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The Circular Economy Show Podcast
Shaping the future with the performance economy | The origins of the circular economy
Aug 13, 2024
Walter Stahel, the author of The Performance Economy and a leading expert on circular economy principles, joins to discuss pivotal topics. He emphasizes the impact of selling performance over products, which could transform industries and enhance job creation. The conversation touches on sustainable taxation, national security linked to resource efficiency, and the importance of policy reforms. Stahel introduces the 'lake economy' concept, highlighting local reuse versus global recycling and the potential for a labor-intensive circular economy to create new jobs.
24:04
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Quick takeaways
- Transitioning to a performance-based economy can transform industries by retaining product ownership and reducing resource extraction.
- Implementing sustainable taxation that favors labor over non-renewable resources can enhance job creation and support the circular economy.
Deep dives
Resource Price Paradigm Shift
A significant shift in how resources are valued is expected in the 21st century, moving from a long trend of decreasing prices to a scenario where resource costs will consistently rise. This shift emphasizes the importance of managing existing resources to ensure security for businesses and nations alike. The concept of selling goods as services is essential in this context, allowing companies to retain ownership of their products while reducing the need for constant extraction of new materials. This approach not only helps maintain resource security but also positions businesses favorably for sustainable economic growth.
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Discover
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