4/13/20

RE: Commerce

   

     One of the “re-” words that has been surfacing a lot in the past few years is “recommerce”. Known as a means of reversing commerce, recommerce is the process of selling pre-owned products. Usually through an online channel. Recommerce follows an easy model: consumers exchange their used clothing for store credit, the partnering recommerce service repairs the product, the products are then re-sold.

4/7/20

The Circle of Life (& the Economy)

     


     Economics has been a part of human life on earth since the 11th century, back when trade routes flourished between major cities. Where there are resources to manage and people who need them, there will be economic structure. The thing that I had never really stopped to consider before is that there are several styles of economic structures that we can function by. Unfortunately, the most popular approach (for nearly 200 years now) is a Linear Economy. A linear economy uses the process of, 

Take > Make > Use > Dispose (& Pollute)

     While it sounds really bad, it is not all bad. The linear economy structure has created economic wealth, increased available jobs, has added to modern conveniences, improved quality of life, and it has even reduced mortality rates. While these benefits are good, really good, they are also unsustainable.