Linear to Circular: an Alternative Model of Economic Development

Author:

Egorova E.1

Affiliation:

1. Moscow Circular

Abstract

With the beginning of the Industrial Revolution we have been following a linear economic model. The shortcomings of this system, with its pressure on nature and its focus on constant economic growth, have now become so obvious that they beg the question: where do we go from here? There is an alternative to this obsolete economic model, the so-called circular economy. In this article, we review its basic ideas and structural features.

Publisher

LLC "Factory of Positive Changes"

Reference4 articles.

1. Raworth, K. (2017). Doughnut Economics. Seven Ways to Think Like a 21st-Century Economist. Chelsea Green Publishing.

2. Braungart, M. & McDonough, W. (2021). Cradle to Cradle: Remaking the Way We Make Things. Ad Marginem.

3. Siderius, T., & Zink, T. (2022). Markets and the Future of the Circular Economy. Circular Economy and Sustainability, 1-27. DOI: 10.1007/s43615-022-00196-4

4. Friant, M. C. (2021). The Circular Economy: Societal Transformation or Economic Fairytale? Retrieved from: https://revolve.media/the-circular-economy-societaltransformation-or-economic-fairytale-2/. (accessed 05.06.2023).

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