In early February of 2022 a news caster warned that the US may be about to lose itâs status as a world superpower to China, based on the GDP. The Gross Domestic Product is the total market value of the goods and services produced by a countryâs economy. For the year 2021 the GDP of the US has been growing by only 5.7% - while that of China has grown 8.1%
The GDP system counts only cash transactions in the market and recognizes no value other than money. This means there is no value to peace and to the preservation of the environment.
Hawaii was taken over in 1898 by American sugar planters and missionaries, with the support of the US marines. For the last 16 years the Hawai'i Book & Music Festival recovers and celebrates the cultures of the islands. They bring together Hawaiian poets, storytellers and musicians, with community thought leaders and experts in Hawaiian sustainability and resilience.
In cooperation with the University of HawaiÊ»i at MÄnoa, they are also inviting international speakers. In 2021 it was the climate scientist Michael Mann, from Pennsylvania State University. And the English economist Kate Raworth, who studied economics at Oxford. Disillusioned by âmodernâ economics, she dedicated her life to changing the way economic success is measured and public policy determined.
Kate Raworth puts the needs of people first - be it food, water, housing, health, equity, and a political voice and wants them met without overshooting the Earth's ecological ceiling. This and more is laid out in her graphic presentation of three concentric circles which she tongue-in-cheek calls Doughnut Economics.
Kate Raworth is being introduced at the 16th annual Hawai'i Book & Music Festival on October 7, 2021, by Kamana-maikalani Beamer, a full professor at the University of HawaiÊ»i-MÄnoa.
DATE: 10/07/2021
CREDIT: University of HawaiÊ»i-MÄnoa https://www.youtube.com/watch?v=Lo0qCh-yJ_E
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