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Is There a Growth Imperative?
There's a fundamental scepticism around capitalism itself being a salvageable system. And i think that, unfortunately, our public policy makers have not done a good job of articulating why growth matters. It means we're not really doing the hard work that's necessary for an economy to thrive and survive over the long term. But there's absolutely no doubt in my mind that a system that allocates capital and resources, which by enlarge, end to be scarce, is the system we ought to aspire for,. The type of capitalism that we have practised has tended to pursue short cuts. Sove reaching for more debt, a which in a short term looked attractive, tax breaks, et ceter