The Circular Industrial Economy in a nutshell - ‘The Circular Economy – a user’s guide
Guest Blog by: by Walter R. Stahel is the Founder-Director of the Product-Life Institute (Switzerland), the oldest established consultancy in Europe devoted to developing sustainable strategies and policies. He is Visiting Professor in the Department of Engineering and Physical Sciences, University of Surrey, and a full member of the Club of Rome. He was awarded degrees of Doctor honoris causa by the University of Surrey (2013) and l’Université de Montréal (2016). Circularity is how Nature works, and a Circular Economy is as old as humankind. But in the beginning it was a barter economy and circular sharing society driven by necessity, and characterised by a scarcity of shelter, food, materials and objects. This situation is still dominant in some world regions and regularly resurfaces after major disasters. The industrial revolution enabled society to overcome scarcity by producing objects made of wool, timber, stone, leather and few metals. These did not become ‘waste’ because...