This economic trend focuses on recycling and combats the problems facing the environment.
The economy studies the most efficient methods to satisfy material human needs, using scarce goods. In that sense, there are different currents that aim at economic development coupled with the benefit of some sectors. Along these lines, a theory called circular economy.
This current responds to an economic model that focuses on reduce the use of raw materials, repair or reuse components, and recycle waste. Along these lines, through the circular economy we seek to extend the useful life of products to the maximum, so that they follow a cyclical model in which nothing is wasted.
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The history of the circular economy
Although the circular economy does not date from a specific year, it was popularized in the late 70’s. It was academics, companies and other opinion leaders who adopted this system in modern economic models, from which different philosophical currents were born.
A clear example of this is Cradle to Cradle (from cradle to cradle), a concept created by the German chemist Michael Braungart and the American architect Bill McDonough. They compared industrial and commercial processes with a manufacturing process. biological metabolismin which waste is considered nutrients that can be reused.
Likewise, other thinking models were also developed, such as performance economics, industrial ecology, natural capitalism, the blue economy and regenerative design. All of these respond to the circular economy and seek to adapt it to current models.
The circular economy differs from the linear economyits natural opposite, which preaches “take, make and throw away.” This model does not consider caring for the environment.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
