THE CIRCULAR ECONOMY, A WEALTH OF FLOWS

Abstract

The author argues that our linear - take-make-and-dispose - economy is a 19th-century heritage adrift in our 21st-century reality. The time is right to move towards a circular economy - a regenerative model based around feedback-rich flows allied to new business models. The economic advantage lies in designing out waste, enabling access over ownership, using material in cascading systems and radical reource productivity with the prospect of rebuliding capital and resilience. A circular economy has profound consequences for employment, education, money and finance but also induces a shift in public policy and taxation. The Circular Economy: A Wealth of Flows gives a stimulating overview of this emergin framework for economic porperity reinvented.