The Next Economics: Circular Economics

Abstract

Woodrow W Clark II

The “disconnection” between the everyday of life of business activity is what inspired me to seek different understandings of the situations that actors’ experience in their daily business lives. The discussions and debate are directly at the heart or core of what western industrialized capitalism has become today. Through the creation of Qualitative Economics (QE), I have done an in-depth analysis; discovered experiences; and conducted investigations of the philosophical and historical roots of science. Above all, I worked at a large research laboratory (Lawrence Livermore National Laboratory) for almost a decade and learned was science is and its practice. I found that “economics is not a science”. This is the reason why my book on Circular Economics (CE) needs to become a series of books and also a peer-reviewed journal. People, organizations, companies and governments will be able to provide the financing for new technologies, systems and creative products that are economical and hence viable for the general public to acquire for their own use. This is circular economics at work. Therefore, the dependence on linear supply-demand which does not work, can be put aside and even used in other ways related to circular economics. As this paper will show, CE is being applied around the world starting in the European Union (EU) January 2015 and now in China (July 2018). Other countries are also enacting CE. NOT in the USA except in some areas mostly through small businesses but now even large corporations who have made CE a key part of their Sustainability Programs.

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