Ecosocial market economy oekosozial 21 7 2010

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Ecosocial market economy oekosozial 21 7 2010

  1. 1. Ecosocial Market Economy The Idea "Prosperity for all" is the credo of the social market economy. "A better quality of life for all – today and tomorrow" is the objective of the approach called "ecosocial market economy". Ecosocial economic policy is therefore sustainable and responsible towards current and future generations. It is based on the belief that all people worldwide, now and in the future, have the right to a good life in a healthy environment. The ecosocial market economy aims at an enduring society in the respective cultural context, which is sustainable on three levels: environmental, social, and economical. Thus it is also in accordance with article 3 (3) of the Treaty of Lisbon (which states the following: “The Union shall establish an internal market. It shall work for the sustainable development of Europe based on balanced economic growth and price stability, a highly competitive social market economy, aiming at full employment and social progress, and a high level of protection and improvement of the quality of the environment. It shall promote scientific and technological advance. It shall combat social exclusion and discrimination, and shall promote social justice and protection,equality between women and men, solidarity between generations and protection of the rights of the child. It shall promote economic, social and territorial cohesion, and solidarity among Member States. It shall respect its rich cultural and linguistic diversity, and shall ensure that Europe's cultural heritage is safeguarded and enhanced.“) The market is capable of achieving a lot, but not everything. It can and should contribute to improving the economy and to promoting innovative entrepreneurship. However, the market needs clear rules and principles of liability – also at a global level. That this is not the case today, show us the latest dramatic developments in the financial and economic world. The imperatives of the ecosocial market economy are sustainability, justice and personal freedom, freedom also meaning responsibility. As an economic policy approach, ecosocial market economy is supported by the mechanisms and instruments of price transparency and the "polluter pays" principle. Ecosocial market economy is economy with responsibility. In 1989, Josef Riegler demanded that the social market economy should be complemented by the component "environmental responsibility". In doing this, he is one of the first in Europe to have taken steps towards setting trends in an ecosocial era. The end of November 2009 saw the 20th anniversary of the formulation of the idea of the ecosocial market economy. Although the world has changed considerably since 1989, the concerns and aspirations of the ecosocial market economy are now more relevant and important than ever: sustainability can only be ensured through a balance between ecological
  2. 2. protection, social responsibility and economic prosperity. The future has cast its shadow. We currently find ourselves in a multiple-crisis. The dramatic climate change, the plundering of natural resources, diminishing biodiversity, desertification and much more is all leading on a one-way route towards an ecological collapse. At the same time, social problems such as poverty and the rift between rich and poor are further increasing – and the struggle for raw materials is threatening to get tighter. We still feel the effects of the financial and economic crisis, which was triggered by an excess of deregulation and liberalisation. What we now need is an ecosocial change, which brings together environmental, social and economic needs, and the needs of the world population. Hereby, the ecosocial market economy defines the necessary conditions in which the economy can operate in a sustainable manner. Quality of life und qualitative growth as a target Our current economic and social systems depend on quantitative economic growth. Taken the declining economic growth rates in industrialised countries and increasing scarcity of natural resources, the question arises how long-term prosperity in Europe and the rest of the world can be secured. In light of this, the ecosocial market economy approach does not push simply the "still more", but the "better" (the quality of life) to the heart of the economic policy. The objective "a better quality of life for all – today and tomorrow" strives for better living conditions (including financial security, health, social cohesion, education, business and labour, as well as the natural environment) and subjective well being for every person. We follow the definition of the World Health Organization (WHO), which understands the term ‘quality of life’ as the subjective perception of a person of his/her own position in life in relation to the culture and the value systems in which he/she lives and in view of his/her goals, expectations, standards and concerns . Programme paper In 2008, the Ecosocial Forum initiated a process for the further development of the model of the ecosocial market economy. The main current topics of the ecosocial market economy were discussed with various experts, and the ecosocial programme was further developed in the light of current economic, financial, social and environmental challenges in Austria, Europe and the world. Shortly you will find here the english version of the new programme paper of the ecosocial market economy. Source http://www.oekosozial.at/index.php?id=13489&L=1

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