You would think that once you have attained sufficient resources to satisfy a specific need that, once satisfied, you would then redirect excess resources to a different need. For example if you needed a healthy snack and wanted to eat an apple, once you ate an apple or two you would be satiated and stop. Instead you would then look to your other needs, if you were still hungry, such as a sandwich, to balance out your meal. It would be illogical to simply keep searching for and buying various different apples for the sake of variety and interest. In my simple view that is not what I see in the world.
It seems almost quaint: Live so you are comfortable but still not deplete the world’s resources. This is called doughnut economics. The third world should strive to bring up their standard of living, but the first world should not live beyond their means and deplete the world’s resources. Huh?
Amsterdam Doughnut Economics
It seems pretty reasonable, really. China, India and other poorer countries strive to economically improve and pull people out of poverty. That can only be a good thing. But then you have the first world countries consuming way beyond their means, because they are rich and because they can. As China and India improve, why should they not also consume beyond the earth’s means as well? The reason is that the world will then be depleted and we, as a species, will all suffer.
This is a preview of
Doughnut Economics: A Different Way of Thinking about Living
. Read the full post (761 words, 1 image, estimated 3:03 mins reading time)