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Showing posts with the label society

Have We Reached The End of Growth?

  End of the road for economic growth in the UK? The UK government - and most Western European governments - hyperfixate on economic growth  as a measure of political success: If growth is strong, the claim goes, then the government of the day are doing things right, regardless of how popular their policies are with the public.  If growth slows, the government has clearly made the wrong decision, and needs to alter course, and prove that they deserve  to be in charge. This is something that has become a sacred truth in government.  "This will destroy  growth!"  "This risks crashing  UK growth prospects!" have become ever-more aggressive reactions to policy suggestions from opposing parties, or individual politicians.  Initially, I assumed this was deliberate fear-mongering; because the public associates "economic growth" with " my  individual life improving, me as an individual  having more money for less work, and everything gettin...