week 7
This week, our debate focused on the theme “this house (i.e., we) would enforce a circular economy.” As a member of the opposition, I would like to articulate some of my viewpoints in my blog.
Firstly, I believe that a circular economy is also a type of economy, encompassing both production and consumption. Items with higher production costs typically have higher prices and are sold to consumers with stronger purchasing power. On the other hand, those with lower incomes tend to choose products with better value for money and are more affordable. Currently, most environmentally friendly design products are often sold to consumers with higher purchasing power. These products usually involve higher costs, require skilled designers for research and development, and may result in material waste and pollution during testing and experimentation. This suggests that most environmentally friendly products may have higher prices, limiting access for lower-income consumers. As a result, the circular economy may remain confined to a minority of people rather than reaching the broader population.
Apart from the challenge that low-income groups may not afford products produced under a circular economy, not all high-income individuals may choose to embrace it. Many people still prefer consumerism, and there is a risk of products marketed as “eco-friendly” and “natural” not actually living up to their claims. Consumer and producer consumption patterns, fundamentally unchanged, favor convenience and comfort over a lifestyle more in tune with nature. The implementation of a widespread circular economy could have significant repercussions, potentially causing difficulties for many individuals unaccustomed to this new economic model.
Additionally, we must consider factors such as different countries, cultures, and backgrounds. In today’s era of globalization, the production of many products involves producers from multiple countries. It is essential to take into account the production, technological, and economic conditions of these countries. Hastily implementing a circular economy may lead to negative consequences, such as a decline in productivity leading to factory closures and increased unemployment rates.
Therefore, I argue that rather than hastily implementing a circular economy, we should focus on advancing our technology to make eco-friendly products more affordable for the majority of consumers. Simultaneously, there is a need to change the general mindset around consumption, steering away from consumerism. It is crucial to consider and assist other countries with which we collaborate, taking into account their situations and providing support. I believe these considerations are more critical before pushing for the widespread adoption of a circular economy.