Abstract
The dependence on non-renewable resources and the growth-oriented character of the capitalist economy could be reshaped by promoting a closed-loop economy. For example, the concept of the circular-flow economy has already found its way into the strategies of the European Commission and the new Austrian government. It must be observed whether and how the demand for a circular economy is able to question the overall orientation toward growth, competitiveness and efficiency as well as the dominance of strong industries as pioneers for research and development, product innovation and market expansion. This chapter takes the view that the realization of a circular economy will depend not only on adequate regulatory framework conditions for manufacturers and consumers, but above all on a broader social change in the currently dominant and unsustainable production and life systems. If this "imperial mode of living" remains unquestioned, initiatives for a circular economy will at best lead to a greening of the economy in some regions and sectors without solving the deep socio-ecological crisis.
| Original language | English |
|---|---|
| Title of host publication | The Circular Economy in the European Union |
| Subtitle of host publication | An Interim Review |
| Editors | Sepp Eisenriegler |
| Place of Publication | Cham |
| Publisher | Springer International Publishing |
| Pages | 131-137 |
| Number of pages | 7 |
| Edition | 1 |
| ISBN (Electronic) | 978-3-030-50239-3 |
| ISBN (Print) | 978-3-030-50238-6 |
| DOIs | |
| Publication status | Published - 23 Sept 2020 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
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SDG 9 Industry, Innovation, and Infrastructure
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SDG 12 Responsible Consumption and Production
Austrian Fields of Science 2012
- 506007 International relations
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