New Measures of Success

Doughnut Economics Kate Raworth’s Doughnut Economic Model measures the performance of an economy by the extent to which people’s needs and rights (the social foundation) are met without overshooting the Earth’s ecological ceiling. The work is in building a regenerative and distributive economy so that we can find our way back into the doughnut’s sweet spot—“the safe and just space for humanity.” Circular Economy A circular economy is a closed loop system that is restorative and regenerative by design, moving us beyond the extractive “take-make-waste” industrial model we currently have. It represents a systemic shift that builds long-term resilience, generates business and economic opportunities, and enables people and planet to flourish. Gross National Happiness First implemented in Bhutan, Gross National Happiness values collective happiness and wellbeing as the goal of…