What Doughnut Economics means for business: creating enterprises that are regenerative and distributive by design

Erinch Sahan, W. van Winden, D.J.H.M. van den Buuse, K. Raworth, Carlota Sanz Ruiz

Research output: Contribution to journalArticleProfessional

48 Downloads (Pure)

Abstract

The 21st century’s rapidly compounding crises – from climate and ecological breakdown to extreme social inequities of power and opportunity – make it irrefutably clear that the global economic system must be transformed if humanity and the rest of life on Earth are to thrive. Doughnut Economics provides an increasingly recognised compass for such a thriving future, and is focused on meeting the needs of all people within the means of the living planet, by creating economies that are regenerative and distributive by design. What are the implications for the role and transformation of business, if it is to be part of this future?

This paper explores how the deep design of business – through a company’s Purpose, Networks, Governance, Ownership, and Finance – powerfully shapes
its strategic decisions and operational impacts, and ultimately determines whether or not businesses can transform to become part of a regenerative and distributive future. By diving into five layers of deep design, this paper reveals both design blockages that prevent transformative action, and design innovations that can unlock its possibility. In addition, this paper recognises that industry-level and system-wide transformations are crucial for turning the inheritance of a degenerative and divisive economic system into the beginnings of a regenerative and distributive one.
Original languageEnglish
Pages (from-to)1-25
Number of pages25
JournalDoughnut Economics Action Lab (DEAL)
Publication statusPublished - 7 Nov 2022

Fingerprint

Dive into the research topics of 'What Doughnut Economics means for business: creating enterprises that are regenerative and distributive by design'. Together they form a unique fingerprint.

Cite this