By César Reyna Ugarriza, consultant in economic, political, and social issues. Email: cesarreyna78@gmail.com
The Sustainable Market Economy (SME) represents a paradigm shift in the way economics is conceived and practiced, moving away from the traditional focus on economic growth and profit maximization towards a more holistic approach that take into account the social, environmental, and ethical dimensions of economic activity. By integrating sustainability principles into the market economy, a more equitable, inclusive, and resilient economic system can be created that meets the needs of present and future generations while safeguarding the planet and its resources for future prosperity. The transition to a Sustainable Market Economy requires collaborative work and commitment from all stakeholders, including governments, businesses, civil society organizations, and individuals.
The Sustainable Market Economy (SME) is an economic model that seeks to reconcile economic growth with environmental protection and social welfare. It should be clarified that the SME is not a proposal for an economic model to be implemented by humanity, but rather represents a reality or objective phenomenon of change that has been manifesting itself in various spheres and areas of reality in a progressive manner.
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