- a description of our foundational rule to adhere to a “piece of the cake” of global wealth and income
- our interpretation and take on evaluation, measuring and offset of contradictory measures, allowance of compromises to maximize the sum impact
Robin Hood aims to fundamentally turn the currently dominant capitalist economic system upside down, to rethink its core and to replace it with a socio-ecological transformative economic structure. Capital accumulation and redistribution to the richest of the world's population form the basis for ever greater income and wealth inequality worldwide. The overwhelming majority of people in extreme poverty live in countries of the Global South, while the wasteful lifestyles of people in the Global North are contributing to the successive and partially irreversible destruction of our environment. To change this, Robin Hood breaks the flow of capital to the rich by using the profits of Robin Hood companies to support projects fighting climate change and extreme poverty.
Robin Hood's economy is based on the concept of Doughnut Economics by British economist Kate Raworth:
The doughnut represents a “sweet-spot” where our socio-economic systems should be placed to respect both the needs of all people and the capacity of our planet.
The doughnut essentially consists of two concentric rings. The inner ring ensures that no one falls short on life’s essentials, from food and housing to healthcare and social equality, while the outer ring makes sure that we don’t overshoot with pressure on earth’s life-supporting systems, such as a stable climate, fertile soils, and a protective ozone layer.
Current dominant economic systems are far from balanced, constantly falling short and overshooting. The doughnut ring thrives in a dynamic balance between social foundations and the ecological ceiling.
This concept aims to provide a socially and ecologically just, sustainable and generally applicable framework – in short: it illustrates the social and planetary boundaries of human existence in the 21st century.