Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability

Upon visiting the existing literature on the subject of linear vs. circular economy, this paper finds that, the blueprint of the current economy is hardly sustainable by using the comparative benchmarking method that drained from literature. The intrinsic mechanics of the linear economy, by relying...

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Main Author: Sariatli Furkan
Format: Article
Language:English
Published: Sciendo 2017-05-01
Series:Visegrad Journal on Bioeconomy and Sustainable Development
Subjects:
Online Access:https://doi.org/10.1515/vjbsd-2017-0005
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author Sariatli Furkan
author_facet Sariatli Furkan
author_sort Sariatli Furkan
collection DOAJ
description Upon visiting the existing literature on the subject of linear vs. circular economy, this paper finds that, the blueprint of the current economy is hardly sustainable by using the comparative benchmarking method that drained from literature. The intrinsic mechanics of the linear economy, by relying on the wasteful take - make - dispose flow, is detrimental to the environment, cannot supply the growing populace of our planet with essential services and it naturally leads to strained profitability. Elements of a plausible solution to the challenges have been around for decades, although they have only recently been compiled in to the conceptual framework of circular economy. The core ideas of Circular Economy are elimination of waste by design, respect for the social, economic and natural environment and resource-conscious business conduct. Built on the backbone of these principles, the circular economy has demonstrated to deliver tangible benefits and viability to address the economic, environmental and social challenges of our days.
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spelling doaj.art-190f62ac4cfd49aeb2c8a7ddff5c98512022-12-22T03:13:48ZengSciendoVisegrad Journal on Bioeconomy and Sustainable Development1339-33672017-05-0161313410.1515/vjbsd-2017-0005vjbsd-2017-0005Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for SustainabilitySariatli Furkan0Szent István University, Gödöllő, HungaryUpon visiting the existing literature on the subject of linear vs. circular economy, this paper finds that, the blueprint of the current economy is hardly sustainable by using the comparative benchmarking method that drained from literature. The intrinsic mechanics of the linear economy, by relying on the wasteful take - make - dispose flow, is detrimental to the environment, cannot supply the growing populace of our planet with essential services and it naturally leads to strained profitability. Elements of a plausible solution to the challenges have been around for decades, although they have only recently been compiled in to the conceptual framework of circular economy. The core ideas of Circular Economy are elimination of waste by design, respect for the social, economic and natural environment and resource-conscious business conduct. Built on the backbone of these principles, the circular economy has demonstrated to deliver tangible benefits and viability to address the economic, environmental and social challenges of our days.https://doi.org/10.1515/vjbsd-2017-0005circularlinearenvironmentfailurebenefitstransition
spellingShingle Sariatli Furkan
Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability
Visegrad Journal on Bioeconomy and Sustainable Development
circular
linear
environment
failure
benefits
transition
title Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability
title_full Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability
title_fullStr Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability
title_full_unstemmed Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability
title_short Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability
title_sort linear economy versus circular economy a comparative and analyzer study for optimization of economy for sustainability
topic circular
linear
environment
failure
benefits
transition
url https://doi.org/10.1515/vjbsd-2017-0005
work_keys_str_mv AT sariatlifurkan lineareconomyversuscirculareconomyacomparativeandanalyzerstudyforoptimizationofeconomyforsustainability