![]() ![]() This is called the principle of supply and demand. Moreover, this model is constrained to limitless growth in order to meet the ever-increasing demand of the population. The problem with this model is that if we continue in this logic, we will soon run out of resources and landfills. These objects are then sold to consumers who make a single use before throwing them in the trash. The industry manufactures objects from fossil energy and earth resources. ![]() For a long time, our economy has been based on a "linear" model: produce-use-discard. The author starts with a simple explanation on our current economic system works. A viable economy should be balanced within two limits, illustrated by the author with a "doughnut", which is respect for the environment (upper ring) and respect for the social foundation conditions (lower ring). This professor of economics at Oxford University proposes an economic model not based on infinite growth, but on the balance between overexploitation of our natural resources and respect for our society. This is what author Kate Rayworth proposes in her very interesting book entitled "Doughnut Economics". I would say even more that it concerns the very foundations of our economic model. ![]() ![]() The environment is a much broader issue that affects all sectors of our economy. Whatever politicians say, it's a bit simplistic to think that all environmental problems will be solved by converting all to electric vehicles. ![]()
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