Herman Daly's Economic Doughnut

Herman Daly's Economic Doughnut model illustrates a sustainable economic system within two boundaries: the outer boundary represents environmental limits, ensuring we do not deplete natural resources or harm ecosystems, while the inner boundary signifies social foundations necessary for well-being, such as health, education, and equity. The ideal economic activity occurs in the space between these boundaries, where society can thrive without exceeding ecological limits or failing to meet basic human needs. This model emphasizes balancing prosperity with sustainability, promoting a holistic approach to economics that prioritizes both people and the planet.