Ecological Responsibility and Sustainable Development as Preconditions for Development of the Concept of Circular Economy

Abstract

Ethical and ecological responsibility represent the root of sustainable development taking into account intergenerational justice. Mass production and consumption have left negative effects on the environment. Disregarding ecological responsibility, production processes were mainly based on uncontrollable use of raw materials and non-renewable energy sources. Taking into account limitation of raw materials, economic and ecological disasters, a concept of resilience has been developed to make all elements of society flexible in terms of unwanted shocks. This chapter describes two conceptual economic models: linear and circular. The linear model is based on the principle “take, produce, consume, and throw,” meaning that usability of waste is reduced and that waste is simply thrown out after consumption. Circular economic model takes into account environmental responsibility, but it also makes companies more competitive. Waste is treated and processed adequately and used as raw material in production, thus increasing competitiveness. Waste that cannot be processed is disposed permanently.