I recently read an article in TIME magazine about an interesting new economic theory called Dougnut Economics. The concept was first introduced by the British economist Kate Raworth in a 2012 Oxfam report and then developed more fully in her 2017 book ‘Doughnut Economics: Seven ways to think like a 21st century economist‘.
Raworth proposed the new economic model as a way to address one of humanity’s most challenging problems: how to reduce global poverty without depleting or damaging the planet’s limited natural resources.
The economic theory comes by its name because it is visually represented by two doughnut-shaped discs as shown below. The disc in the center represents a social foundation consisting of the basic fundamental rights all humans ought to have, like access to food & water, housing, education, work, etc. The outer disc represents earth’s ecological ceiling consisting of the environmental thresholds which cannot be exceeded if we want to guarantee the future prosperity of the human species.
The middle green area represents the doughnut, the space where humanity can thrive and progress if the planet’s boundaries are respected. Society’s goal should be to bring all of human life into the “goldilocks zone”; that sweet spot area where everyone has what they need to live a good life, but without overshooting the ecological ceiling limits which would cause further degradation of the environment and jeopardize the health of the Planet.
Capitalism has been the world’s dominant economic system since the 16th century and its adoption by the world’s fastest growing countries has transformed life on earth by helping to lift billions of people from poverty. It is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
Proponents of the Doughnut economic theory argue that capitalism is an imperfect system because it emerged during a time when humanity saw itself as separated from the web of life, one where ecological issues were ignored or labeled externalities.
The broad measure used as an economic scorecard in capitalist economic systems is the Gross Domestic Product or GDP. It is a measure of the total monetary or market value of all the finished goods and services produced within a country’s borders during a specific time period.
The Doughnut economic theory recognizes that economic prosperity depends not only on growth as measured by GDP but on human and natural well-being as well; and it encourages societies to shift to an economic model that is more regenerative and distributive than today’s capitalistic system.
They argue that continued application of 20th century economic thinking is not sustainable or responsible now that the world is aware that the planet is teetering on the edge of a climate breakdown and we know we will witness the death of the living world unless we transform the way we live.
In a doughnut world, local economies would sometimes be growing and sometimes shrinking. It recognizes that growth is a healthy phase of life but endless uncontrolled growth, like cancer, can be harmful to our overall health. Significant GDP growth may be very much needed in low and middle income countries to ensure that their communities can overcome the shortfalls that create deprivations for their citizens, while richer countries would focus not so much on growth but on maintaining their thriving social foundations but at a reduced ecological cost.
Adopting such an economic theory would help balance the inequities that are present in the world today – one where the high living standards of the people in rich countries have them overshooting the planet’s ecological ceiling, while people in poorer countries fall short of the fundamental human rights that comprise the doughnut’s social foundation.
Many economists are skeptical of the doughnut economic theory because in order for it to work it asks humans to magically become indifferent to wealth and income or how well they are doing compared to others. That is a difficult ask when the world includes 7.3 billion people.
Different class and national interests are always fighting one another and it is naïve to believe that globalized capitalism will suddenly transform itself to become more cooperative and gentle; especially when all indicators point towards citizens today becoming more commercially motivated, self-centered and focused on money and success.
I too am skeptical that something as revolutionary as a Doughnut economics system could be universally adopted given today’s political divisiveness, uncompromising culture wars, and money-fueled corporate lobbying interests. Too many rich and powerful people benefit from the economic status quo – and would use their influence within the halls of power to protect their self-interests.
However, the encouraging thing about doughnut economic programs is that they can be run at a grassroots level. Since its introduction many homes, towns, cities, and states have bypassed their national governments and done what they could to apply the concepts behind doughnut economics from the bottom up – to try and help their local societies become more resilient.
Cities have become the laboratories of doughnut economic programs. The simple way that the doughnut economic model captures both the needs of the people and the needs of the planet makes it a convenient tool for leaders to have big conversations about reimagining and remaking the future. Ideas based on doughnut economics are now being discussed, debated and put into practice in academia, business, and in town, city and national governments worldwide.
