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Topic: Will circular economy work ? (Read 381 times)

legendary
Activity: 2534
Merit: 1338
November 02, 2021, 12:33:50 PM
#52
But I fully agree this issue should be addressed:
Quote
Also part of this model is planned obsolescence, when a product has been designed to have a limited lifespan to encourage consumers to buy it again. The European Parliament has called for measures to tackle this practice.
Planned obsolescence is a shame for companies and are actually a discreet scam practice.
It is going to be very difficult to address the problem of planned obsolescence, after all companies will always be able to diminish the quality of materials or the design to reduce the lifespan of a product and hide themselves behind that, also some products already include how much usage you can expect out of them so if a person buys an inferior product instead of one that will last longer they can always argue this was what the client wanted.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
October 30, 2021, 12:51:00 PM
#51
We need more details on how it is going to work on practice, because as far as I know the products we consume are already recyclable. Shoes, clothes, accessories, furniture... Everything can be reused if the correct procedure is used when dealing with the waste coming from our houses. The problem is that not every areas are organized and equipped to deal with the waste properly, so much of that isn't reused.

I'm not sure if this circular economy means that, but I have already seen some extremist people who only use old stuff to wear themselves and to furnish their houses. Once they get tired of something, they go to a secondhand shop and exchange their old goods for another old goods. If that is what you really mean by circular economy I think it's terrible, because this way people will live precariously and there won't be incentive for the development of new models and technologies that could improve our life quality on long run.

But I fully agree this issue should be addressed:
Quote
Also part of this model is planned obsolescence, when a product has been designed to have a limited lifespan to encourage consumers to buy it again. The European Parliament has called for measures to tackle this practice.
Planned obsolescence is a shame for companies and are actually a discreet scam practice.
legendary
Activity: 2534
Merit: 1338
October 30, 2021, 11:26:42 AM
#50
there are enough people that buy the brand new one as well, it is quite expensive and for some reason all over the world we get to see so many new iphone 13's get sold as soon as it comes out. Which is a proof that if you can't convince people to not buy the brand new one each time it comes out, then you can't make circular economy work neither.
I agree that we cannot convince most people for re-using all day to day things which is specifically true for the case of electronic goods; people love to use the latest versions for social status reasons. If we go this way then I guess we must need to first convince electronic good manufactured for creating more sustainable model which may last for at least 3 to 5 years which again will help people not to go for latest versions on yearly basis (in between manufactures must stop releasing yearly new versions). Overall, when most people agree and work for re-using then only circular economy will be possible.
I agree that it is difficult to do this now as the tendency is to always think that the latest gadget is the best simply because it is the latest, however at some point we are going to hit the limit of what we can do with the resources we have available and this means that a change in the consumption culture will need to happen, that does not mean buying a smartphone every 10 years or only having a pair of shoes, by just extending the time we use our current devices by a year or two it will greatly help to diminish our current consumption.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
October 28, 2021, 12:05:04 PM
#49
there are enough people that buy the brand new one as well, it is quite expensive and for some reason all over the world we get to see so many new iphone 13's get sold as soon as it comes out. Which is a proof that if you can't convince people to not buy the brand new one each time it comes out, then you can't make circular economy work neither.
I agree that we cannot convince most people for re-using all day to day things which is specifically true for the case of electronic goods; people love to use the latest versions for social status reasons. If we go this way then I guess we must need to first convince electronic good manufactured for creating more sustainable model which may last for at least 3 to 5 years which again will help people not to go for latest versions on yearly basis (in between manufactures must stop releasing yearly new versions). Overall, when most people agree and work for re-using then only circular economy will be possible.



They should also not end support for old tech like you see with certain software companies. The idea that everyone must "evolve" together to something new and leave the old behind is contributing to the problem.
You will be surprised what people can do with the old if you allow & encourage them to make it better and useful
hero member
Activity: 2856
Merit: 667
October 28, 2021, 11:12:29 AM
#48
there are enough people that buy the brand new one as well, it is quite expensive and for some reason all over the world we get to see so many new iphone 13's get sold as soon as it comes out. Which is a proof that if you can't convince people to not buy the brand new one each time it comes out, then you can't make circular economy work neither.
I agree that we cannot convince most people for re-using all day to day things which is specifically true for the case of electronic goods; people love to use the latest versions for social status reasons. If we go this way then I guess we must need to first convince electronic good manufactured for creating more sustainable model which may last for at least 3 to 5 years which again will help people not to go for latest versions on yearly basis (in between manufactures must stop releasing yearly new versions). Overall, when most people agree and work for re-using then only circular economy will be possible.
I really think it's hard for a circular economy to work since most of the people nowadays are more on brand new and more on high technology gadgets that most manufacturers will have a new release every year. It could be very less likely to work particularly for those people who have enough money to buy such new things.

