Home OpinionAnalysisSparks of long-term green viability and proper enterprise responsibility

Sparks of long-term green viability and proper enterprise responsibility

by Thomas Schellen

The secret of a viable capitalist approach to macroeconomics may lie less in redistributive intervention or stimulus of consumption but in aligning the private greed in productive ways with a public good. This is the idea of having a more productive economy while also salvaging and defending core public goods: the climate and the environment (in terms of clawing back some of the vast losses that industrial man has incurred in comparison to the pre-industrial age); social balance (within the margins of a democratic society that aims for providing the maximum of opportunities while it allows for inequality on basic of individual merit); and optimal (read still opaque but more transparent and accountable than last year) governance of enterprises, whether they are state owned, publicly listed, or privately held (but most of all publicly listed ones).   Under the indisputable need of climate and environmental health, social balance, and better

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