The current government is claiming a rockstar economy – never mind that most of the activity is a bubble (immigration, earthquake rebuilds & house price rises raising aggregate demand, while we still aim for 3rd world production systems producing cheap products with cheap labour and lowering environmental and social standards).
Meanwhile they degrade the social capital, and focus on the corporate commodity (cheap high throughput cost focus factory approach) rather than high value, long value chain, local ownership and batch processing.
And the degraded environment is exactly the opposite of what we need to sell at a high price into discerning markets. Dumb economics. Reblogging.
They don’t think of ‘trust’ much when they talk about the economy. They split it up. They, the technocrats. They put such things as ‘trust’, ‘integrity’, ‘truth’ and ‘justice’ in the box marked ‘social’; something to deal with “after we get the economy right.”
The ‘economy’ is presumed to be about measured outputs and inputs, jobs, resources, costs, returns, GDP. The environment is even more disconnected. It’s just a set of ‘resources’. Easier to exploit when you remove moral consideration for generations to come, or of any need to understand how an environment and a society actually work in the long term.
It leads to an engineered future in a world they think is certain and controllable, to autocracy, hierarchy and obedience, to small set tasks, to the grind of life within a corporatised machine where free thought is a risk, and where expression of that thought – whether from…
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