Hi Ricardo et al,
My review of the video:
START OF VIDEO
Introduction to the Open Source Circular Economy
What is a Linear Economy?
The linear economy is our current economy. It is called linear because it makes a straight line from resource extraction to the land fill. It is also called the “Take, Make & Waste” economy.
- T.AKE: We take virgin resources from the planet (show this balloon next to trees)
- MAKE We make things out of it (show this balloon next to machine with saw blades), generating pollution in the meantime.
New Stage Required: You need a final stage showing manufactured products to retail and consumers buying the product and using it. - In this slide, you can then say: WASTE: Consumers throw things away after use creating mountains of land fill and oceans of plastic
The linear economy produces waste in two ways:
- manufacturing waste
- end product consumer usage and end of life waste
It is unsustainable because it has and continues to produce two serious problems
- resource shortages
- dangerous levels of waste and pollution
What is a Circular Economy?
It is an economy which seeks to eliminate the term “waste”, by complete recovery of the precious materials used in manufacturing at the end of the product life. Instead of going into a landfill, it biodegrades or returns as feedstock back to the manufacturing process.
Material therefore flows in a circle, instead of a straight line to landfill or difficult to clean pollution in the air or water. Energy used is also renewable, not polluting fossil fuel
by recirculating material, and using renewable energy, a circular economy solves the two problems created by the linear economy:
- it minimizes virgin resource extraction
- it reduces significantly or eliminates completely waste and pollution
Furthermore, there are two types of circular economies:
What is a Closed Source Circular Economy?
When knowledge is held in patents and trade secrets, it is closed source. This lack of sharing fosters competition and economic inequality. The current economy is a closed source economy. A Closed Source Circular Economy may solve ecological problems, but maintains economic inequality while doing so.
What is an Open Source Circular Economy?
When knowledge is shared freely, this fosters collaboration and reduces inequality by allowing everyone the ability to manufacture for themselves without incurring prohibitively high license fee. This improves the quality of design as well, as more minds are contributing to solve any one problem.
END OF VIDEO