Affordability and inclusion: designing for a circular economy
Streamed on 10th November 2020
Streamed on 17th November 2020
Do we really understand the economy? Do we truly know how money works? Join us in this episode as Stephanie Kelton discusses the role of Modern Monetary Theory in shifting common misconceptions around government deficits. We tend to associate deficits with negative connotations such as rising taxes and destabilisers of the economy. However, is this the result of the deficit itself or rather the decision making of governments? Is it possible to shift our use of government deficits towards boosting job creation, driving innovation, and propelling us towards an economy of regeneration and restoration; a circular economyA systems solution framework that tackles global challenges like climate change, biodiversity loss, waste, and pollution. It is based on three principles, driven by design: eliminate waste and pollution, circulate products and materials (at their highest value), and regenerate nature.?
The Ellen MacArthur Foundation works to accelerate the transition to a circular economy. We develop and promote the idea of a circular economy, and work with business, academia, policymakers, and institutions to mobilise systems solutions at scale, globally.
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OSCR Registration No.: SC043120
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The work of the Ellen MacArthur Foundation is supported by our Strategic Partners and Partners.