tag:blogger.com,1999:blog-5449677811690616608.post8716492927092048653..comments2023-12-15T21:49:46.651+01:00Comments on Pluralist Speaks: Forthcoming Economic CollapsePluralist (Adrian Worsfold)http://www.blogger.com/profile/01922153724523820866noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5449677811690616608.post-84362956524646365962013-03-10T18:41:07.436+01:002013-03-10T18:41:07.436+01:00I don't disagree but does economic theory have...I don't disagree but does economic theory have no role? I know economics has a dodgy reputation but there must be some analysis possible.Pluralist (Adrian Worsfold)https://www.blogger.com/profile/01922153724523820866noreply@blogger.comtag:blogger.com,1999:blog-5449677811690616608.post-43135021039924087332013-03-10T13:20:28.022+01:002013-03-10T13:20:28.022+01:00Absolutely right Pluralist.
My view is that people...Absolutely right Pluralist.<br />My view is that people are looking for economic solutions when we should be looking for moral solutions. No economic theory is going to reverse a deteriorating situation caused by too much confidence in economic theories.<br />In peace time, societies usually polarise, with the rich getting richer and the poor getting poorer. This is because money brings power and power brings money. Three things can reverse this: war, revolution or deliberate government policy to redistribute wealth and power. But the greater the polarisation, the more power the ultra-rich have and the harder it will be for any government to redistribute. <br />Jonathan Clatworthyhttps://www.blogger.com/profile/00131741258996509637noreply@blogger.com