Linear Economy versus Circular Economy: A comparative and analyzer study for Optimization of Economy for Sustainability
Furkan Sariatli
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.
Keywords:
circular, linear, environment, failure, benefits, transition
Contact:
Furkan Sariatli, PhD Student, Szent Istvan University, Faculty of Economics and Social Sciences, Doctoral School for MBA, Pater Karoly ut.1, 2100 Gödöllő, Hungary, e-mail: fsariatli@anadolu.edu.tr
Date of online publishing:
16.06.2017
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