Circular Economy - More on systems Ken Webster First line of title goes here Second line here

Happy Birthday – for living system inspired economies! Title goes here “Successful companies will take their design from nature, their values from their customers and their discipline from the market place” Amory Lovins “Thus, the task is not so much to see what no one yet has seen, but to think what nobody yet has thought about that which everybody sees.” Arthur Schopenhauer Ecological Economics Natural Capitalism Regenerative Design Performance Economy Collaborative or Sharing Economy

• worldviews matter – how we think and learn Title goes here Circular economy in a page • worldviews matter – how we think and learn • science sees a world of dynamic systems (complexity) • economics reflects science [?] • waste = food (two cycles – technical and biological) • shift to renewables • shift from selling goods to services/performance • rebuild/maintain capital to increase useful flows • celebrate diversity – look for effectiveness • prices to reflect full costs to assist markets • money is primarily a medium of exchange

00 The Macroscope Title goes here Title goes here

00 Meaningful Patterns? Title goes here Title goes here

More of a waste economy with a few treasures thrown in

Circular economy schematic

  http://vimeo.com/33413089

00 Title goes here About 0.2% is used 99.8% is wasted

hence systems thinking • the key to systems thinking is 00 Title goes here Characterisation Title goes here Title goes here Title goes here Title goes here • most real world systems are ordered complexity, they are dynamic, interdependent… hence systems thinking • the key to systems thinking is feedback, and what feedback does over time (iteration) • the system is non-linear. Inputs do not have to be proportional to output • interplay of positive and negative feedback gives homeostasis

• most real world systems are fractal – self similarity across scales 00 Title goes here Characterisation Title goes here Title goes here Title goes here Title goes here • most real world systems are fractal – self similarity across scales • in an economy the bloodstream might be money – it has to reach all parts for there to be a healthy body • design has to keep in mind the whole system and it is the rules of the game – the interrelationships between the parts which is the primary influence point

REbalancing Analytic Approach Systemic Approach isolates, then concentrates on the elements studies the nature of interaction emphasizes the precision of details modifies one variable at a time remains independent of duration of time; the phenomena considered are reversible. validates facts by means of experimental proof within the body of a theory uses precise and detailed models that are less useful in actual operation (example: econometric models) has an efficient approach when interactions are linear and weak leads to discipline-oriented (juxtadisciplinary) education leads to action programmed in detail possesses knowledge of details poorly defined goals unifies and concentrates on the interaction between elements studies the effects of interactions emphasizes global perception modifies groups of variables simultaneously integrates duration of time and irreversibility validates facts through comparison of the behavior of the model with reality uses models that are insufficiently rigorous to be used as bases of knowledge but are useful in decision and action (example: models of the Club of Rome) has an efficient approach when interactions are nonlinear and strong leads to multidisciplinary education leads to action through objectives possesses knowledge of goals, fuzzy details • First line of text goes here • Second line of text goes here • Third line of text goes here • Fourth line of text goes here • Sixth line of text goes here • Seventh line of text goes here • Eighth line of text goes here • Ninth line of text goes here