In an interview with RATIO kompakt, a magazine by RKW Baden-Württemberg, Prof. Dr. Dr. Dr. h.c. Radermacher advocates for implementing rules for sustainability on a global scale.

A worldwide eco-social market economy is a goal that Prof. Radermacher and FAW/n have long supported. In the interview, the professor explains exactly what he means by this and why there does not have to be a conflict between the market and sustainability. He emphasizes that only a global approach can lead to the desired results. The established system must be “overcome” so that capitalism does not operate at the expense of the environment, nature, and poorer countries. To achieve this, “one must understand the world as a community,” says Radermacher. Professor Radermacher also outlines both the failures and successes of recent years, highlighting the crucial role played by the private sector.

The full interview on these topics, as well as on overcoming the COVID-19 crisis as a gateway to sustainable growth, can be found here.

Image source: geralt (pixabay)