By Lauren Peacock - Green Economy Coalition – April, 2015
On May 7th 2015, the United Kingdom goes to the polls to elect a brand new government. The competing political parties' environmental policies haven't seen the prominence the GEC feels they deserve, but the Greener Britain Hustings offered a chance to see four of the most environmentally engaged parties discuss their green priorities for the next UK Parliament.
The problems of the market are often reflected in problems in political systems. The short-termism of the way markets often function, creating instability for business and for whole national economies can unfortunately be amplified by the short-termism of democratic political systems.
To enable businesses to function more sustainably, mechanisms to encourage long-term thinking should be introduced.
Are our structures of economic decision-making fit for purpose? That depends on what the purpose is, of course. If decisions need to be made for the long-term, and if they should take into account a balance of different interests and concerns, which they should, then the answer has surely got to be no.
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