[a: Kate Raworth|313201|Kate Raworth|https://images.gr-assets.com/authors/1526421995p2/313201.jpg] clearly and playfully critiques some of the ideas of mainstream economics (GDP, Kuznets curves, homo economicus, etc.). The historical passages that explain the emergence of these ideas are also interesting.

However, what I missed was situating the topic within a broader political-economic analysis of capitalist structures. Raworth thus ignores topics such as the origin of profit, the importance of alienating workers, accumulation, the role of the state, money, etc. Without clarifying these things, the critique cannot go deep enough.

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[a: Kate Raworth|313201|Kate Raworth|https://images.gr-assets.com/authors/1526421995p2/313201.jpg] prehľadne a hravo kritizuje niektoré predstavy mainstreamovej ekonómie (HDP, Kuznetsove krivky, homo economicus a podobne). Zaujímavé sú aj historické pasáže, ktoré vysvetľujú vznik týchto predstáv.

Chýba mi však zasadenie témy do širšej politicko-ekonomickej analýzy kapitalistických štruktúr. Raworth tak ignoruje témy ako pôvod zisku, význam odcudzenia pracovníčok a pracovníkov, akumulácia, rolu štátu, peňazí atď. Bez objasnenia týchto vecí kritika nemôže ísť dostatočne hlboko.

Solid thoughts on the problems of economic theory

I'd recommend this book to anyone with an interest in economics or politics who feels that there is something unreliable about the conventional way in which we talk about GDP or trade etc.
challenging informative medium-paced

Insightful shift in perspective

This book frames economic goals within the eventual limited set by our natural resources- the doughnut concept (which could also be drawn as a floor and ceiling) provides a floor of social justice to meet, within a ceiling of natural resource limits. Occasionally the ideas seemed extremely unlikely and overly communist, but I found it a good balance to the normal theories which don’t seem to be panning out.
hopeful informative inspiring reflective medium-paced

clearly spells out the issues with current economic thinking and dogma and lays out potential new ways for the economy to be shaped going forward and the political and financial roadblocks that exist in the form of vested interests that have no interest in making changes.
This is a highly approachable book even if you have never studied economics and its broad scope opens many potential avenues of thinking and ways to progress.

Read if you have an interest in environmental, social and financial progress.

Very readable, approachable, ordinary-language book. Posits that economics as practiced today has some big systemic flaws, which lead to things like the climate crisis or the 2008 global financial crisis. Diagnoses these problems and suggests solutions.

There seems to be a persistent trend where fields like computer science, econ, linguistics, biology, get a bad case of maths/physics envy and want everything to fit into nice quantitative models. Then they worship those models, then the models replace the real world. Sometimes a lot of people starve to death because of this.

Kinda collects into one place a lot of the separate concerns I've had while talking to libertarian/neoliberal economists over the last year. People keep telling me "sure, your concern about Social Issue X is noble, but we have a four-page mathematical proof that only small-government-free-market solutions can work here, sorry". This book presents a pretty good counter-argument.

Parallels: it's like "New Dark Age" but for econ instead of software. Talks about similar issues to Naomi Klein's Shock Doctrine/This Changes Everything, but Klein thinks things are caused by explicit class warfare for corporate overlords, and Raworth thinks things are caused by naive economists who are too in love with traditional models.

Recommends two books I already wanted to read: The Moral Limits of Markets and Governing the Commons.

Would highly recommend for anyone trying to get a grasp of why economics in the 21st century seems so fucked up.

Excellent

Every economics student needs to read this! This will help you find real value in an economics degree and if you’re struggling with the ethics of the competitive business world… look no further
challenging informative inspiring medium-paced