A New Kind Of Science Science in an inquiry into the world around us fundamentally based on empirical data and the development of models/theories to describe the patterns we find in this data. For knowledge to be considered scientific it is dependent on fulfilling a number of fundamental requirements, [...]
Reductionism is a process of reasoning used to describe things by breaking them down into their constituent components, analyzing the properties of these components in isolation and then recombining them in order to get a description of the whole system as a set of its individual parts, their properties and the linear relations between them.
The 20th Century, driven by scientific and technological advances, was a time of remarkable change for human civilization. But it was also a century when the extraction of many natural resources began for the first time in history to follow an essentially exponential growth path.
Since a number of decades now the unsustainable nature of our industrial economic infrastructure has been made acutely evident. It is becoming increasingly clear that the linear model to industrial age systems of organization creates many negative externalities that render them unsustainable.
Adaptation is a behavior or response that is contingent on its environment, maybe the best way to understand it is to contrast it with reacting, we might think of reacting as a predefined response to a given stimulus, like an automatic door opening whenever someone approaches it.
As we shift from a linear to a nonlinear economic model the circular economy is enabling an ocean of new value opportunities. Value is shifting from forming part of a linear value chain to all of the space around it; closing loops, looking at synergies between industries, connecting end users, managing full lifecycle and networks of collaboration.
What is an economy? Is it things, stuff like cars, houses, washing machines and computers? Or is it services? The function of those things, payment services, cleaning services, heating, communication etc. We might say it is both. All the products around us deliver some functionality,
As the Industrial Age appears to be coming to a close we are left scrabbling for new terms to define the world we live in in the 21st century and there are no shortage of candidates from the Space Age to the Information Age to Globalization