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Economies that Mimic Life - From Biomimicry to Sustainable Prosperity (Paperback)
Loot Price: R1,194
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Economies that Mimic Life - From Biomimicry to Sustainable Prosperity (Paperback)
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The world economy today is at an historical inflection point. The
neoclassical (industrial) model of economics is self-destructing
while a new life-mimicking model, based on radically different
assumptions, is emerging. Although rarely acknowledged in economic
journals, Nordic countries, which pioneered the life-mimicking
model, have become world leaders in prosperity and productivity
while those operating on the older neoclassical/industrial model
are trapped in downward spirals. By approaching economies as
sub-systems of life rather than super-systems that transcend life,
we gain transformative insights. Such thinking led to the first
circular economy experiments in Kalundborg (Denmark) during the
1970s, then quickly spread to the rest of the Nordic world. By
placing a higher value on living assets (people and Nature) than on
non-living capital assets, this approach generates harmony rather
than exploitation and conflict. Because Nordic people feel vested
in the system and responsible for its success, they are
extraordinarily innovative and productive. That is why Nordic
companies are regularly rated among the world's most sustainable
and profitable in their fields - even though their region holds
less than half of one percent of the world's population. Written in
an accessible way for non-economists, the book is ideal for readers
interested in the benefits of biomimicry and methods of guiding
democratic countries along a proven path of self-renewal. Economies
That Mimic Life will also provide useful background for corporate
leaders in scenario planning and strategic thinking. Knowing which
way the political-economic wind is blowing will become increasingly
important to corporate survival.
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