Amsterdam, Brussels, Copenhagen, Dunedin, Melbourne, Berlin, Portland and even Austin TX are examples of cities applying the new economic concepts as a way to help their cities attain social and environmental sustainability. Since the theory doesn’t lay out specific policies or goals, stakeholders are free to have constructive conversations to decide what benchmarks would help bring their communities inside the doughnut.
Amsterdam’s lofty ambition is to bring all 872,000 of their residents inside the doughnut, ensuring that everyone has access to a good quality of life, without putting more pressure on the planet than is sustainable. They have implemented a true price initiative which takes into account the carbon footprint of the goods and services they produce as well as the living wage requirements of the workers. To satisfy the dual need for more affordable housing and reduced CO2 emissions, Amsterdam has implemented laws making the use of recycled and natural materials mandatory in the construction sector and they have started transforming neighborhood parking lots into community gardens.
Without a series of universal solutions, which do not exist and will probably never exist, it will be up to the politicians and economists to determine which elements of the donut system can be implemented successfully and to what extent. Amsterdam has made a start by applying this litmus test question to all their municipal project decisions: “Will doing this project actually make our community healthy and happy?”
To all my readers, wherever you may be: I hope you are healthy and happy and living comfortably in the sweet spot of the donut – and I hope that you are thinking about what life decisions you can make today to ensure that future generations will have that same chance to have a bite out of the donut as you.
If I could go back in time, one of the things I would tell my younger self is not to worry so much about what other people think about him or inflate the importance he thinks small events will have on his future.
Because sometimes, especially when we are young, we become our own worst enemies when we inhabit a distorted world where we imagine that everybody we see is judging our every move and we worry that people will gossip about us behind our backs (or worse embarrass us on social media!) if we happen to do something outside of culturally accepted norms.
These worries can be harmful if they cause us to withdraw and lead a cautious life. Instead of living in the moment and boldly taking on new and interesting challenges, we play it safe and stop taking chances because we are frightened how people will view us if we make a mistake.
We think that if we don’t make a good impression, then we will be ridiculed or ignored, forever limiting our opportunities to succeed in the future. Constantly worrying about what others think about us can lead to anxiety and even depression, but even worse, it prevents us from achieving our full potential.
What I would tell my younger self is that the truth is, in most cases, that other people are not thinking about you! They are too wrapped up thinking about themselves and their own life to waste time thinking about or remembering anything that we do (good or bad). I laugh when I look back now at all of the small things that seemed so big to me when I was young and I realize I assigned them way more importance in my mind than they deserved.
When I was in school, I remember being paralyzed with fear at the thought of public speaking . In Junior High, the Principle asked me to get up at an Assembly and introduce an act in front of the whole school. I practiced the introduction over and over and thought I had it memorized; but when the lights came up and I was facing the entire Assembly, I completely blanked, muttered something incomprehensible, and stumbled backstage.
I was mortified and walked around for the rest of the week with my eyes downcast, imagining that all my classmates were talking about me and my embarrassing performance. That episode left a mental scar that stayed with me throughout high school. I would have anxiety whenever I was asked to speak in front of an audience. My mind kept imagining another disaster – and even when I managed to get through a speaking assignment without a major mistake – my thoughts kept focusing on how I should have done better.
I didn’t start to feel comfortable speaking in public until I went to College and attended a Speech class that exposed me to methods for dealing with anxiety and the practice of focusing on positive outcomes rather than the fear of failing. That young boy who feared public speaking would never have believed that his older self would someday speak to an audience of hundreds at engineering conferences, participate as a Lector in his church community, happily officiate weddings for friends and family and deliver eulogies to honor the deceased.
I’m sure nobody but me thinks back to that moment in 1973 when I flubbed my speech in front of the school assembly; and my worst fears about being ridiculed by my classmates never happened. My friends joked with me saying they were glad the Principal hadn’t asked them to do the introduction and the rest of my classmates quickly forgot the incident as they were too occupied concentrating on all the events and drama happening in their own life.
