All forms of wealth and security, including climate stability, biodiversity, resource availability, soil fertility, air and water purity and health, are depleted by the systemic error of running a linear economy. Linear economics consumes the basis for future growth so what is now growing fastest is unproductive activity, inactivity and instabilities. The credit crunch marks the withdrawal of faith in growth-as-usual and any reliable revival of growth and prosperity requires a switch of vision. Circular Economics The future for growth is circular economics where more economic activity would mean a faster pace of change away from waste-making and towards looking … Continue reading →
Growth from trashing the planet was never a clever idea and linear economics has now reached the end of the line. The ‘more is better’ economy does not need to be stimulated to grow nor constrained from growing. It needs to be entirely replaced by ‘positive development’ in which markets work to automatically, systematically make things better both locally and globally. The folly of endless resources extraction, endlessly unmet human needs and endless waste dumping can end. Linear economics can be replaced by ‘circular economics’ Waste-Free Growth Model A switch towards waste-free growth would preserve and regenerate material value and … Continue reading →
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