Economic growth: the cause of, and solution to, all life’s problems
Save time by listening to our audio articles as you multitaskBut the sections on economic growth stick with the reader longer than Charles’s Freudian analysis of the shape of an almond. Mankind is on a path to misery, expanding gross domestic product at the expense of the environment, argues Charles. An addiction to consumption leaves people stressed.is a 20th-century measure in a 21st-century world. Unfortunately for the new king, a person who takes the opposite view now sits in Downing Street.
Some aspects of the Carolean view are reasonable. Boosting the economy while ignoring environmental harm would be bonkers. Charles notes that increases instop correlating with increased happiness above a certain level. Sometimes the problem is the messenger more than the message. Arguing that there is more to life than money is a platitude. It is, however, a strange sentiment from a man who lives in a palace.
Consumption is a cause of our ills, argues Charles: “Poverty, stress and ill health…seem reluctant to respond to the cure of yet more consumption.” Economic growth has failed to alleviate these symptoms, he laments. Ms Truss sees consumption as the cure. It is such a fundamental aspect of her ideology that, even with the possibility of blackouts this winter, the government dares not ask people to turn down their thermostats and throw on jumpers.
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