That moment and other traumatic events in my life, like failing my first driving test or watching the Red Sox choke away the World Series to the New York Mets in 1986 have taught me an important life lesson that is best summarized by an expression coined by the great Charlie Chaplin:
“Nothing is forever in this world, even your problems”
Charlie Chaplin
Charlie Chaplin from the film “Modern Times”
Chaplin was no stranger to problems. His childhood in London was one of poverty and hardship, as his alcoholic father was absent and abusive and his mother was committed to a mental asylum when he was 14. He was sent to live in a workhouse twice before the age of nine. Reminiscing upon his childhood, Chaplin wrote “I was hardly aware of a crisis because we lived in a continual crisis; and, being a boy, I dismissed our troubles with gracious forgetfulness“.
Despite these less than ideal childhood circumstances, Chaplin managed to start performing in music halls and working as a stage actor and comedian, where he developed his Tramp persona. He was scouted by the film industry and moved to America where he began appearing in comedies starting in 1914. Within four years he became one of the best known figures in the world.
Troubles found their way into Chaplin’s life again in the 1940s when a number of controversies led to a rapid decline in his popularity. He was accused of communist sympathies, and some members of the press and public found his involvement in a paternity suit, and marriages to much younger women, scandalous. A politically motivated FBI investigation against him was opened by J. Edgar Hoover which forced Chaplin to leave the United States in disgrace and settle in Switzerland.
Chaplin eventually overcame these problems as well. He married the daughter of playwright Eugene O’Neil when he was 54 and lived happily with her and their 8 children until he died at the age of 88. During this time he was awarded honorary degrees from many prestigious universities and was finally invited back to America in 1972 when he was given a [12 minute standing ovation] at the Academy Awards for “the incalculable effect he has had in making motion pictures the art form of this century“. Charlie Chaplain continues to be held in high regard today, with his movies The Gold Rush, City Lights, Modern Times, and The Great Dictator often ranked on lists of the greatest films of all time.
I think about Charlie Chaplin’s wise observation that nothing lasts forever in this world when I encounter problems in my life that seem as if they are insurmountable. I try not to worry so much about what other people are thinking and remind myself that life will go on, problems will eventually fade, and other people’s opinions can not defeat me or define my future as long as I remain productive and engaged in positive pursuits. It gives me hope to believe that all suffering eventually ends.
There is one final point that is important for us all to consider; which is that just as troubles do not last forever, neither do the good times. This is an unfortunate corollary to Chaplin’s idea that often goes without saying. Sometimes we take the good times for granted and fail to fully appreciate our good fortune.
So, I hope that when things are going well in your life, you find time to slow down, live in the moment and acknowledge your blessings, because the good times become all the sweeter when you realize that they will not last.
Time is a familiar but mysterious concept. We think about and use it every day, yet it is difficult to describe what it actually is. Saint Augustine puzzled about time when he wrote, “What is time? If no one asks me, I know. But if I wish to explain it to someone who asks, I know not.”
Poets and philosophers throughout the ages have eloquently tried to capture how their senses perceive Time by using phrases such as; “Time is fleeting“, “Time waits for no man“, “Time heals all wounds” and “Time stands still“. None of these phrases, however, succeed in advancing a deeper understanding of the mystery that is Time.
My background in engineering led me to wonder about the concept of Time beyond the typical artistic and philosophical musings – to explore what science actually had to say about the mysterious subject. So, with curiosity and time on my hands, my search led me to an online course called the Physics of Time. In this month’s blog I will share some of the interesting insights I learned about Time from that course.
Time can be examined from two separate scientific perspectives. The first is a biological perspective which deals with internal human body clocks and how the brain processes and perceives time. The second is an external cosmological perspective which has to do with the origin and evolution of time in the known universe.
Human bodies and brains have a natural way to recognize the passing of time because we have predictable biological clocks – like breathing and the beating of our hearts – that exist within each of us .
With a heart rate of about 60 beats per minute and a lifespan of roughly 70 years, the human heart will beat approximately 2 billion times. Chickens have a much faster heart rate of about 275 beats per minute, and live only 15 years – but their hearts, in the end, will also have 2 billion lifetime heartbeats.
Science has observed that the hearts of most animals will beat somewhere between 1-2 billion times but there is an inverse relationship between heart rate and lifespan. In general, the faster the heart rate, the shorter the life span. I wonder if those animals who live fast and die young perceive time any differently than us longer life-span creatures.
