How Economics Failed Us – and Why We Need Doughnut Economics Instead | Kate Raworth

How Economics Failed Us – and Why We Need Doughnut Economics Instead | Kate Raworth

My guest today is Kate Raworth – renegade economist, author of Doughnut Economics, and co-founder of the Doughnut Economics Action Lab. We get into why mainstream economics leaves out ecology, inequality, and human wellbeing – and what a 21st century economic framework should look like. Kate introduces doughnut economics: a model for meeting the needs of all people within the planetary boundaries of the planet. We discuss the fictional character at the core of mainstream economics, the entrenched narratives holding us back, and how cities like Amsterdam are adopting doughnut economics to move towards a better future.  Learn more about the Doughnut Economics Action Lab: https://doughnuteconomics.org/ Support the Better Future podcast by becoming a paid subscriber on Substack: https://betterfuturemedia.substack.com/ Subscribe to the Better Future podcast:  YouTube: https://www.youtube.com/@michaelmezz [https://www.youtube.com/@michaelmezz]  Spotify: https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0  [https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0 ] Apple: https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833 [https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833] Check out Kate’s website to learn more about her work: kateraworth.com [http://kateraworth.com] Find Kate’s book, Doughnut Economics, on Bookshop: https://bookshop.org/p/books/doughnut-economics-seven-ways-to-think-like-a-21st-century-economist-kate-raworth/c567b77a6aa8a1bf [https://bookshop.org/p/books/doughnut-economics-seven-ways-to-think-like-a-21st-century-economist-kate-raworth/c567b77a6aa8a1bf] Follow Kate on social media:  Bluesky: https://bsky.app/profile/kateraworth.bsky.social [https://bsky.app/profile/kateraworth.bsky.social] LinkedIn: https://www.linkedin.com/in/kate-raworth-188399291/ [https://www.linkedin.com/in/kate-raworth-188399291/] X: ⁠https://x.com/KateRaworth [https://x.com/KateRaworth] Follow Michael on Instagram: https://www.instagram.com/michael__mezz/  [https://www.instagram.com/michael__mezz/ ] Follow the Better Future Podcast on Instagram: https://www.instagram.com/betterfuturepod/ [https://www.instagram.com/betterfuturepod/] Timestamps: 00:00 The myth of human nature 01:05 Introducing Kate Raworth 02:18 Should we trust economists? 09:03 The power of diagrams 11:14 Inside the doughnut 15:28 Externalities and earth systems 19:24 Rational Economic Man 28:01 Distributive ownership 31:05 Beyond the capitalism vs. socialism paradigm 39:29 Our addiction to growth 43:53 From growth to thriving 46:15 Mapping our lock-ins to growth 51:35 Doughnut economics in action 01:03:18 Having kids and climate anxiety 01:08:13 Kate as a circus ringmaster 01:19:52 Conclusion Host/Creator: Michael Mezzatesta  Guest: Kate Raworth  Editor: Nuria Salgado  Designer: Amea Wadsworth

013 - Olivier De Schutter on Why the Economy Creates Poverty – and How To Fix It

My guest today is Olivier De Schutter – UN Special Rapporteur on Extreme Poverty and Human Rights, and one of the most important voices in the global movement to redesign the economy around human wellbeing rather than endless growth for the ultra-rich. We recorded this conversation at the +Wellbeing Economy Forum in Iceland, and our discussion covers a lot of ground – the myths that prop up capitalism; the winners and losers of globalization; the case for economic democracy; how to direct capital toward care work and the solidarity economy; and what a post-growth transition would actually look like. For a detailed picture of the policies that can guide this transition, you can view the newly-released roadmap “Eradicating Poverty Beyond Growth” here: https://www.neep-poverty.org/roadmap-for-eradicating-poverty-beyond-growth/ Support the Better Future podcast by becoming a paid subscriber on Substack: https://betterfuturemedia.substack.com/ [https://betterfuturemedia.substack.com/] Learn more about the Wellbeing Economy Forum, an annual conference in Iceland for the wellbeing economy movement: https://www.wellbeingeconomyforum.com/ [https://www.wellbeingeconomyforum.com/] Subscribe to the Better Future podcast on your preferred platform: YouTube: https://www.youtube.com/@michaelmezz [https://www.youtube.com/@michaelmezz]  Spotify: https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0 [https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0]  Apple: https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833 [https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833] Follow Olivier on social media:  LinkedIn: https://www.linkedin.com/in/olivier-de-schutter-83990552/ [https://www.linkedin.com/in/olivier-de-schutter-83990552/] Instagram: https://www.instagram.com/odeschutter/ [https://www.instagram.com/odeschutter/] X: https://x.com/DeSchutterOlivihttps://x.com/DeSchutterO [https://x.com/DeSchutterO] Follow Michael on Instagram: https://www.instagram.com/MICHAEL__MEZZ/ [https://www.instagram.com/MICHAEL__MEZZ/] Watch our clips on Instagram: https://www.instagram.com/betterfuturepod/ [https://www.instagram.com/betterfuturepod/] 00:00 Intro: The economy panders to the rich  00:58 Introducing Olivier De Schutter 01:47 Why capitalist efficiency is a myth  07:19 Has capitalism actually defeated poverty?  12:27 The commodification of life and the dismantling of the commons  16:28 The winners and losers of growth and globalization 22:21 The progressive alternative to protectionism  30:38 Why we need economic democracy  35:46 The Easterlin paradox: growth without happiness  39:34 Post-growth as a culture shift  43:10 How international debt traps the Global South  50:43 Care work, wages, and the solidarity economy 59:00 Recessions are not post-growth  01:02:45 Conclusion Host/Creator: Michael Mezzatesta  Guest: Olivier De Schutter  Editor: Nuria Salgado  Designer: Amea Wadsworth Thanks for watching episode 013. Stay tuned for more!

