Squaring the Circle? - European economic policy under pressure: European economic policy caught between demands for both sustainability and social justice - Neue Gesellschaft Frankfurter Hefte

European economic policy under pressure: European economic policy caught between demands for both sustainability and social justice Squaring the Circle?

By Sandra Parthie

According to economic theory, growth is a key element of a properly functioning economic order. But that principle already puts modern, liberal-democratic states in a discursive dilemma, because, if economy and society are to be sustainable, they cannot keep on growing forever. If they did, they would bump up against limits on natural resources as well as environmental and climate problems.

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Yet at the same time, citizens have come to expect ever greater prosperity: Each generation is supposed to be better off than the one before it. »Doing without« has become a dirty word, even from a…

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