English / ქართული / русский /
Vasil Khizanishvili
ECO-SOCIAL MARKET ECONOMY OR “THE HUMAN ECONOMY”

Summary 

Eco-social market economy or “the human economy” presents an economic, ecological and social-political approach, where market-oriented, social and ecological aspects create “the strategic triangle”.  To protect and keep the balance between the three sides of this triangle is a primary task.

Eco-social market economy means not ideal harmony, but permanent struggle between the different interests of the various political and social forces for the rational balance. Correspondingly, it demands to realize a radical policy at the national, regional and global level.

It is necessary to be the strong social and state institutions, create and secure fair rules of the game under a normative-legal conditions, create a social and ecological standards and realize the transparency in the decision-making process.

Key question of the contemporaneity belongs to the following: which types of the market economy are more effective on the line of the economic success, social justice and ecological sustainability? In most countries under discussion is a question around the neo-liberal and neo-conservative market economies today. Between this are two alternatives is the social and economic market economy, the open and flexible system.

The conception of the eco-social market economy is directed to balance the free market economy. It aspires to the social justice, as well as a long utilization and defense of the natural resources. It presents a holistic model, which is based on the strong and innovative economy.

Our economic and social system with present form is depended on the quantitative economic growth. Though, decrease of the economic growth temps and increase of deficit of resources puts a question about that, how we can ensure a welfare at the national, regional and global level for a long time. Program of the eco-social market economy makes accent not only at the quantitative indices, but mostly at the qualitative indices.

A starting point of the eco-social market economy is a such consideration, which instead of the quantitative growth of the Gross Domestic Product, address to the quantitative improvement. The qualitative growth must change the economic growth, which is based on the intensive utilization of the resources. It demands a preservation of the economic, ecological, social and cultural foundations.

The eco-social market economy also focuses on the fiscal policy. The eco-capitalism offers to us a new taxation and subsidy radical reform. The main idea of the fiscal reform is to shift a taxation load from the social acceptable work on the unhealthy activities.

The eco-social market economy is based on the social market economy. It amends there, where the market forces can’t show hard results. One can say that the synthesis of the market economic, social and ecological aspects forms alternative market fundamentalism, basis of which is the innovative market economy with social justice and ecological responsibility.