Worldwide, one person in nine does not have enough to eat.8 In 2015, six million children under the age of five died, more than half of those deaths … - Kate Raworth

Despite their current rhetoric of ‘free trade’, when it comes to trade negotiations almost all of today’s high-income countries — including the UK and the United States — took the opposite route to ensure their own industrial success, opting for tariff protection, industrial subsidies and state-owned enterprises when it was nationally advantageous. And today they still keep tight control over their key traded assets such as intellectual property.

Below the Doughnut’s social foundation lie shortfalls in human well-being, faced by those who lack life’s essentials such as food, education and housing. Beyond the ecological ceiling lies an overshoot of pressure on Earth’s life-giving systems, such as through climate change, ocean acidification and chemical pollution. But between these two sets of boundaries lies a sweet spot — shaped unmistakably like a doughnut — that is both an ecologically safe and socially just space for humanity. The twenty-first-century task is an unprecedented one: to bring all of humanity into that safe and just space.

Governments have historically opted to tax what they could, rather than what they should, and it shows.