{"id":1104,"date":"2026-02-22T10:47:47","date_gmt":"2026-02-22T10:47:47","guid":{"rendered":"https:\/\/qsconsultants.in\/blog\/?p=1104"},"modified":"2026-02-22T10:47:47","modified_gmt":"2026-02-22T10:47:47","slug":"ways-to-think-about-economy-in-the-21st-century","status":"publish","type":"post","link":"https:\/\/qsconsultants.in\/blog\/ways-to-think-about-economy-in-the-21st-century\/","title":{"rendered":"Ways to Think About Economy in the 21st Century"},"content":{"rendered":"\n

Namaste, Welcome to SAM-VAD (Together In Conversation). \u00a0In the last week of January 2026, I shared an excerpt from a reflective field note titled \u2018What AI Can\u2019t and Shouldn\u2019t Replace\u2019<\/em><\/strong>. The field note points out that, what we\u2019ll give up for AI if we\u2019re not careful is an essential degree of challenge and struggle in our pursuits which has a refining influence on our beings and defines us as humans. Therefore, we need to keep these systems as useful tools\u2014and not more.\u00a0Maintaining trust in human judgement is key to preventing them becoming insufficient replacements for our natural intelligence, as imperfect as it can be. Now, SAM-VAD (Together In Conversation) to the ones paying heed, is where we try to draw your attention to things that matter and the importance of your attention, because, \u2018Our life\u2019s experience would ultimately amount to whatever we had paid attention to\u2019.<\/strong><\/p>\n\n\n\n

Attention: is as fundamental as food; and we go blundering about, seeking ways to assuage the craving, instead of learning how to provide ourselves with what we need, sensibly and calmly. Once our attention is drawn to the mechanism of why and what we give attention to, it is as if a veil has been stripped off and we become freer in our action and choices. And that is our endavour.<\/em><\/p>\n\n\n\n

This week I bring to your attention an excerpt titled \u2013 \u2018Ways to Think About Economy in the 21st Century\u2019<\/em><\/strong>, which is from the book titled – \u2018Doughnut Economics\u2019<\/em><\/strong> \u2013 Seven Ways to Think like a 21st<\/sup> Century Economist<\/em><\/strong> by Kate Raworth, she is an economist whose research focuses on the social and ecological challenges of the 21st century. She is a Senior Visiting Research Associate at Oxford University\u2019s Environmental Change Institute, and a Senior Associate of the Cambridge Institute for Sustainability Leadership.<\/p>\n\n\n\n

Ways to Think About Economy in the 21st<\/sup> Century<\/em><\/strong><\/p>\n\n\n\n

\u201cWhat if we started economics not with its long-established theories, but with humanity\u2019s long-term goals, and then sought out the economic thinking that would enable us to achieve them?\u201d<\/em><\/strong><\/p>\n\n\n\n

The author uses a doughnut to illustrate this. The essence of the doughnut is a social foundation of well-being that no one should fall below, and an ecological ceiling of planetary pressure that we should not go beyond. Between the two lies a safe and just space for all.<\/p>\n\n\n\n

Economy is a dynamic network with myriads of interconnections and feedback loops, many of them in the insubstantial realm of ideas. We must recognize this dynamic complexity and design economic systems which are naturally regenerative. Moreover, that we must change our attitude to growth so as to avoid over-exploitation, while encouraging evolution where it is needed.<\/p>\n\n\n\n

Excerpt from <\/strong>\u2018Doughnut Economics\u2019<\/em><\/strong> \u2013 Seven Ways to Think like a 21st<\/sup> Century Economist<\/em><\/strong> by Kate Raworth.<\/p>\n\n\n\n

I am sure that you will enjoy reading the book and find it thought provoking too; to read a detailed review and buy your copy, you can click on the following link:<\/p>\n\n\n\n

https:\/\/humanjourney.us\/economy\/doughnut-economics<\/a><\/p>\n\n\n\n

Enjoy reading it with your family, friends and near and dear one\u2019s.<\/p>\n\n\n\n

Namaste.<\/p>\n\n\n\n

<\/p>\n

https:\/\/qsconsultants.in\/blog\/wp-content\/uploads\/2026\/02\/Ways-to-Think-About-Economy-in-the-2.mp3<\/a><\/audio><\/div>

Podcast: Play in new window<\/a> | Download<\/a><\/p>

Subscribe: Apple Podcasts<\/a> | Spotify<\/a> | Amazon Music<\/a> | Android<\/a> | Pandora<\/a> | iHeartRadio<\/a> | JioSaavn<\/a> | Podchaser<\/a> | Gaana<\/a> | Podcast Index<\/a> | Email<\/a> | TuneIn<\/a> | Deezer<\/a> | RSS<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Namaste, Welcome to SAM-VAD (Together In Conversation). \u00a0In the last week of January 2026, I shared an excerpt from a reflective field note titled \u2018What AI Can\u2019t and Shouldn\u2019t Replace\u2019. The field note points out that, what we\u2019ll give up for AI if we\u2019re not careful is an essential degree of challenge and struggle in   →<\/a><\/p>\n","protected":false},"author":2,"featured_media":719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,5,2],"tags":[],"class_list":["post-1104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-books","category-economics","category-reflections"],"_links":{"self":[{"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/posts\/1104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/comments?post=1104"}],"version-history":[{"count":1,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/posts\/1104\/revisions"}],"predecessor-version":[{"id":1106,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/posts\/1104\/revisions\/1106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/media\/719"}],"wp:attachment":[{"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/media?parent=1104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/categories?post=1104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qsconsultants.in\/blog\/wp-json\/wp\/v2\/tags?post=1104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}