Interesting read: Green industrial policy: a transition of values

Anna Pegels asks why the transformation to an economically and ecologically sustainable society is so difficult? *** Western society has traditionally been characterized as a market economy, a system in which the market is meant to correct itself. It stands for liberalization, not regulation. Yet the market is not an end in itself, but rather an instrument. As such, it should subordinate itself to societal goals such as fairness and prosperity for all. In light of climate change and environmental damage, environmental protection has become a part of our societal norms. And yet this is precisely where the market fails in its current form. Since environmental costs are not usually included in the market, they do not appear in company balance sheets. The conventional market does not work according to the ‘polluter pays’ principle, and whether a particular company makes an eff...

Full article: http://www.sustainablecitiescollective.com/charles-arthur...

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Green industrial policy: a transition of values

Anna Pegels asks why the transformation to an economically and ecologically sustainable society is so difficult? *** Weste...

Green industrial policy: a transition of values...

Anna Pegels asks why the transformation to an economically and ecologically sustainable society is so difficult? *** Weste...

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