However, for poor people, circular economy does work all the time since poor people don't have any choices either. But honestly, if they will be given money to buy new things, they would not sustain on using old but reusable things. I guess everyone wish to have brand news all the time. And that circular economy will find it hard to work even for those who are less fortunate people.
legendary
Activity: 2660
Merit: 1074
October 28, 2021, 07:39:36 AM
#47
there are enough people that buy the brand new one as well, it is quite expensive and for some reason all over the world we get to see so many new iphone 13's get sold as soon as it comes out. Which is a proof that if you can't convince people to not buy the brand new one each time it comes out, then you can't make circular economy work neither.
I agree that we cannot convince most people for re-using all day to day things which is specifically true for the case of electronic goods; people love to use the latest versions for social status reasons. If we go this way then I guess we must need to first convince electronic good manufactured for creating more sustainable model which may last for at least 3 to 5 years which again will help people not to go for latest versions on yearly basis (in between manufactures must stop releasing yearly new versions). Overall, when most people agree and work for re-using then only circular economy will be possible.
newbie
Activity: 98
Merit: 0
October 28, 2021, 06:21:40 AM
#46
some of circular economy its work like an business with then have also and definition and benefits are done some of ecosystems businesses barriers ,, are all managed by circular economy....
sr. member
Activity: 1036
Merit: 273
October 27, 2021, 09:35:48 PM
#45
From my point of there, people and some different countries are doing the circular economy work and likely in some parts of the world in the country are still in its process and the other parts have a long way to go or in short, has not progressed in the living of life cycle.

It is the same with people who have different points of view in life. Different people have different perspectives and different ways of life as the way they see, the way they fo economy work or the life cycle.

Different brands are working with sustainability connected to economy work, brands that I like

Adidas
Nike
H&M
Uniqlo

While here is one of the many you can know are here on my research https://www.forbes.com/sites/blakemorgan/2020/02/24/11-fashion-companies-leading-the-way-in-sustainability/?sh=140be5d26dba Not the brands that I know are provided in the link but still from what I see let's say its a 50 50 work.
------------

This is one of the things I could share to prove that the circular economy is working and at its progress to change the world.

sr. member
Activity: 987
Merit: 289
Blue0x.com
October 27, 2021, 11:51:53 AM
#44
     Such idealism is greatly needed and appreciated but the only problem is that people will always look into quality. And obviously, it isn't easy to trust such products since eventually, they tend to degrade im quality. The only people who would be willing to take such risks are the people who badly need it and have no other choice (which us a good thing since it can help people in need while reducing waste) but the thing about this is that even with cheap prices, if it does not work well it will spread bad reviews and would make even the less fortunate hesitant to buy it and instead try harder to opt for brand new items regardless of price.
legendary
Activity: 2534
Merit: 1338
October 27, 2021, 11:03:49 AM
#43
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
You agree or not, we are going to have complete circular economy in near future because all the resources we are using right now might be diminishing in its supply hence we need to adapt renewable energy resources so that we could sustain among increasing demands in our daily life. I believe there should be more innovations are needed to make use of our wastes effectively so that we could sustain against demands. If everything could be recycled then we can easily get into circular economically but as of now we are having less technology for recycling and for green and renewable energy. So, we must need to wait for a while before getting into a complete circular economy.
I agree, this is the future of the economy, while the world is full of resources we cannot continue with this rampant consumption, this does not means that we are going to need to limit ourselves when it comes to what we buy it just means that the products we will buy in the future will be of higher quality than the ones we have, also the economy follows the direction its main form of money follows, people want to use their fiat because they know they lose purchasing power if they do not, this creates the incentive to spend your money in low quality items, but with a currency like bitcoin the opposite will happen and businesses will have to offer products of better quality.
copper member
Activity: 226
Merit: 1
RangersProtocol.com
October 26, 2021, 05:51:18 PM
#42
I think the systems implemented in the circular economy are very good because they can be an alternative to the best economy because with this circular economy we can use human resources for as long as possible, extracting maximum value from them as they are used, and then recovering and recreating products and materials to the ultimate level. This will help the circular economy. become strong and it will grow well for our entire national economy, I am sure. However it has some problems to solve such as the products that come out are difficult to sell and it will be one of the biggest hurdles of the economy.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
October 25, 2021, 04:32:55 PM
#41
Consumerism is at a level where we are buying the same stuff with different names, to make people buy old stuff would be a big problem in this day and age. Sure Cuba is poor so that is why they are using old cars and all that cliche stuff to show why poverty means using circulate economy for some people, but seriously, what is the big difference between iphone 12 and iphone 13? We are getting the brand new one though aren't we? I mean not me or you personally, I use a phone that came out in 2014, so I have been doing fine, maybe I will get a new one eventually, but it will be a mid segment low price one once again and not the latest one.

However there are enough people that buy the brand new one as well, it is quite expensive and for some reason all over the world we get to see so many new iphone 13's get sold as soon as it comes out. Which is a proof that if you can't convince people to not buy the brand new one each time it comes out, then you can't make circular economy work neither.
hero member
Activity: 2926
Merit: 640
October 25, 2021, 05:45:22 AM
#40
Will circular economy work ?

