Thursday 19 December 2013

Growthism

'Britons back Tory obsession with Growth' according to the i newspaper of 18th December. In a survey by ComRes, 41% thought the highest priority was for the economy to grow. It is depressing that so many still believe in the religion of growth, which is founded on the myth that the way to end poverty is for the whole economy to grow. In reality the way to end poverty is to use every means possible to prevent a minority of the population from taking most of the wealth and income, but that would attack the foundation of capitalism. As a country, Britain, like other rich countries, is already using resources at far beyond the sustainable level, and gains in income since the 1970s have added little to people's satisfaction with life.

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