Britain’s Fault-Lines
I argue here that these fault-lines originate in real and deep differences that have emerged in Britain over decades rather than in the few years since the financial crisis.
I argue here that these fault-lines originate in real and deep differences that have emerged in Britain over decades rather than in the few years since the financial crisis.
We should be mindful, as ecological economist Herman Daly once remarked, that policy-making in taxation, greenhouse gas emissions, pensions, criminal justice, welfare, etc, requires boundaries.
We have become so used to the idea that the middle classes are the winners that it is difficult to get our heads around the fact that something important is changing. It isn’t just the poor who are under pressure: the middle classes are no longer winning either.