The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
Depends on the product really. If you get a couch that was used for 20 years, then get it refurbished and resell it, then it is not going to be as good as the old one, this much is known. However, if you get bottles and recycle them and create new bottles out of them then you are going to be fine.

So, circular economy can work on certain items and will be a failure on some other items. There is really nothing that will have a short cut for you. If you would like the world to turn into full on cycle then we are going to have a lot of business going down because they can't create new stuff that people will buy, and we will have a lot of second hand stuff that is used like new and break down very easily.
sr. member
Activity: 2660
Merit: 339
October 24, 2021, 03:54:04 PM
#39
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.
You agree or not, we are going to have complete circular economy in near future because all the resources we are using right now might be diminishing in its supply hence we need to adapt renewable energy resources so that we could sustain among increasing demands in our daily life. I believe there should be more innovations are needed to make use of our wastes effectively so that we could sustain against demands. If everything could be recycled then we can easily get into circular economically but as of now we are having less technology for recycling and for green and renewable energy. So, we must need to wait for a while before getting into a complete circular economy.
sr. member
Activity: 1526
Merit: 252
October 24, 2021, 01:09:15 PM
#38
It will work depending on how the product a country produces in large quantities from plastic and the things that can be recycled back and become an item that has marketability.
Usually these products have many sources of treatment equipment from factory waste and are collected again. However, some countries still export waste to various countries with the aim of taking it back after the waste material has been processed.

The circular economy method has succeeded in reducing littered waste. This kind of processing is quite effective.
legendary
Activity: 2534
Merit: 1338
October 24, 2021, 11:44:06 AM
#37
Will circular economy work ?

The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended.

In practice, it implies reducing waste to a minimum....
https://www.europarl.europa.eu/news/en/headlines/economy/20151201STO05603/circular-economy-definition-importance-and-benefits
This is the kind of economy that we had for thousands of years so I think it could work, all of this consumerism for consumerism's sake is relatively new if we are talking in historic terms, and even in the current culture there are many people that are like that and extract all what they can from the products and services they acquire, and personally I see it with good eyes as the resources we have are limited and at some point we will have to accept that possibly and be more responsible with our consumption.
hero member
Activity: 1134
Merit: 517
October 24, 2021, 10:28:07 AM
#36
In a circular economy resources are used in a cyclical manner this means that from now on mining will not continue or waste will not be generated. Emphasis will be placed on recycling and that will be made possible by producing products that can be easily removed we will no longer own any products in the circular economy a consumer will not pay for any lighting device.
hero member
Activity: 3052
Merit: 651
October 24, 2021, 05:09:56 AM
#35
They call it better nowadays which is "reconditioning". Or that is how it's only called in my area.
I don't like it because I became a victim of an item that was refurbished or reconditioned that didn't last long.
That is the problem with products that was recycled, you didn't know when it was bought or how much usage it experienced.
Let's say a graphics card that was mostly overclocked and the owner wants to re-sell it with just a clean and brand new physical look.
You on the other hand as a buyer would not know that history and will think it is a steal for the cheap price.
Problems will occur in the next month or 5-10 more.
legendary
Activity: 2338
Merit: 1124
October 23, 2021, 03:09:42 PM
#34
It better work, as it's probably our only hope. It also seems like the right thing to do because reusing and minimizing waste is definitely better than blind consumerism. Of course, not everything can be reused, and there are areas where it can be a health risk (reusable syringes are a health risk, reusable condoms are a bad idea, many medical things require single-use plastic for proper sterile conditions), but where possible, we should stick to reusing stuff and opting for long-lasting quality over cheaper but short-lasting products. People love the idea of recycling, but lately it's been discussed that this should be one of our last resorts because recycling is often difficult, and it shouldn't encourage people to use tons of 'recyclable' single-use stuff.
Speaking of cryptos, I think it's important to for miners to switch more and more to cleaner sources of energy and stop using coal if they can.
Consumerism and cycle is not really connected to each other. You could be doing blind consumerism and also pay a certain people to gather the dirt and then ... well ship it to space I suppose, I really do not know what is the healthy way to dispose of them or reuse them.

We had that in our nation for YEARS now, and it has been working amazingly, we pay peanuts, like literally less than one cent for each bottle you collect, BUT when people make it their business, they collect TONS and that turns out to be a great profit for them. Sure it is not clean business, sure you garbage dive to find those stuff, and yes we still have some garbage left, but at least stuff like plastic gets collected and we are cleaner than most nations.

We still allow factories to use their chimneys to destroy the world, so we are not great at every green thing, but the collection of bottles seems to be a thing we managed to do along with consumerism together.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
October 23, 2021, 01:41:04 PM
#33
when talking about TA, I think this is something that is only used as an aid, not a reference, because apart from that, all TA is just various formulas that are applied to convince us to speculate, as for the reality it can be right and it can be wrong.
I think you are quite good at doing something because by analyzing something based on the observations you see, but indeed the reality is that it is back again, speculation is 50-50 about this, it is the market that decides.
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