Check 23 - Companies - The Circularity

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Why doesn’t government work?

Is it the politicians, the civil servants, the political parties?

Or is it the system in which they all operate?

The Hidden Power goes behind the sporting spectacle of modern politicking to find the real villain.

This series of six podcasts, broadcast weekly from October 10th, provides both critique and answers.

Good government is entirely possible - but not in its current guise.

Hosted by Ed Straw, former chair of Demos - the cross-party think-tank on democracy, and producer Philip Tottenham.

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Check 23 - Companies - The Circularity

The Hidden Power

24 minutes 22 seconds

4 years ago

Check 23 - Companies - The Circularity

End-to-end producer responsibility: Producers are responsible for all impacts of their activities and products, from raw material extraction to product recycling/disposal.

There's no doubt that a single company can create and inspire change. But if all producers up and down the supply chain, and indeed across the economy, are holding each other accountable for all impacts by virtue of this principle, then we really do have the potential see the kinds of changes we need on a grand - global - scale. Effectively, a feedback loop. And let's not forget what Einstein had to say about about another feedback loop, compound income: it's "the most powerful force in the universe".

In this episode we see in Fast Fashion Brand Boohoo a case in point of many of the things we have been talking about: the Global Monetary System at work, almost blindly driving profit, with scant regard for its vast impacts in human and ecological terms. And failure of consumer power, and tension between activist censure and investor appetite. In contrast we also consider Renault, a company that is embracing complete re-use and recycling.

What would complete circularity look like?

Talking points:

The limits of limited liability

Out of sight, out of mind - we don't want to know

Fast fashion, Boohoo - and the Global Monetary System

Contributory factors in the development of fast fashion

Extended Producer Responsibility

Plotting the chain - gouging and dumping vs circular process

iPhones and the truth of supply chains

Is this a basis on which the world wants to work?

Renault transitioning to the new economy - PACE

Respect and the biosphere