Enough is enough…..

30 07 2014

This little video came past me during a heated disussion over at The Conversation.  I have to say, it’s one of the very best things I’ve seen in a long time, it almost gives me hopium!  It originated from http://steadystate.org/enough-is-enough

The standout statement for me, who submerges himself in all this stuff and finds it harder and harder to learn something new was this:

“Growth is a substitute for equality of income.  So long as there is growth there is hope, and that makes large income differentials tolerable”

And who said this?  Henry Wallich, former Governor of the Federal Reserve…..  of course as the film reveals, equality of income is also a substitute for growth…  This film also deals with the predicament of debt well.  Tim Jackson, whose lecture on growth is featured elsewhere on DTM makes an appearance also.

Also making an appearance in this film is the idea of Guaranteed Minimum Income, a notion first introduced to me by my own son!

Also of interest, to me at least as a former member of the Australian Greens, is the appearance of a woman by the name of Natalie Bennett from the Green Party of England and Wales.  I really really wish the Australian Greens would explain their economic policies better.  Or at all.  I cannot ever remember either Bob Brown or Christine Milne doing anywhere near as good a job as Natalie Bennett does…..

All in all, I can’t recommend viewing this enough….  and it should be shared widely.