Can you survive in the new economy?
As the supply chain disruptions have shown, our current economic model is very linear. One kink in the chain can cascade through our whole system, nationally and globally. And our linear economy assumes unlimited resources to keep production going to start the chain. But unless we start mining asteroids soon, Earth has finite resources…and climate change is reducing even those (for example, where do we get wood as forests continue to die off?).
One solution is the circular economy, but its proponents are seeing it as an ideal. Christoph Hinske of Saxion University joins us to point out the assumptions in the circular economy system, and the problems those can create. It’s a necessary process to strengthen the circular economy’s viability while we face the inevitable transition to something new in the ways we conduct business.
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Can you survive in the new economy?
As the supply chain disruptions have shown, our current economic model is very linear. One kink in the chain can cascade through our whole system, nationally and globally.