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A Critique of the Circular Economy from the Perspective of Sufficiency: Decoupling and Inequality

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Abstract

Current growth-oriented efforts to build economies are not on a sustainable and inclusive path: the well-being of the entire population of the planet remains unattainable while planetary boundaries are exceeded. Thus, instead of focusing on economic growth, a more holistic approach to building economies needs to be taken. Here, the concept of sufficiency as an organizing principle that recognizes enoughness and excess is challenging the growth paradigm. This article begins by discussing the circular economy as part of the green growth approach but outside the post-growth agenda. Next, two key criticisms of the circular economy raised by the sufficiency-focused degrowth approach are reviewed: the limits to decoupling and inequality. This article ends with an outlook on how the sufficiency-focused approach has been embedded into policy proposals and organizational activities, and how the circular economy could foster sufficiency-focused economies.
Original languageEnglish
Pages (from-to)294-302
JournalSwiss Journal of Business
Volume79
Issue number3
DOIs
Publication statusPublished - 2025
Publication typeA1 Journal article-refereed

Funding

Funders
Emil Aaltosen Säätiö

    UN SDGs

    This output contributes to the following UN Sustainable Development Goals (SDGs)

    1. SDG 8 - Decent Work and Economic Growth
      SDG 8 Decent Work and Economic Growth
    2. SDG 10 - Reduced Inequalities
      SDG 10 Reduced Inequalities
    3. SDG 12 - Responsible Consumption and Production
      SDG 12 Responsible Consumption and Production
    4. SDG 16 - Peace, Justice and Strong Institutions
      SDG 16 Peace, Justice and Strong Institutions

    Publication forum classification

    • Publication forum level 1

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