Ellen MacArthur Foundation - Towards The Circurlar Economy Vol. 2
Amelia Majid | 30 Jul 2020
The last 150 years of industrial evolution have been dominated by a one-way or linear model of production and consumption in which goods are manufactured from raw materials, sold, used, and then discarded as waste. This model has been exceptionally successful in providing affordable products to consumers and material prosperity to billions. In developed economies, it has largely displaced a traditional economy that featured more reuse and regeneration but required more labour and produced lower returns on investment.