A World of Abundance
- 1 June 2000
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Informs Journal on Applied Analytics
- Vol. 30 (3), 55-65
- https://doi.org/10.1287/inte.30.3.55.11668
Abstract
Industry and the environment appear to be at odds because current methods of production, extraction, and disposal are destructive to the natural world. Conventional responses, such as eco-efficiency, focus on doing more with less, restricting industry, and curtailing growth. We view the conflict between industry and the environment as a design problem. Instead of simply reducing industry's negative effects, we suggest companies redesign products and processes for healthy, long-term prosperity. We present a new paradigm for industry, eco-effectiveness; three new design principles: waste equals food, use current solar income, and respect diversity; new decision criteria that integrate ecology, economy, and equity; and beginning steps businesses can take towards a world of abundance, rather than one of limits and constraints.Keywords
This publication has 1 reference indexed in Scilit:
- Externalities: Economics & ThermodynamicsPublished by Springer Nature ,1989