Rachel Reeves thinks the economy has to grow to make everyone better off. But is she right? And in a finite world is growth on the scale she wants even possible? youtu.be/Y9Iw1WMSZNs?... - ThreadSky

richardjmurphy.bsky.social • 3 days ago

Rachel Reeves thinks the economy has to grow to make everyone better off. But is she right? And in a finite world is growth on the scale she wants even possible?

https://youtu.be/Y9Iw1WMSZNs?si=2kuHHnwQv90rqk_f

Comments

eagleneedle.bsky.social•3 days ago

Nothing she has done so far will make the economy grow. Ignoring Trump and Brexit is just pissing in the wind.

woody71.bsky.social•3 days ago

I believe she needs to resign immediately. Her neoliberal based budget will not create growth & relies solely on foreign investment propping up the pound

ferrickbrick.bsky.social•3 days ago

In nature, too much growth weakens the roots, so judicious pruning of the top becomes a necessity. In society, we face the challenge that the pruning shears are in the wrong hands.

palvara.bsky.social•3 days ago

True.

drunkratel.bsky.social•3 days ago

In the abstract, he's right.
The problem is that in the concrete, the system has been arranged to benefit the already very wealthy at the expense of the relatively poor.
More growth will only amplify that.
At this point, redistribution should take priority.

clarewadd.bsky.social•3 days ago

If the economy does grow there’s no reason to think the benefits will be seen by the wider population rather than just a select few.

catsbetterthanmen.bsky.social•3 days ago

NOOOOOOOO!!!!
The human economy is at war with the natural world.
We do NOT need perpetual growth, we just need ENOUGH.

nashvilletea.bsky.social•3 days ago

Infinite growth is a scam perpetrated by psychopaths who know that they’re running a scam. These are the smartest people in the country running things. Yes they are heinous individuals but they’re sharp.

bellshill.bsky.social•3 days ago

And this government are the puppets of those not at all smart criminals.

art4ant.bsky.social•3 days ago

Invasive species “grow” and destroy the broader ecosystem. What we need is sustainable, regenerative growth that creates symbiotic relationships within and healthy ecosystem/economy

Comments

Posting Rules

Reply