What is the circular economy? | CNBC Explains

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  • Published on:  Thursday, January 18, 2018
  • Imagine a world where you never throw anything away. CNBC's Elizabeth Schulze explains the circular economy.-----Subscribe to us on YouTube: http://cnb.cx/2wuoARMSubscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMvLike our Facebook page:https://www.facebook.com/cnbcinternat...Follow us on Instagram:https://www.instagram.com/cnbcinterna...Follow us on Twitter:https://twitter.com/CNBCi
  • Source: https://youtu.be/__0Spwj8DkM
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Comment

  • Doodelay Explains

    Doodelay Explains

     a years ago +21

    Elizabeth is one of your best hosts guys. Hope you realize this!

  • Vevelombez

    Vevelombez

     11 months ago +9

    Dude, that was magic at 0:02

  • Someone Else

    Someone Else

     a years ago +33

    Elizabeth Schulze, wife material.

  • Samvit Agarwal

    Samvit Agarwal

     a years ago +13

    Although I definitely do see the benefits of such an economic system, I believe that it might just be an inconvenience to many people as it ultimately brings about a boatload of what are basically subscriptions, things that generally don't have a good reputation with regards to the public. At some point it is simply no longer in the benefit of an individual to keep an item and throwing it away may just make more financial sense than constantly paying for it. However, I do see the potential gains from this system as this will push companies to ultimately keep updating and improving their products in order to keep their customers.

  • anupam appar

    anupam appar

     5 months ago +5

    This is actually beneficial for companies because they can hold on to customer for years. For example if the bulb gets fused instead of buying a new bulb of some other company.. customer would have to use the bulb of same company as he is already paying subscription for it. This is also a downside for the customers though as it would be tough for them to switch companies of same product..

  • Epic Haxer

    Epic Haxer

     a years ago +8

    People need to have a circular mindset

  • Jay G

    Jay G

     7 days ago +1

    Hope more companies or business will adopt CIRCULAR ECONOMY 🙂
    Hope it will be promoted by MEDIA, GOVERNMENTS and PRIVATE ORGANIZATIONS 🙂

  • Joshua Joshua

    Joshua Joshua

     a years ago +6

    WTF are these animations they are blowing my mind.

  • Antonio Costa

    Antonio Costa

     2 months ago +1

    You use silica, tungsten , carbon, steel , copper to make incandescent light bulbs. These junior reporters are completely illiterate.

  • Jameel Ja

    Jameel Ja

     a years ago +5

    This is great news, we need more of this.

  • Shashank Jajoo

    Shashank Jajoo

     a years ago

    It's possible for a product like apparel to take longer time for acceptance than a light bulb.
    Completely on board!

  • Philip Saldo

    Philip Saldo

     7 months ago

    Coca-cola/FEMSA already implemented this with their bottling supply chain...

  • Asad Khan

    Asad Khan

     a years ago

    It's really an insightful and interesting video.

  • Роман

    Роман

     a years ago

    Hi CNBC, I like your explanations very much. Could you make a video about best pension (retirement) systems in the world? Thanks!

  • Eric D. Mabuto

    Eric D. Mabuto

     3 months ago

    please do an episode on cargill

  • Ricky

    Ricky

     8 months ago

    I was looking for a video on the cyclic economy, i have no idea what im watching

  • kiran

    kiran

     11 months ago +5

    Smartphones?

  • Syndicat K

    Syndicat K

     4 months ago

    Turkey is not Europe. They wish they were in Europe!

  • Manolo Blanco

    Manolo Blanco

     10 months ago

    Nice video, i love learning with your videos. @ManoloWhite4real

  • manictiger

    manictiger

     11 months ago +1

    I like recycling, but this just seems like a way to get more money out of stupid gullible suckers.
    The poor lease, rent and borrow everything. The rich OWN wealth. Rule 1: Stack wins, not losses.
    I would never contract these fools to 'lease' me light bulbs. There has to be a better way.