Economies that Mimic Life: From Biomimicry to Sustainable Prosperity

The world economy is transitioning from the neoclassical (industrial) model to a life-mimicking model, led by Nordic countries that prioritize living assets over non-living capital assets. This approach generates harmony and innovation, making Nordic companies sustainable and profitable. The book is accessible to non-economists and provides insights into biomimicry and sustainable development for democratic countries.

Format: Paperback / softback
Length: 174 pages
Publication date: 04 March 2021
Publisher: Taylor & Francis Ltd

The world economy stands at a pivotal juncture, witnessing the collapse of the neoclassical (industrial) model and the emergence of a new life-mimicking paradigm. While this transformation is seldom recognized in economic journals, Nordic countries, which pioneered this life-mimicking approach, have achieved remarkable prosperity and productivity, surpassing those relying on the outdated neoclassical/industrial model. By viewing economies as sub-systems of life rather than overarching super-systems that transcend life, we gain profound insights. This transformative perspective led to the initial circular economy experiments in Kalundborg, Denmark, during the 1970s, which swiftly spread throughout the Nordic region. By prioritizing living assets such as people and nature over non-living capital assets, this approach fosters harmony rather than exploitation and conflict. The deep sense of ownership and responsibility among Nordic people drives their exceptional innovation and productivity. As a result, Nordic companies consistently rank among the world's most sustainable and profitable in their respective fields, despite their relatively small population share.

Written in a clear and accessible manner for non-economists, Economies That Mimic Life offers valuable insights for readers interested in the benefits of biomimicry and strategies for guiding democratic countries toward self-renewal. This book is particularly relevant for corporate leaders engaged in scenario planning and strategic thinking, as understanding the prevailing political-economic winds will become crucial for corporate survival.

Weight: 294g
Dimension: 156 x 233 x 20 (mm)
ISBN-13: 9780367625993