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planned lifecycle


(euphemism for "PLANNED OBSOLESCENCE")


Economists and environmentalists believe that the growth society as we know it is unsustainable in the long run and that Planned Obsolescence needs to become a thing of the past, as it is impossible to combine the limitless consumption of resources with a finite planet. But what are the alternatives? Here are few thought-provoking analysis by thinkers working on ways of saving both the economy and the environment, and presents hands-on stories showing entrepreneurs putting new business models into practice.


​Here is something suspicious. You buy a product - could be a cellphone, could be a washing machine, whatever. It works just fine until right after the warranty expires. Now you got to buy a whole new one. And you feel like, did the company plan for it to break right then? There's a term that gets tossed around about this situation - planned obsolescence.

1 of 2 ::  what is planned obsolescence REALLY?



Planned Obsolescence is the deliberate shortening of product life spans to guarantee consumer demand. As a magazine for advertisers succinctly puts it: “The article that refuses to wear out is a tragedy of business “ - and a tragedy for the modern growth society which relies on an ever-accelerating cycle of production, consumption and throwing away.
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Intrigued? 
Get your feet wet on ECON 101 ::
  • ​Learn about Game Theory HERE ..
  • Learn about  'Hotelling's law of Spatial Competition'  HERE..​
  • The 'Paradox of value & tragedy of the commons' HERE.. 

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2 of 2 :: How to save the economy & earth?

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