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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Format: | Article |
Language: | English |
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Sciendo
2017-05-01
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Series: | Visegrad Journal on Bioeconomy and Sustainable Development |
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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. |
first_indexed | 2024-04-12T22:37:53Z |
format | Article |
id | doaj.art-190f62ac4cfd49aeb2c8a7ddff5c9851 |
institution | Directory Open Access Journal |
issn | 1339-3367 |
language | English |
last_indexed | 2024-04-12T22:37:53Z |
publishDate | 2017-05-01 |
publisher | Sciendo |
record_format | Article |
series | Visegrad Journal on Bioeconomy and Sustainable Development |
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 |