid, comes from generations of poverty on both sides of her family. Because of this, and the lack of resources Land needed to break out of poverty, she was stuck in the cycle of poverty that many people are trapped in. Let’s look at the cycle of poverty from Land’s point of view.