The European Business Review

CROSSED REFLECTIONS ON THE COVID CRISIS AND THE ENVIRONMENTAL CRISIS. OF THE NEED TO MOVE TOWARDS A CIRCULAR ECONOMY BASED ON RESOURCES

Our current economic model, based on a linear approach and organized in a globalized and financialized manner, has reached its limits. More and more researchers, politicians and business leaders are becoming aware of this. But the Covid crisis has highlighted some important points regarding the viaibility of a circular economy that are worth returning to.

THE COVID CRISIS AND THE ENVIRONMENTAL CRISIS: SOME TEACHINGS

The speed and violence with the one the pandemic of Covid 19 imposed global economic effects, invites us to reflec and gain awareness. First of all, we must realize our vulnerability. A virus caused the confinement of almost all of humanity in a few weeks. The economy stopped, forcefully demonstrating that we are not above nature nor that we are in control of it. Many ecologists point out that this health crisis is and that many other crises could emerge if we fail to transform the existing model. Moreover, this crisis has reminded us that our destinies are linked internationally, and that we all inhabit a global village. Goods and people move quickly, sometimes showing us our tremendous solidarity. But viruses also circulate quickly. The unbridled pace of our exchanges therefore has direct consequences, and not only positive ones.

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