Besides the heart and the breath, Neuroscientists have identified three kinds of timekeeping devices inside our brains. One part of the brain keeps track of what time of day it is, another part keeps track of how much time has passed while doing certain tasks and still other parts of the brain serve as alarm clocks for events set to happen in the future.
Different neuron pulses working together in the brain help us to perceive the passage of time. These pulses can be affected by stimulants, such as caffeine, and depressants, such as alcohol which interfere with neurotransmitters in ways that make our internal clocks speed up or slow down.
We experience other biological processes that don’t repeat themselves but still contribute to our awareness of time passing: We age; we think; we make choices; we plan for the future; we remember the past. All these different aspects of time are crucial to what it means to live our lives and be human beings. Perhaps the most important aspect of our awareness of the passage of time is the accumulation of experiences.
People have observed that when they are focused on a task, they don’t pay as much attention to the outside world or to their internal clock. This causes their internal timekeeping devices to slow down while the outside world speeds up. For example, I am surprised how quickly the hours elapse while I am engrossed watching my favorite sports teams compete in a big game.
In contrast, when we are bored and not focused on any one task, the opposite effect happens. Our internal clock seems to go faster while the outside world seems to slow down. For example, when I am stuck on an airplane with nothing to do, the plane trip seems to last forever.
Scientist have reported that subjects in high-stress experiments recollect that time slowed down for them during stressful events. One theory behind this phenomenon is that the more memories we accumulate, the more time we think has passed. Our brains, when we are in a high-stress situation, does its best to record absolutely everything. It accumulates a huge amount of data, so when you think about the situation afterward, you have more memories to leaf through—and, therefore, it seems as if more time has passed.
This theory gets support from the fact that time seems to pass more quickly as we age. Summer seemed to last forever when we were children, but it seems to rush by as we get older. It may be that when we were young in the summertime, such activities as going to the beach were new to us, but as we get older we experience fewer interesting new things. Our brains don’t take in as much new information and we create fewer memories than a child would; thus, time seems to pass more quickly for us compared to when we were a child.
To understand Time from a cosmological perspective is difficult because it requires the human mind to reckon with complex physical laws of the universe that were set in place at the beginning of the universe – and to consider hard to grasp time spans that are billions of years in length.
Most physicists believe Time began approximately 13.8 billion years ago with a singular event known as the Big Bang – the so called “birth” of the universe – a point where space underwent rapid expansion and the laws of physics as we understand them came into being. The Earth is about 4.5 billion years old, so it is a substantial fraction of the age of the universe.
At the beginning, all matter in the universe was densely packed and its temperature was extremely high. About 380,000 years after the Big Bang, the universe cooled sufficiently to allow the formation of subatomic particles and simple atoms. Giant clouds of these primordial elements later coalesced through gravity into matter, eventually forming early stars, galaxies and the other astronomical structures that are observable today.
The feature of matter that is inextricably linked with time is called entropy. Entropy is a way of talking about the disorderliness of “stuff” in the universe. It is the natural tendency of things to lose order over time. For example, a whole egg is very orderly, but if we break the egg, it becomes disorderly; if we scramble the egg, it becomes even more disorderly. A scientist would say that the egg moves from a low entropy state to a high entropy state.
In the long run, nothing escapes the Second Law of Thermodynamics
Entropy is the only quantity in the physical sciences that seems to imply a particular direction of progress, sometimes called an arrow of time. As time progresses, the second law of thermodynamics states that the entropy of an isolated system never decreases over significant periods of time. Entropy measurement can be thought of as a clock and things only happen in one direction of time – not the other. The past is always defined to be the direction in which entropy was lower.
The pull of entropy on matter is relentless. Everything decays. Disorder always increases. The increasing entropy of our universe over time underlies all the ways in which the past is different from the future.
It is the reason why you can disperse the scent of perfume from a bottle into a room, but cannot put the scent back into the bottle; the reason why you can mix cream into your coffee, but cannot un-mix it; the reason why cars eventually break down; the reason you remember the past and not the future; the reason you are born young and grow older; the reason you can make a choice about what to have for dinner tomorrow, but not about what to have for dinner yesterday.
