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Transition towards Well-being Sustainability:Approach to "Circular Economic Model"

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  • Nicola Marinelli
  • Gian Paolo Cesaretti
  • Immacolata Viola

Abstract

Modern society shows a very strong need to look for a "dynamic equilibrium be-tween local capital and the demand for well-being". This transition towards sus-tainability requires the beginning of a process that is able to satisfy, in every eco-nomic cycle, the demand for well-being and the replicability of the "four stocks of capital". The paper shows how the implementation of what Pearce and Turner called a "Circular Economic System" can make this possible, and highlights how new strat-egies for the adoption of a "Circular Economic Model" represent the condition for the circularity of development models. Moreover, the paper discusses how, given a radical change of strategy on a global and local level, the implementation of a circular process in rural areas to create in-dividual and collective well-being allows these areas to offer an important contri-bution to the transition.

Suggested Citation

  • Nicola Marinelli & Gian Paolo Cesaretti & Immacolata Viola, 2021. "Transition towards Well-being Sustainability:Approach to "Circular Economic Model"," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(2), pages 263-282.
    • Handle: RePEc:fan:rissri:v:html10.3280/riss2021-002019
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    References listed on IDEAS

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    1. Gian Paolo Cesaretti & Irene Paola Borrelli & Immacolata Viola, 2021. "Circular economic analysis for Sustainability," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(1), pages 201-221.
    2. Michel Blanc, 1997. "La ruralité : diversité des approches," Économie rurale, Programme National Persée, vol. 242(1), pages 5-12.
    3. Immacolata Viola & Giacomo Rotondo & Norma Maccari, 2013. "Il benessere oltre il PIL," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 2013(1), pages 9-26.
    4. Sara Fabbrizzi & Filomena Maggino & Nicola Marinelli & Silvio Menghini & Cecilia Ricci & Sandro Sacchelli, 2017. "Sustainability: A quantitative discourse analysis," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(1), pages 11-25.
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