Kate Raworth [Archive.org URL]

I think every student should learn there are four fundamental forms of provisioning: through market exchange, through the state providing public goods, through household unpaid care and households and communities, and the self-organizing without market or state in the commons. Almost any good that you care to think of can be provided in any one of those four ways. Then you’ve got a much more interesting start, saying when is each of these provisioning systems actually the best way? How can they work together, the commons and the market? The commons and the state? The market and the state? Give these economic students that start, and they will come up with such better innovations for this century.

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