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Espansione dell'interesse economico del produttore ed economia circolare

Translated title of the contribution: [Machine translation] Expansion of the producer's economic interest and circular economy

Research output: Contribution to journal › Article › peer-review

Abstract

[Machine translation] The article investigates the progressive expansion of the producer's economic interest over the entire life cycle of the asset, through phenomena of financialization and servitization. This dynamic implies a regression of the role of property in favor of the attribution of the right to enjoy the function expressed by the asset., Although driven by logic originally oriented to economic efficiency, these models can produce, in a heterogeneous range of purposes, results converging with the principles of the circular economy, encouraging durable and repairable design, eco-design, reduction of planned obsolescence and internalization of end-of-life costs of the product. However, there is no lack of critical profiles, including the emergence of a functional dependence on the customer, the de facto compression of contractual freedom and market contestability, the difficulty of evaluating ex ante the total cost of services and the risks of economic expropriation of the weakest contractors in a regulatory environment that is still inadequate., The article investigates the gradual expansion of the producer’s economic interest throughout the entire life cycle of the good – from manufacture to disposal – through the dual processes of financialization and servitization. This evolution marks a retreat of ownership as the central juridical category, in favor of access to the functional utility embodied in the good., Although initially driven by considerations of economic efficiency, these models may, through unintended consequences, produce outcomes that align with the normative principles of the circular economy. They tend to encourage product durability and reparability, eco‑design, the reduction of planned obsolescence, and the internalization of end‑of‑life costs. Nonetheless, significant normative and structural concerns persist, including the deepening of functional dependency on the part of users, a de facto compression of contractual autonomy and market contestability, the difficulty of assessing the overall cost of services ex ante, and the risk of economic dispossession for weaker parties within a still inadequate regulatory framework.
Translated title of the contribution[Machine translation] Expansion of the producer's economic interest and circular economy
Original languageItalian
Pages (from-to)305-327
Number of pages23
JournalRIVISTA DI DIRITTO BANCARIO
Issue number4 Suppl.
Publication statusPublished - 2025

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production
  3. SDG 13 - Climate Action
    SDG 13 Climate Action

Keywords

  • Servitization
  • leasing
  • economia circolare

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