Yesterday in the Mail on Saturday Iain Martin contributed an article “Sorry to depress you but there will have to be even harsher spending cuts“. This perpetuates the myth that the world is still a multi-planet one without limits, as economics, as presently constituted assumes.
The reality is, however, that it is a ‘oneplanetworld’ where we are now bumping against resource limits and the balance of economic influence is shifting from the West to the East. ‘Cuts’ are now not the answer to our predicament and our future, not that they ever have been, if had had but the whit to realise.
We have to rethink ourselves as SystemUK against future of a limited and reducing access to energy and other resources, both in an absolute and competitive availability.
Critically we have to rethink how we govern ourselves in a oneplanetworld which is increasingly local and with the resource availability per person per unit of goods and services reducing.
Intelligent and creative Resource Intensity reduction, not knee-jerk ‘Cuts’ is the only way to retain a democratic, coherent and competitive SystemUK in the oneplanetworld.
Iain Martin Mail on Saturday 19 July 2011
…But it’s becoming increasingly clear that the present problems will not be a temporary phenomenon. This week, the newly-created Office of Budget Responsibility released a chilling report on Britain’s longer-term economic prospects. It said that our already high levels of debt will climb to more than 100 per cent of national output shortly after the middle of this century.
The cost of an ageing population — with more and more demands on the NHS — will increase pressure for much deeper spending cuts or big tax rises…..