Home » This is how Germany achieves the fourth economic transition

This is how Germany achieves the fourth economic transition

by admin
This is how Germany achieves the fourth economic transition

Growth is also necessary in order to be able to meet the enormous financial requirements for converting the economy to climate neutrality. The social market economy knows about the need to adapt to a resource- and environmentally friendly economic system. The originator of the term social market economy, Alfred Müller-Armack, warned in the 1960s that the social market economy should be adapted accordingly. And emphasizes dealing with the topic optimistically and not talking about the “end of the world”. This requires the conviction that progress is a good thing and that technical innovation is the basis for a better life that creates more prosperity. A realization that has always dominated in the past centuries. And now it is actually being questioned by the left and the green.

It is not included everywhere that says social market economy. Neither a socialist market economy in the style of Sahra Wagenknecht nor a controlled green market economy will be able to develop the power that lies in Ludwig Erhard’s idea. Example of climate protection: The social market economy was successful in the fight against climate change. Greenhouse gas emissions have been reduced by 40 percent since 1990. At the same time, Germany recorded an average growth of one percent between 2000 and 2020. In contrast, the supposed blessing of a green economic miracle through state control has not yet materialized, quite the opposite.

See also  "The company is dying": lingerie manufacturer criticizes Lars Windhorst

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy