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The Next Big Economic Movement Is Buying New Nothing At All

Mar 10, 2021 - New York Observer
Mergers and Acquisitions

Capitalism or Socialism? Maybe that binary no longer applies. As we've seen in 2020, our problems go beyond that: massive income inequality, fragile global supply chains, toxic clashes between humans and nature that easily spread viruses. That's why Kate Raworth, an Oxford-based economist, began studying a new model of economic theory, which she calls Doughnut Economics, more than a decade ago.

Raworth's theory posits that instead of a growth-based economy, we need a regenerative and redis...