In terms of the diagram, we already use enough resources to ensure nobody need be left in the hole on the inside of the doughnut. That they don't is a question of distribution rather than scarcity. But they also have enough resources, homes and food to provide for them.
Such countries have homeless and hungry people, for sure. The challenge is to remain within the doughnut But in the modern world the reality is that, for rich countries such as Australia, there is no overall scarcity. Practically, it is challenging.Įconomics is traditionally defined as the study of the way societies allocate scarce resources. Mmm… doughnuts.Ĭonceptually it's pretty straightforward. The sweet spot, the "safe and just space for humanity" is, of course, in the doughnut itself. On the outside of the doughnut is an unsustainable impact on the environment.
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