NEOLIBERALISM AND CLIMATE CHANGE: TOWARDS A SUSTAINABLE ECONOMY THROUGH THE GREEN NEW DEAL

XIV International Conference on Industrial Engineering and Environmental Protection – IIZS 2024, str. 420-426

 

АУТОР / AUTHOR(S): Edi Daruši

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DOI: 10.46793/IIZS24.420D

САЖЕТАК / ABSTRACT:

Given the magnitude of the global climate crisis, minimal taxation and market-based regulations aimed at limiting carbon dioxide emissions have proven inadequate in mitigating climate change. As such, the delegation of governmental capacities to the private sector, focused predominantly on efficiency measures, has been ineffective in addressing the complexities of climate change. What is required, therefore, is a comprehensive transformation of the economic system. Governments must prioritize investment in domestic capacities, particularly in sectors such as production, public procurement, and public-private partnerships, with the overarching aim of serving the collective public interest, rather than merely maximizing corporate profits. This necessitates an economic restructuring oriented towards ambitious objectives critical to both human and planetary well-being, while simultaneously reevaluating the framework of capitalism to confront the most pressing challenge of our era. Corporate governance must realign with public interest principles. A shift in public discourse, political rationality, and economic paradigms is imperative for fostering the development of new global values. Drawing historical parallels with the Marshall Plan and Roosevelt’s New Deal is essential, as these initiatives illustrate instances where humanity demonstrated the capacity to conceptualize socio-economic change on a comparable scale.

КЉУЧНЕ РЕЧИ / KEYWORDS:

hazardous chemical, management, sustainable practices

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