Article

What's Wrong with the Current Linear Economy

In a series of three video interviews, Ken Webster describes what's wrong with the current linear economy.

While watching the videos, try to understand the arguments Ken makes. Does his arguments make sense to you? Why (not)? 

 

Video 1:

 

Video 2: 

In the second video of the serie, Ken Webster describes how resources are increasingly difficult to extract, how the linear economy undermines biodiversity, and how unstable our current financial system has become. 

 

Video 3: 

In the third video, Ken Webster explains how difficult it is for companies to be innovative in an economy where wages are dropping steadily. At the same time, we see large numbers of new customers entering the market, putting more pressure on a resource base that is already under pressure.