Meet the Economy
Exploring the four core spheres of activity at the heart of the economy: the market, state, household and commons
Version 1.0 (September 2020)
Overview
This series of lessons introduces the four core spheres of economic activity: the market, the state, the household and the commons. It explores how these can provision for our needs and looks and what it might mean to create a healthy balance between them for a thriving economy. The first lesson starts with the student’s experience of the economy and introduces the Embedded Economy. Lessons 2 and 3 introduce each of the four spheres of activity and explore their very different qualities and caveats. And the final lesson draws them together to explore the tensions, power and synergies between them.
Click here for a printable version of the Embedded Economy diagram in over 25 lanugages.
Lesson Outcomes
- Learn about the market, state, household and commons and explore their qualities and caveats
- Think critically about what a healthy balance across these four spheres of activity might look like
- View the four spheres of activity through one’s own lived experience
Who is it for?
Educators | Students aged 16+ | Communities
How long does it take?
4 x 90 minute lessons
One day-long workshop (6 hours)
How many people is it for?
10 - 40
What materials do you need?
Screen or projector, 3 large sheets of paper or boards to write on, materials for the creative expression (see lesson four, part 3)
Acknowledgements
Original content by Kate Raworth. Lesson plan written by Rob Shorter and Kate Raworth. Additional contributions from Carlota Sanz, Andrew Fanning and Stephanie Leite.
Links
Open the lesson plan in Google Docs
Open the accompanying presentation in Google Slides
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Lorna Westwood
Chamonix-Mont-Blanc, Haute-Savoie, France
I'm working towards a world in which business leaves more value than it takes, and puts positive impact before profit, in service of a just and liveable future for all. I’m exploring the potential of marketing to support regenerative social, economic and ecological impact. I share a vision that collectively, as marketers, we can transform our industry from an extractive system into a fairer, kinder, more ethical and responsible place, which encourages sustainable societal behaviour change in the process, and makes sufficiency a desirable outcome. I work as a marketing consultant, organisation designer and change facilitator for progressive business leaders who want to gain clarity, navigate change and scale their positive business impact across: strategy, people, culture, data, tech and content. I’m a committee member of the Regenerative Marketing Movement; a collective of volunteer change stewards: marketing and business professionals, copywriters, creatives, psychologists, and regenerative explorers, united by the vision of transforming the marketing discipline into a force for social and ecological regeneration.
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Fazia Smail
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Kate McLoughlin
University College Dublin
Kate McLoughlin is an Assistant Professor in Management at University College Dublin. Kate’s research focuses on the role of business for society and explores this concept from varying perspectives including sustainability, ethics, institutional logic, systems thinking, and power. The variety of stakeholders and complex inter-organisational relationships in supply chain networks provide a rich and complex context to explore themes of power, values, and practices as she is interested in political and power discourses in the field. Kate is chair of the ‘Operations, Logistics and Supply Chain Management’ SIG in the British Academy of Management, a member of EurOMA’s Sustainable Operations and Supply Chains Forum and IPSERA, and reviews for a number of leading journals in the field.
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Rachel Lyn Rumson
Maine, USA
What brings me to this community is that I work in my community for climate and economic action. I started a low-profit limited liability company to continue my work as a "permaculture developer" which is a planning and development approach to applied permaculture and design thinking. I am an activist that is committed to social innovation and I have a fierce ecological imagination. I have been writing and practicing "regenerative leadership" the best I can since 2007. Being an ancestor that did something is a deep edge and I work on my own healing there, as part of our collective healing. This is the scale where my leverage is the greatest and my capacity as a facilitator expands. I have navigated the local governance structure and funding opportunities, (not always has my work been funded) to offer a program that started a week ago, as 207permaculture. The day that I signed a contract with the State of Maine to provide services to three municipalities and one school district, for one year, to activate a network that will learn together and act together on climate and economic projects in the region, I saw The Schumacher Institute talk by Kate Rawworth in my email box. After the talk, joined my action co-lab would be well served to use these tools. The intergeneration and interdisciplinary group of leaders that gather will be approaching their town leadership and the State's Climate Action Plan Program Director with a vision of a thriving rural bioregion, and request support for their action plans. It is my hope that they will spinning off several other social innovations, educational pathways and businesses as well. I have a BA in Sociology from the University of Southern Maine, a MA in Applied Behavioral Science from the Leadership Institute of Seattle at Bastyr University, Advanced Permaculture Design Certifications, Soil Food Web Lab Certification. I am a Mom, a friend, a sister, a partner, unwed, a home cook, a future ancestor, a grant writer, a group facilitator, an educator and an serial entrepreneur. My pronouns are she and her.
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Ole Kristian Ouff
Sandnes, Norway
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Phil Holden
Shropshire, England, United Kingdom
I'm the Manager of the team that works for the Shropshire Hills National Landscape. We have been exploring the Doughnut model for a few years and are now trying to apply it through our next five year Management Plan for the area.
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Luciano Villalba
Tandil, Buenos Aires Province, Argentina
Hello, I am Luciano, from Argentina. I have a degree in industrial engineering and then I made a Master and a PhD in Environmental Sciences. My fields of interest are environmental history, the studies of sciences and technologies, the circular economy, sustainability transitions, etc., etc.!
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Christian Zauner
Vienna, Wien, Austria
Background in Software & IT, Entrepreneur, Coaching, Teambuilding, Organisation Development and Tuning, Risk & Project Management. "Founding Father" of Parents For Future Global (+ Austria and Vienna), Supporting Member of Scientists For Future Austria, Director & Trustee at ClimateScience.org Member of the organizing team for "Doughnut Wochen Wien", which is still the working title.