012 - Rob Hopkins on Radical Imagination & Falling in Love with the Future

My guest today is Rob Hopkins – co-founder of the Transition Network, a global movement supporting communities to reimagine and rebuild their local economies in response to climate and economic crisis. He's the author of several books, including his most recent, How to Fall in Love with the Future, which makes the case that imagination – not fear – is the most powerful force for change we have. We discuss the limits of the climate movement’s fear-based narrative, Afrofuturist and other resistance movements bringing Rob and Michael hope, and what it means to build a mass longing for a better world. We also did a live imagination exercise with the audience – and you'll want to stick around for it. This was the first-ever live interview on the Better Future podcast, recorded at ChangeNOW in Paris. Learn more about Rob and his work: https://www.robhopkins.net/ [https://www.robhopkins.net/]  Find his new book, How to Fall In Love With The Future, on Spotify [https://open.spotify.com/show/0HhOfUa26JTdSuSOkmCbVJ] and Bookshop [ ⁠https://bookshop.org/p/books/how-to-fall-in-love-with-the-future-a-time-traveller-s-guide-to-changing-the-world-rob-hopkins/611f6a256c8e7910⁠]. Support the Better Future podcast by subscribing:  Substack:⁠ https://michaelmezzatesta.substack.com/⁠ [https://michaelmezzatesta.substack.com/]  YouTube: https://www.youtube.com/@michaelmezz [https://www.youtube.com/@michaelmezz]  Spotify: https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0 [https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0]  Apple: https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833 [https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833] Follow Rob on social media:  Instagram: https://www.instagram.com/robhopkins/https://www.instagram.com/robhopkins5085/ [https://www.instagram.com/robhopkins5085/] X: https://x.com/robintransition [https://x.com/robintransition] LinkedIn: https://www.linkedin.com/in/rob-hopkins-09442948/ [https://www.linkedin.com/in/rob-hopkins-09442948/] Learn more about ChangeNOW, an annual climate solution conference in Paris: https://www.changenow.world/ [https://www.changenow.world/] Timestamps: 00:00 Filling our minds with stories of hope 00:53 Introducing Rob Hopkins  02:14 Why the future is being canceled (and colonized) 03:34 The problem with the climate movement 08:02 Afrofuturism, Sun Ra, and filling the future with stories  12:15 What “longing” means - and why it matters  16:43 Filling our minds with better stories 21:39 Is climate optimism naive? 26:04 Evidence-based dreaming  29:21 Stopping the rise of the far right: the UK Green Party 33:10 Why fascism hates creativity  38:33 Afrofuturist history & reimagining the future from the US 43:20 Live exercise: Imagining a better future 48:27 Conclusion Credits: Host/Creator: Michael Mezzatesta  Guest: Rob Hopkins  Editor: Nuria Salgado  Designer: Amea Wadsworth Thanks for watching, and see you soon!