When energy is in a low-entropy form, it can do useful work. When energy is converted into a high-entropy form, it becomes useless. We have fossil fuels sitting in the ground with energy in them in a concentrated form. We can extract the energy to do useful work because the entropy of the fuel is low. Once the fuel is burned it is converted to its high entropy form and it can no longer perform useful work. You can heat a room in your house by burning coal, but you cannot cool off a room in your house by unburning fuel and turning it into coal.
The common thread in these examples is irreversibility: Something happens in one direction, and it is easy to make it happen, but it does not happen in the other direction, or if it does, it is because we put effort into it. It does not spontaneously happen. Things go in one direction of time. They do not go back all by themselves.
It’s not time itself that treats the past, present, and future differently; it’s the arrow of time, which is ultimately dependent on all the “stuff” we have in the universe. It is the arrow of time that gives us the impression that time passes, that we progress through different moments. It’s not that the past is more real than the future; it’s that we know more about the past. We have different access to it than we have to the future.
Stephen Hawking combined the biological and cosmological elements of time into three distinct “arrow of time” components. First, there is the thermodynamic arrow of time—the direction of time in which disorder or entropy increases. Second, there is the psychological arrow of time. This is the direction in which we feel time passes—the direction of time in which we remember the past, but not the future. Third, there is the cosmological arrow of time. This is the direction of time in which the universe is expanding rather than contracting.
At the moment of the Big Bang our universe was in a condition of very low entropy and very high organization. That’s what got time started in the way we experience it in our everyday lives. Ever since the Big Bang, we’ve been living out the process by which the universe increases in entropy. That’s the influential event in the aftermath of which all humans live.
At this point in time the universe is in a condition of medium entropy. It is today that we have galaxies and stars and planets and life on those planets. Complexity depends on entropy; it relies on the fact that entropy is increasing. We don’t have to worry about how complexity can arise in a universe that is evolving. The simple fact that entropy is increasing is what makes life possible.
Scientists have confirmed that the universe continues to expand. Distant galaxies are moving away from us, and the farther away they are, the faster they are receding. The amount of space between us and the other galaxies is increasing.
The second law of thermodynamics predicts that the total entropy of the universe will continue to increase until it reaches equilibrium. The universe will calm down and become colder and colder. Everything will scatter to the winds, evolution will stop and we will have empty space once again. It is speculated by some that after a googol (1 x 10 to the 100th power) years from now, our universe will be empty space and that empty space will last forever.
There are some however who believe instead that multiple universes exist. According to this idea, the Big Bang was an event that is quite small in the history of a much larger multiverse. We see only a finite bit of the universe; perhaps farther away than what we can see, the universe looks very different. The fact that our own universe is inflating gives some credibility to this idea.
Those who talk about the possibility of a multiverse are simply observing that there is a barrier in our universe’s past beyond which we cannot see. Is there a finite amount of stuff out there? Is there an infinite amount of stuff that works exactly like the stuff we can see? Or is there an infinite amount of stuff and conditions that are very different from place to place? Until scientists can answer these questions, they can only speculate.
Regardless of which theory you believe about how the universe will ultimately evolve, we can say that all scientists agree that the universe is a complicated system, embedded in an environment that is far from equilibrium and that there is something called entropy that characterizes the organization or disorganization of us and our environment and results in the evolution of matter.
No discussion of Time would be complete without mentioning one of the most important contributions ever made to science – Albert Einstein’s 1905 publishing of the Theory of Special Relativity. Before Einstein, physicists thought of time as simple and absolute, a steady linear flow separate from the three dimensions of space.
Einstein showed that time is not simple and absolute but is actually influenced by speed and gravity. He stated that there is a link between motion in space and the passage of time. Space and time are fused together in what Einstein called 4 dimensional space-time.
Einstein theorized that Time runs more slowly for an object if it is in motion. Scientists proved this by synchronizing two atomic clocks and placing one clock in a stationary location and the other clock on a plane that was flown around the world. Upon landing, the clocks were no longer synchronized, the one that had been on the plane was milliseconds behind the one that was stationary – indicating less time had elapsed for the moving clock.
With Einstein’s relativity discovery, there is no such thing as one moment of time throughout the universe that everyone agrees on. Space and time are not absolute; they are relative – which means what we call time can be different for different observers.
