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Resource Language:

English

Regional Focus

Global

A Healthy Economy Should Be Designed to Thrive, Not Grow

Kate Raworth

Author: Kate Raworth
Grades: 9th, 10th, 11th, 12th
Subjects: Social Studies, Economics, Civics, Justice
Format: Downloadable MP4/M4V
Resource Type:
  • Video, 15 minutes 44 seconds, CC
Synopsis
  • This is a fifteen minute TED video in which the speaker offers a new model of economics.
  • The central idea involves a shift in mindset where humans thrive within ecological boundaries rather than striving for continuous economic growth.   
Teaching Tips

Positives

  • A powerful vision of stabilizing resource consumption and distribution that could be regenerative to economies, people, and the planet. 

Additional Prerequisites

  • Students would need a very basic understanding of consumerism and economic growth along with how both can impact the ecological environment to get the most out of this video.

Differentiation

  • Extension activities that invite student redesign of commodity exchange, healthcare, marketing, and economic measurements could be incorporated as part of an activity that features this video as the centerpiece.
  • There are so many opportunities to differentiate the use of this video depending on how you design and structure the learning activities that accompany it. Here are a few ideas: 
    • Activate Student Thinking: Allow students to contemplate and share examples of people who may be addicted to consumerism. Ask them for evidence that the following notion may be specifically embedded in our social environments: We can transform ourselves by buying something new. 
    • Student Design Opportunities: If publicly traded companies are under constant pressure to achieve economic growth to appease shareholders, how might a redesign of an economic system shift that pressure? 
    • Student Messaging Opportunities: Many politicians want the benefits of raising tax revenue without the negative press of raising taxes so they look to a growing GDP as a means to accomplish that. Challenge students to develop messaging around raising taxes that may not be viewed as automatically negative. 
Scientist Notes

The resource underscores the need to deploy regenerative designs to have a sustainable economy that can save the planet. This is recommended for teaching.

Standards
  • Next Generation Science Standards (NGSS)
    • ESS3: Earth and Human Activity
      • HS-ESS3-2 Evaluate competing design solutions for developing, managing, and utilizing energy and mineral resources based on cost-benefit ratios.
  • College, Career, and Civic Life (C3) Standards
    • Dimension 2: Economics
      • D2.Eco.1.9-12 Analyze how incentives influence choices that may result in policies with a range of costs and benefits for different groups.
  • Common Core English Language Arts Standards (CCSS.ELA)
    • Speaking & Listening (K-12)
      • CCSS.ELA-LITERACY.SL.11-12.3 Evaluate a speaker's point of view, reasoning, and use of evidence and rhetoric, assessing the stance, premises, links among ideas, word choice, points of emphasis, and tone used.
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  • Kate Raworth has changed how I think about economics. This video made a lasting, worldview-shifting impression on my high school students.
    8 months ago

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