011 - Dr. Butch Ware on Dismantling the US Empire and the Two-Party System

My guest today is Dr. Butch Ware – historian, professor, and Green Party candidate for Governor of California. In this episode, Dr. Ware argues that the Democrat-Republican duopoly serves the same corporate donors, wages the same wars, and has delivered the same failed outcomes for working people – and that California's 2026 governor's race is a chance for something better. We get into why the lesser-of-two-evils argument keeps well-intentioned voters trapped, what a world built around universal healthcare, housing, and human rights could look like, and how the ongoing collapse of the US empire might be the political opportunity progressives have been waiting for. Support the Better Future podcast on Substack: https://michaelmezzatesta.substack.com/ [https://michaelmezzatesta.substack.com/] Support Dr. Ware’s campaign for California Governor: https://www.butchware4gov.com [https://www.butchware4gov.com] Note: Dr. Ware is currently appealing a legal decision (made after we recorded) that would remove his name from the California ballot. His social media channels will have updates on the status of his appeal 👇 Follow Dr. Ware on social media: Instagram: https://www.instagram.com/butchware [https://www.instagram.com/butchware] X: https://x.com/butchware [https://x.com/butchware] TikTok: https://www.tiktok.com/@butch.ware [https://www.tiktok.com/@butch.ware] Subscribe to the Better Future podcast: YouTube: https://www.youtube.com/@michaelmezz [https://www.youtube.com/@michaelmezz] Spotify: https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0 [https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0] Apple: https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833 [https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833] Follow Michael on Instagram: https://www.instagram.com/michael__mezz/ [https://www.instagram.com/michael__mezz/] Follow the Better Future podcast on Instagram: https://www.instagram.com/betterfuturepod/ [https://www.instagram.com/betterfuturepod/] 00:00 Intro: The extinction burst of American empire 00:58 Introducing Dr. Butch Ware 01:34 The viability of third party politics in California 08:00 The “lesser of two evils” trap 14:53 The corporate power behind both major parties 21:17 The extinction burst of the American empire & what comes next 24:52 What comes after empire? A vision for a care economy 35:39 Why a care economy is better for everyone 39:28 The stock market is not the economy 44:22 War, capitalism and resource extraction 49:37 Investing in wellbeing instead of empire 55:15 The UK Green Party breakthrough 1:01:05 Policy Vision: Healthcare, Housing, and Human Rights 1:10:41 Why Dr. Ware & the Greens can win 1:15:08 Conclusion Host/Creator: Michael Mezzatesta Guest: Dr. Butch Ware Editor: Nuria Salgado Designer: Amea Wadsworth Thanks for watching episode 011. Lots more on the way.

010 - Greg Stoker on Iran, U.S. Imperialism, and Why the Wars Never Stop

My guest today is Greg Stoker, a former U.S. Army Ranger who has become a prominent anti-imperialist activist, journalist, and geopolitical commentator. In this conversation, we discuss the escalating conflict in Iran and the broader forces driving U.S. military intervention abroad. Greg shares an insider perspective on how soldiers are taught to understand America’s role in the world, the pervasive influence of evangelical Christianity within the military, and the ideological forces behind U.S. foreign policy. Finally, we talk about his run for Congress (TX-31), and what ordinary people can do to challenge imperialism and build a more peaceful and democratic world. Support the Better Future podcast on Substack: https://michaelmezzatesta.substack.com/ [https://michaelmezzatesta.substack.com/] Support Greg’s campaign for Congress: https://www.stokerfortexas.com/ [https://www.stokerfortexas.com/] Follow Greg on social media: Instagram: https://www.instagram.com/greg.j.stoker/ [https://www.instagram.com/greg.j.stoker/] TikTok: https://www.tiktok.com/@greg.j.stoker [https://www.tiktok.com/@greg.j.stoker] X: https://x.com/gregjstoker [https://x.com/gregjstoker] Follow Greg’s podcast Colonial Outcasts: Youtube: https://youtube.com/@colonialoutcasts [https://youtube.com/@colonialoutcasts?si=QE3zVwjsjaa_Iu6b] Spotify: https://open.spotify.com/show/1o0MF5fJM6Wjdhm0vjx4To [https://open.spotify.com/show/1o0MF5fJM6Wjdhm0vjx4To?si=2cfdf86fa5a3491b&nd=1&dlsi=2b6d389500b541fd] Subscribe to the Better Future podcast: YouTube: https://www.youtube.com/@michaelmezz [https://www.youtube.com/@michaelmezz] Spotify: https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0 [https://open.spotify.com/show/16K0dkbk35q0mTslKJJ7z0] Apple: https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833 [https://podcasts.apple.com/us/podcast/better-future-with-michael-mezz/id1823942833] Pocket Casts: https://pca.st/podcast/2559a4c0-39f4-013e-1c18-0acc26574db2 [https://pca.st/podcast/2559a4c0-39f4-013e-1c18-0acc26574db2] Follow Michael on Instagram: https://www.instagram.com/michael__mezz/ [https://www.instagram.com/michael__mezz/] Follow the Better Future podcast on Instagram: https://www.instagram.com/betterfuturepod/ [https://www.instagram.com/betterfuturepod/] You can email Michael at michael@betterfuture.media [michael@betterfuture.media] 0:00 This is a war on the working class 1:41 Introducing Greg Stoker 2:39 Why the U.S. & Israel are waging war in Iran 6:08 U.S. capitalist imperialism and wars on the working class 11:49 Why the U.S. needs homelessness 15:32 Debunking justifications for this war in Iran 24:42 The role of radical Christian evangelicalism 29:31 Israel’s role in the “rapture” 33:20 Why evangelical ideology is useful to billionaires 37:36 AI for military targeting 40:50 Pathways toward a better future 46:24 Building coalitions across movements 57:25 Conclusion Host/Creator: Michael Mezzatesta Guest: Greg Stoker Editor: Nuria Salgado Designer: Amea Wadsworth Thanks for watching episode 10. Lots more on the way :)