How much time passes for an object depends on how you move through the universe. The network of satellites in space that carry precision atomic clocks for the global positioning system must be constantly compensated because they “lose” seven microseconds per day compared to ground clocks that are operating in a “slower time stream”.
The faster something moves, the “slower” it ages. Physicists call this effect time dilation. Theoretically, under its influence, a space voyager could return to Earth after a 20-year voyage to find himself hundreds of years in the future. To carry time dilation to its absolute extreme—as we approach travel at the speed of light, it is possible that time stops and immortality begins.
Space-time, Einstein’s four-dimensional reality of our universe, is a collection of an infinite number of events, just as space is a collection of an infinite number of points indexed by the three dimensions of space. Just as we think of all space as being “out there”, Einstein said we should think of all time as also being out there: “The difference between Past, Present, and Future is only an illusion, however persistent“.
I must admit that my deep dive into the science of time raised as many questions as it answered – but that doesn’t mean my study was a waste of my time. On the contrary, I gained some wisdom about life and walk away with a list of important things to remember that will help me make the most of whatever time I have left.
Remember that we are very, very small – Mankind is like a grain of sand in the vast Sahara Desert, occupying an infinitesimally small place in the universe. The astronomer Carl Sagan said that earth is nothing more than “a mote of dust suspended in a sunbeam and our time amounts to nothing more than a blip“. Compared to the enormity of the cosmos and the eternity of time, it is wise for us to keep an attitude of humility, remembering the short duration of our life and the insignificance of our daily struggles.
Be grateful we are alive – In a world full of matter, humans have been fortunate to form over time into a remarkable collection of atoms that are alive, conscious and capable of love and memory. As far as we know, we are the most advanced form of life in the wide universe. In his book Cat’s Cradle, Kurt Vonnegut expresses wonder and gratitude for the gift it was to have become what he called some of the “sitting up” kind of mud in the universe.
“God made mud. God got lonesome. So God said to some of the mud, “Sit up!” “See all I’ve made,” said God, “the hills, the sea, the sky, the stars.” And I was some of the mud that got to sit up and look around. Lucky me, lucky mud. I, mud, sat up and saw what a nice job God had done. Nice going, God. Nobody but you could have done it, God! I certainly couldn’t have. I feel very unimportant compared to You. The only way I can feel the least bit important is to think of all the mud that didn’t even get to sit up and look around. I got so much, and most mud got so little. Thank you for the honor! Now mud lies down again and goes to sleep. What memories for mud to have! What interesting other kinds of sitting-up mud I met! I loved everything I saw! Good night. I will go to heaven now. I can hardly wait… Amen
Kurt Vonnegut “Cat’s Cradle”
Embrace change – Entropy is a natural law, we can’t repeal it or wish it away. Entropy is what helps us to evolve and it is what makes life complex and interesting. So, rather than fight change – which is inevitable – it is healthier for us to embrace the change in our life and determine how we can best use it to evolve in ways that make us better.
Be Mindful of the Present – Sometimes it can be impossible to focus entirely on the present because it comes with an echo of the past and a foretaste of the future. Our minds typically refuse to stay in the present, constantly regretting a past that can never be undone or anxiously awaiting a future that may never arrive. The mind can be trained with Mindful Meditation techniques that teach us how to live “outside of time”, focusing our attention on each passing moment, slowing our perception of time and relieving us of our anxiety over past and future events.
Get busy and try something new – Time moves more slowly for a body in motion and we perceive the passage of time as moving slower during those moments when we are creating new memories. That tells me if I want to make the most out of time I should be pursuing activities that keep me moving and learning new things.
Don’t rule out the Divine – There is agreement among scientists that the universe started in a dense state of very low entropy and that it is expanding over time towards higher entropy. The questions that still puzzle scientists however is what triggered the Big Bang event and why did the universe start in such an unlikely state of low entropy? As a man of science and a man of God, I am somehow comforted when all questions cannot be answered and there is room in the discussions for us to ponder the possibility of a divine hand in the origin of the universe.
May you enjoy your own personal time travel trip – here’s hoping that you live every moment and love every day before your precious time slips away.
Words to Live By... 