doughnut economics

a new compass for the 21st Century

Rethinking Prosperity

For too long, success has been measured by how fast the economy grows.
But growth alone doesn’t guarantee that people have what they need—or that the environment stays healthy.

Doughnut Economics gives us a new way to think about prosperity.
It asks two simple but powerful questions:

  1. Are we making sure that everyone’s basic needs are met?

  2. Are we living within the limits of our planet?

Why a doughnut?

The Doughnut is based on the social priorities of the UN Sustainable Development Goals and the 9 planetary boundaries of Earth Systems Science

The inner ring is the social foundation. It represents the basic things everyone needs: food, water, housing, healthcare, education, political voice, peace, and equality.

The safe space between these two rings is where humanity can thrive.
It’s where every person can live well without harming the planet.

The outer ring is the ecological ceiling. It marks the limits we must respect to protect Earth’s life support systems: a stable climate, clean air, fertile soils, and thriving biodiversity.

Changing the way we think about economics

For too long, traditional economics has taught ideas that no longer work for our world today.
Doughnut Economics challenges these old ideas with a fresh approach.

Doughnut Economics proposes an economic mindset that’s fit for our times. Oxford economist Kate Raworth has set out seven principles for thinking like a 21st-century economist – inviting us to rethink the story.

Flip each box to see how Doughnut Economics reimagines old ideas for a thriving future.

Old Idea

Growth is always good

THRIVING IS THE REAL GOAL

Success isn’t about growing endlessly. It’s about building a community where everyone’s needs are met, and the planet is protected.

Old Idea

Nature is an endless resource

The economy depends on the living world

We can’t treat Earth like an endless resource. Our economy must work within nature’s limits to sustain life for future generations.

Old Idea

Nature is an endless resource

The economy depends on the living world

We can’t treat Earth like an endless resource. Our economy must work within nature’s limits to sustain life for future generations.

How We build a Thriving Community

To create a healthier future for Lethbridge, we follow these guiding ideas based on the doughnut economy:

Change the Goal

Focus on thriving, not endless GDP growth.

Our economies are often based on endless GDP growth, chasing bigger numbers without asking if people’s needs are met or if the environment is protected.
Here in Lethbridge, we are working toward a new goal: thriving together in a safe and just space—what we call “getting into the Doughnut.”

See the Big Picture

The economy exists within society, and society exists within the environment.

We often hear about the power of the market to provide for us, but we must take a step back to see the big picture of the economy as embedded within, and dependent upon, society and the living world.

Nuture Human Nature

People are cooperative and social—not just selfish and competitive.

Doughnut Economics recognizes that humans aren’t just self-centered, acting in isolation, or behaving in predictably “rational” ways, but are caring beings, adapting to their social context, and can nurture cooperation.

Here in Lethbridge, we believe nurturing cooperation, empathy, and social connection will be key to building a resilient, thriving community.

Think in Systems

Everything is interconnected. Small actions ripple out.

Economies are not machines that can be fine-tuned—they are living systems, like the roots of a forest, made up of independent, interconnected agents.
At Imagine Lethbridge, we embrace system thinking, knowing that change happens through relationships, feedback, and shared learning

Be Distributive

Extreme inequality is not inevitable—it’s a result of choices about how economies are designed.

We recognize that there are many ways to design economies to be far more distributive of value among those who help to generate it.

We are committed to building a Lethbridge that shares opportunities, power, and resources more fairly, recognizing that everyone who helps build the city’s success should benefit from it.

Create to Regenerate

Give back to nature, not just take.

Environmental degradation isn’t an accident—it’s the result of extractive, one-way industrial design. We can create a truly circular economy instead of thinking that someone else will clean up our mess.

 

In Lethbridge, we are working toward systems that give back to the planet: supporting renewable energy, zero waste principles, sustainable neighborhoods, and regenerative local economies.

Aim to Thrive

Growth is good when it helps; bad when it harms.

Doughnut Economics rejects the idea that economies should grow whether or not they make us thrive, and advocates for an economy that makes us thrive whether or not it grows.

Imagine Lethbridge envisions an economy focused on helping everyone thrive, whether or not it grows in size, because true prosperity is measured in well-being, not just numbers.

Are You Ready to Make a Difference?

Join us in transforming Lethbridge into a vibrant community that reflects Doughnut Economics. Your ideas and actions can lead to a sustainable future where everyone’s needs are met while caring for our planet. Together, we can make meaningful change.

Your Voice Can Make a Difference

Thank you to the Doughnut Economics Action Lab for their knowledge, encouragement and support of Imagine Lethbridge