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This article seeks to unpack how the generation of profit impacts social and ecological sustainability. It begins by framing profit as not necessarily sustainable or exploitative. Social and ecological inputs and impacts are necessary for economic processes and when social and ecological...
Persistent link: https://www.econbiz.de/10013387335
Persistent link: https://www.econbiz.de/10011586265
We present a model based on Keynesian aggregate demand and labor productivity growth to study how climate damage affects the long-run evolution of the economy. Climate change induced by greenhouse gas lowers profitability, reducing investment and cutting output in the short and long runs....
Persistent link: https://www.econbiz.de/10011926450