Re:Green recovery must end the reign of GDP, argue Cambridge...
by oblio on Monday December 14, 2020 @01:22PM
(#25421116)
What determines the value of anything?
We do it the same way we do with everything else:
> The economy of the United States is that of a highly developed country with a mixed economy
> A mixed economy is variously defined as an economic system blending elements of a market economy with elements of a planned economy, free markets with state interventionism, or private enterprise with public enterprise.
Getting back to your question:
We establish a market for this, guided/corrected by state intervention if and when needed.
We do it the same way we do with everything else:
> The economy of the United States is that of a highly developed country with a mixed economy
> A mixed economy is variously defined as an economic system blending elements of a market economy with elements of a planned economy, free markets with state interventionism, or private enterprise with public enterprise.
Getting back to your question:
We establish a market for this, guided/corrected by state intervention if and when needed.