19-08-2022, 11:45 AM
Well, if we need a new direction - 'we can choose to rewrite the rules again.'
https://www.nzherald.co.nz/nz/chloe-swar...sHagv6P_O0
"Who is the economy for?
The economy is all of us and the things we create. It's not a God that we need to sacrifice to or suffer for. It's a set of rules that governs and prioritises the things we value, to produce the outcomes we want.
As election year looms and conversations around the economy percolate, it's worth asking what kind of economy we want. Do we value a healthy natural environment, strong mental and physical wellbeing and community connection?
Wellbeing of people and the planet has, in fact, long been cashed in for GDP growth. Yet half a century deep into the failure of trickle-down economics, some political players are still trying to tell us we can't "afford" decent lives and a liveable planet. The Greens – and a whole lot of evidence – reckon it's actually greed we can't afford.
Earlier this year, ground-breaking longitudinal economic research out of London's Kings College found tax cuts for the rich lead to higher income inequality both in the short and medium term. These trickle-down tax cuts also have no significant effect on economic growth or unemployment.
Half a century ago the rules were rewritten in favour of the wealthy, at the cost of our collective wellbeing. The post-war social contract consensus was shredded in favour of individual competition over collaborative progress.
Amidst a global pandemic, climate emergency and escalating inequality, we can choose to rewrite those rules."
https://www.nzherald.co.nz/nz/chloe-swar...sHagv6P_O0
"Who is the economy for?
The economy is all of us and the things we create. It's not a God that we need to sacrifice to or suffer for. It's a set of rules that governs and prioritises the things we value, to produce the outcomes we want.
As election year looms and conversations around the economy percolate, it's worth asking what kind of economy we want. Do we value a healthy natural environment, strong mental and physical wellbeing and community connection?
Wellbeing of people and the planet has, in fact, long been cashed in for GDP growth. Yet half a century deep into the failure of trickle-down economics, some political players are still trying to tell us we can't "afford" decent lives and a liveable planet. The Greens – and a whole lot of evidence – reckon it's actually greed we can't afford.
Earlier this year, ground-breaking longitudinal economic research out of London's Kings College found tax cuts for the rich lead to higher income inequality both in the short and medium term. These trickle-down tax cuts also have no significant effect on economic growth or unemployment.
Half a century ago the rules were rewritten in favour of the wealthy, at the cost of our collective wellbeing. The post-war social contract consensus was shredded in favour of individual competition over collaborative progress.
Amidst a global pandemic, climate emergency and escalating inequality, we can choose to rewrite those rules."
in order to be old & wise, you must first be young & stupid. (I'm still working on that.)