Thursday, January 02, 2025

Growth or no growth?

 Labour are in trouble for not delivering ‘growth’. But given that the planet is being consumed and the climate turned upside down by ever-increasing growth, why doesn’t political success lie with ‘no-growth’ policies?

Because capitalism needs ‘growth’ to deliver profit for that small percentage who own most of the planet’s wealth. Yet scientific research shows we can already produce enough to provide a comfortable living standard for everyone on the planet without overburdening the world’s ecosystem. 

But this could only be implemented within a system of common ownership and democratic control of the world’s resources with production geared to meet needs not profit. As the futurologist William Gibson said: ‘The future is already here. It’s just not being evenly distributed.’


https://www.worldsocialism.org/spgb/

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