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A
Hi
jenny
you're
here
to
talk
to
us
about
the
economy
today
and
I'm
going
to
jump
straight
in
with
my
first
question
to
you,
which
is:
could
you
explain
this
model
and
what
it
means.
B
Yeah,
absolutely
this
is
kate
ramos
donut,
and
the
donor
is
a
model
to
help
humanity
with
the
biggest
21st
century
challenge,
which
is
how
do
we
meet
the
needs
of
all
people
within
the
means
of
the
planet?
It
means
how
it
helps
us
to
work
out
how
to
work
out
how
no
one
falls
short
on
life's
essentials
like
a
good
education,
clean
water,
good
food
supply
without
us
overshooting
the
planet's
boundaries.
B
I'd
say
that
so
the
economy
that
we
sit
in
now
is
what
we
call
capitalism
or
a
market
economy,
and
a
market
economy
is
based
on
constant
growth.
That's
constant
extraction
of
nature's
resources
to
turn
those
into
products
that
people
buy,
that
creates
more
waste,
and
we
measure
that
by
gdp,
which
is
a
term
I'm
sure
everybody
is
familiar
with
constant
growth,
unfortunately,
does
rely
on
continuing
extraction
of
materials
from
nature,
continuing
consumption
and
therefore
increased
waste.
B
So
an
approach
of
the
doughnut
is
to
look
at
how
we
can
design
an
economy
that
doesn't
continually
extract
from
nature
and
deplete
nature's
resources
without
meeting
the
needs
of
people
all
people,
but
instead
looks
at
how
we
can
create
an
economy
that
keeps
us
in
balance.
So
it's
a
much
more
balanced
approach
to
meeting
the
needs
of
people
without
having
an
impact
on
the
planet
than
a
traditional
capitalist
market
economy.
A
B
Yeah,
so
a
bioregional
economy
is
something
that
people
may
not
have
heard
of
before,
and
it's
an
economy
that
is
designed
to
reflect
the
capacities
and
limitations
of
the
ecosystem
that
the
economy
sits
within.
So
when
I
say
ecosystem,
I
mean
a
geographical
area
of
land
and
that's
most
often
looked
at
and
measured
by
a
watershed,
so
all
of
the
land
that
contributes
to
the
draining
drainage
system
of
a
major
river
which
in
our
case,
is
the
river
ada
and
slightly
further
to
the
west.
That
obviously
still
impacts
us.
The
river
aaron.
A
So
what
what
would
you
maybe
look
at
if
you're
thinking
about
the
economy
and
what's
available
in
in
the
land.
B
So
one
of
the
phrases
that
you
would
hear
about
a
bioregional
economy
is
carrying
capacity,
so
a
bioregional
economy,
for
example.
If
we
think
about
water
would
be
designed
around
how
much
water
is
going
to
be
available
to
economy.
B
If
we
look
at
how
we
use
water
in
economy,
that's
homes
and
housing,
that's
agriculture,
that's
business,
and
sometimes
that's
also
leisure,
and
there
is
a
finite
amount
of
water
that
comes
into
any
region,
whether
it's
from
precipitation
or
coming
up
from
groundwater
springs,
so
bioregional
economies
design
their
economies
based
on
the
projection
of
how
much
water
there
is
and
is
likely
to
come
into
that
economy.
So,
for
example,
they
don't
build
more
housing
than
there
is
capacity
for
water
to
serve,
and
that
means
looking
at
very
carefully
how
much
water
your
homes
use.
A
B
That's
a
key
pillar
of
bioregionalism
too,
as
is
an
approach
to
fair
trade,
so
bioregional
economy
doesn't
produce
goods
or
food
that
has
a
negative
impact
on
the
economy
or
on
people
and
chooses
not
to
import
those
either
so
put
strict
criteria
on
the
kind
of
goods
that
will
move
in
and
out
of
its
economy,
so
making
sure
at
a
local
level,
but
also
internationally,
where
it
has
to
import
things
that
it
only
imports
things
that
have
been
produced
where
people
and
employees
are
cared
for
and
their
econ
ecology
is
not
damaged.
A
B
There
are
many,
but
there's
one
in
particular,
and
that
is
that
bioregional
economies
often
have
a
very
strong
brand
identity,
a
very
strong
sense
of
of
place,
so
they
look
for
what
is
bioculturally
uniqueness,
unique
about
the
place,
so
that's
taking
into
account
the
ecology
and
the
culture
of
the
people
and
build
their
economy.
Based
on
that,
so
one
of
the
things
I
think
to
think
about
within
the
climate
assembly
is
what
is
unique
about
worthing
in
asia
as
a
region.