Circular Economy – Between Theory and Practice

Misunderstanding terms like ciclicity, circularity, and nonlinearity can bring about confusion and endanger a good idea, tested by industrial ecology and widely known as “dematerialization of the economy”. That is why the main the objective of the present article is to clarify the concept of “cir...

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Main Authors: Costel Negrei, Nicolae Istudor
Format: Article
Language:English
Published: Editura ASE 2018-05-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/temp/Article_2733.pdf
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author Costel Negrei
Nicolae Istudor
author_facet Costel Negrei
Nicolae Istudor
author_sort Costel Negrei
collection DOAJ
description Misunderstanding terms like ciclicity, circularity, and nonlinearity can bring about confusion and endanger a good idea, tested by industrial ecology and widely known as “dematerialization of the economy”. That is why the main the objective of the present article is to clarify the concept of “circular economy” and explain its relation with the operating laws of the economic system and the new scientific breakthroughs in systemic ecology. A secondary aim is to identify the means through which the dematerialization of the economy operates, to highlight its limits, by underlining the difference between economic growth and development and waste generation. The research methodology comprises the following stages: • Identifying the problems encountered by the concept of “circular economy” • Coming up with an analysis of the “cause-effect” relationship • Identifying the main opinions about “circular economy” expressed in the literature • Assessing to what extent the idea of “circularity” in economics has been validated. The aims of this research have led to the necessity of reaching an agreement between concepts like the economy of functionality, the adaptive economy and the specializationintegration relation.
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spelling doaj-art-e09afe6243b94683b1a15f442ccf03162025-08-20T02:03:57ZengEditura ASEAmfiteatru Economic1582-91462247-91042018-05-01204849850910.24818/EA/2018/48/498Circular Economy – Between Theory and PracticeCostel Negrei0Nicolae Istudor1Bucharest University of Economic Studies, RomaniaBucharest University of Economic Studies, RomaniaMisunderstanding terms like ciclicity, circularity, and nonlinearity can bring about confusion and endanger a good idea, tested by industrial ecology and widely known as “dematerialization of the economy”. That is why the main the objective of the present article is to clarify the concept of “circular economy” and explain its relation with the operating laws of the economic system and the new scientific breakthroughs in systemic ecology. A secondary aim is to identify the means through which the dematerialization of the economy operates, to highlight its limits, by underlining the difference between economic growth and development and waste generation. The research methodology comprises the following stages: • Identifying the problems encountered by the concept of “circular economy” • Coming up with an analysis of the “cause-effect” relationship • Identifying the main opinions about “circular economy” expressed in the literature • Assessing to what extent the idea of “circularity” in economics has been validated. The aims of this research have led to the necessity of reaching an agreement between concepts like the economy of functionality, the adaptive economy and the specializationintegration relation.http://www.amfiteatrueconomic.ro/temp/Article_2733.pdfcircular economyentropydematerializationindustrial metabolism
spellingShingle Costel Negrei
Nicolae Istudor
Circular Economy – Between Theory and Practice
Amfiteatru Economic
circular economy
entropy
dematerialization
industrial metabolism
title Circular Economy – Between Theory and Practice
title_full Circular Economy – Between Theory and Practice
title_fullStr Circular Economy – Between Theory and Practice
title_full_unstemmed Circular Economy – Between Theory and Practice
title_short Circular Economy – Between Theory and Practice
title_sort circular economy between theory and practice
topic circular economy
entropy
dematerialization
industrial metabolism
url http://www.amfiteatrueconomic.ro/temp/Article_2733.pdf
work_keys_str_mv AT costelnegrei circulareconomybetweentheoryandpractice
AT nicolaeistudor circulareconomybetweentheoryandpractice