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| Author: | Ayres, R.U. |
| Title: | On the life cycle metaphor: where ecology and economics diverge |
| Journal: | Ecological Economics
2004 : APR, VOL. 48:4, p. 425-438 |
| Index terms: | Life cycles Ecology Environmental economics |
| Language: | eng |
| Abstract: | This article discusses four differences existing between ecology and economy. Firstly, no primary producer has the same role in the economic system (hereafter as: econ-sys.) than the photosynthesizers have in the biosphere. Secondly, econ-sys. recycles less than the ecological system (hereafter as: ecol-sys.), but utilizes more elements. Thirdly, in the biospehere exist no markets. Finally, in econ-sys. differentiation is based on mutations and Darvinian selection, whereas in ecol-sys. the differentiation relies on discovery, invention and innovation. |
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