The entropic nature of the economic process

Scientific advancements in the field of non-equilibrium thermodynamics have shown that social-ecological systems belong to the class of complex adaptive systems, a subset of the class of open dissipative systems. A proper characterization of the mechanism allowing the reproduction and adaptation of...

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Detalles Bibliográficos
Autor: Giampietro, Mario|||0000-0002-5569-7023
Tipo de recurso: capítulo de libro
Fecha de publicación:2023
País:España
Institución:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:298820
Acceso en línea:https://ddd.uab.cat/record/298820
https://dx.doi.org/urn:doi:10.4324/9781003244196-5
Access Level:acceso abierto
Palabra clave:Circular economy
Economic
Finance
Business & Industry
Environment and Sustainability
Global Development
Politics & International Relations
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spelling The entropic nature of the economic processa scientific explanation of the blunder of circular economyGiampietro, Mario|||0000-0002-5569-7023Circular economyEconomicFinanceBusiness & IndustryEnvironment and SustainabilityGlobal DevelopmentPolitics & International RelationsScientific advancements in the field of non-equilibrium thermodynamics have shown that social-ecological systems belong to the class of complex adaptive systems, a subset of the class of open dissipative systems. A proper characterization of the mechanism allowing the reproduction and adaptation of these systems requires a distinction between flows metabolized inside the technosphere (secondary inputs produced and consumed by the economy, under human control) and flows exchanged between the technosphere and biosphere (primary flows stabilized by natural processes, outside of human control). Adopting this scientific conceptualization, it becomes evident that in the process of production and consumption of goods and services, only secondary flows can be re-used inside the system (as tertiary inputs). On the contrary, primary flows, which are dependent on the existence of external supply and sink capacity provided by nature, and essential, cannot be recycled. By implication, the societal endorsement of the concept of circular economy today appears analogous to the societal endorsement of the concept of flat Earth in the Middle Ages.Harry Lehmann, Christoph Hinske, Victoire de Margerie, Aneta Slaveikova Nikolova (Eds.) 22023-01-0120232023-01-01Capítol de llibrehttp://purl.org/coar/resource_type/c_3248VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/bookPartapplication/pdfhttps://ddd.uab.cat/record/298820https://dx.doi.org/urn:doi:10.4324/9781003244196-5reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengopen accesshttp://purl.org/coar/access_right/c_abf2Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades.https://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:ddd.uab.cat:2988202026-06-06T12:50:31Z
dc.title.none.fl_str_mv The entropic nature of the economic process
a scientific explanation of the blunder of circular economy
title The entropic nature of the economic process
spellingShingle The entropic nature of the economic process
Giampietro, Mario|||0000-0002-5569-7023
Circular economy
Economic
Finance
Business & Industry
Environment and Sustainability
Global Development
Politics & International Relations
title_short The entropic nature of the economic process
title_full The entropic nature of the economic process
title_fullStr The entropic nature of the economic process
title_full_unstemmed The entropic nature of the economic process
title_sort The entropic nature of the economic process
dc.creator.none.fl_str_mv Giampietro, Mario|||0000-0002-5569-7023
author Giampietro, Mario|||0000-0002-5569-7023
author_facet Giampietro, Mario|||0000-0002-5569-7023
author_role author
dc.subject.none.fl_str_mv Circular economy
Economic
Finance
Business & Industry
Environment and Sustainability
Global Development
Politics & International Relations
topic Circular economy
Economic
Finance
Business & Industry
Environment and Sustainability
Global Development
Politics & International Relations
description Scientific advancements in the field of non-equilibrium thermodynamics have shown that social-ecological systems belong to the class of complex adaptive systems, a subset of the class of open dissipative systems. A proper characterization of the mechanism allowing the reproduction and adaptation of these systems requires a distinction between flows metabolized inside the technosphere (secondary inputs produced and consumed by the economy, under human control) and flows exchanged between the technosphere and biosphere (primary flows stabilized by natural processes, outside of human control). Adopting this scientific conceptualization, it becomes evident that in the process of production and consumption of goods and services, only secondary flows can be re-used inside the system (as tertiary inputs). On the contrary, primary flows, which are dependent on the existence of external supply and sink capacity provided by nature, and essential, cannot be recycled. By implication, the societal endorsement of the concept of circular economy today appears analogous to the societal endorsement of the concept of flat Earth in the Middle Ages.
publishDate 2023
dc.date.none.fl_str_mv 2
2023-01-01
2023
2023-01-01
dc.type.none.fl_str_mv Capítol de llibre
http://purl.org/coar/resource_type/c_3248
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/bookPart
format bookPart
dc.identifier.none.fl_str_mv https://ddd.uab.cat/record/298820
https://dx.doi.org/urn:doi:10.4324/9781003244196-5
url https://ddd.uab.cat/record/298820
https://dx.doi.org/urn:doi:10.4324/9781003244196-5
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Harry Lehmann, Christoph Hinske, Victoire de Margerie, Aneta Slaveikova Nikolova (Eds.)
publisher.none.fl_str_mv Harry Lehmann, Christoph Hinske, Victoire de Margerie, Aneta Slaveikova Nikolova (Eds.)
dc.source.none.fl_str_mv reponame:Dipòsit Digital de Documents de la UAB
instname:Universitat Autònoma de Barcelona
instname_str Universitat Autònoma de Barcelona
reponame_str Dipòsit Digital de Documents de la UAB
collection Dipòsit Digital de Documents de la UAB
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repository.mail.fl_str_mv
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