TitleGoing Full Circle: How to Implement Circular Economy
AbstractIn society’s quest for progress in every single aspect of life, humanity has clearly pushed the boundaries of what can be exploited out of nature past the limit in the last few years, which has resulted in severe climate change and scarcity of resources. To avoid facing a catastrophic crisis, this thesis discusses the logic and philosophic shortcomings of our current linear economy in relation with both philosophical thinkers and ideas such as the Lockean proviso or John Rawls’ politic theory, and tools and thought processes used in the business world to talk about economics such as Maslow’s Hierarchy of Needs or game theory. The first chapter of this thesis discusses the reasons to abandon capitalism and the current linear economy models and engages in metaphysical thought of the concept of economics to build the minimum framework of what is expected of an economic model. The second chapter addresses in depth the model of linear economy and why it fails to fulfill the minimum requirements of a desirable economic model. The last chapter talks about circular economy as the logical evolution and alternative to linear economy models. It builds a model proposed as a possible future of a global circular economy implementation. It explains how circular economy fulfills with the minimum requirements of a desirable economic model and introduces the concepts of duality of property and the attribution of life and death to objects that hold sentimental value as necessary to reach that goal.