The Circular Economy: A Wealth of Flows
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The document discusses the complexity of the economic system and its alignment with decentralization driven by consumer participation technologies. It emphasizes the importance of waste as a resource, the shift towards renewable energy, and the transition from selling goods to services. Additionally, it highlights the need to emphasize diversity and reflect true costs in pricing to support effective market operations.
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The Circular Economy: A Wealth of Flows
- 14. āā¦the increasing degree of complexity of our economic system is not in conflict with, but, will promote a tendency towards decentralisationā¦ Furthermore, it will be promoted by technologies enabling bottom-up participation of consumers in production processesā Dirk Helbing
- 17. TCiitrlceu glaore esc hoenroemy in a page ā¢ worldviews matter ā how we think and learn ā¢ science sees a world of dynamic systems (complexity) ā¢ economics reflects science ā¢ waste = food (two cycles ā technical and biological Ā±) ā¢ shift to renewables ā¢ shift from selling goods to services/performance ā¢ rebuild/maintain capital to increase useful flows ā¢ celebrate diversity* ā look for effectiveness ā¢ prices as messages to reflect full costs to assist markets ā¢ money and finance? See *diversity and Ā± productive economy www.ellenmacarthurfoundation.org
Editor's Notes
- #18: Circular economy is full list ā but concentrating on a few items here