Economic growth is not fundamentally important. For example, perfect egalitarian societies like many hunter-gatherer clans or the Hakka societies occupying the Fujian Tulou could experience zero economic growth and still be absolutely fine as long as they maintain the same standard of living from year to year.
Economic growth becomes far more important for backward societies that function off of hypocritical elitism, oppression, enforced poverty, and some form of forced labour. These are the qualities of inverse civilization which includes all slave-making civilizations.
Within slave-making societies, the easiest and most convenient position is to be a slave-maker. As long as you force others to work and constantly keep others busy and oppressed, you get to climb to elite ranks, don’t have to do much work yourself and can get away with it because everybody else is so tired and desperate for any crumb you throw at them that they can’t rebel against you.
Inverse civilization is as old as civilization itself. The characteristic traits of inverse civilization are detailed in The Epic of Gilgamesh:
“Gilgamesh, two-thirds god and one-third man, is oppressing his people, who cry out to the gods for help. For the young women of Uruk this oppression takes the form of a droit du seigneur — or “lord’s right” to sleep with brides on their wedding night. For the young men (the tablet is damaged at this point) it is conjectured that Gilgamesh exhausts them through games, tests of strength, or perhaps forced labour on building projects.”
In my opinion, Branson is a huge phoney. He does all the fake-liberal humanitarian PR-activities of those who pretend to care about humanity, but who then give tacit support to atrocities such as genocide in Gaza.
Lately, many activists have been elucidating the fact that the highest-efficiency economy would be one where machines and technology replace all human labour. However, this results in the obvious problem that everybody is poor/unemployed despite exponential increases in output as well as the fact only those owning the means of production truly benefit, shattering the notion that extreme wealth inequality will result in more for everybody.
In response to such growing awareness, Branson posted an article stating that entrepreneurs work hundreds of hours more than the regular person, implying they deserve to have what they have. However, because he is such a nice guy, he’s willing to advocate for shorter work weeks and hours for his employees—as long as he is still in control of them, of course.
Furthermore, despite caring so much about the public, on continuing British membership in the EU, despite supporting the notion, Branson opposed having a referendum on the issue, lest the public actually get a taste of true democracy.
Republicans pursued food-stamp cuts last year, and blocked a deal to extend unemployment benefits during budget negotiations in December. On Tuesday, a handful of Republicans joined Senate Democrats to advance a bill reinstating the benefits for three months, but the agreement faces an uphill battle in the GOP-controlled House.
As I stated in one of my other blogs, a tactic of more sinister personality-types is to convince everyone else that selfishness is all that exists and that people are supposed to be that way. That’s why countries like the US and Britain worked so hard to make sure highly democratic forms of economic development didn’t take place.
I wish Friedman was still alive today so I’d have the opportunity to tell this lizard-faced lunatic exactly what I think about him in person.
Obviously, I have my own stance on economics which I’ve discussed in previous posts (A Challenge to the Economists), but will be discussing in more detail in future posts as well.
In my opinion, the things I feel I have a responsibility to say and do not only generate no income, they are a hindrance to generating better income. I think I need to put in a lot more work, pain and suffering contributing what I feel is of highest value to society than those who just work full-time their entire lives (and think that all paid work is somehow a real contribution) and get to enjoy a more regular lifestyle.
Even in Canada, it takes months to find (and get approved for) an individual insurance plan (independent of plans paid by employers) that will cover the antidepressants I wouldn’t need to be taking if the system wasn’t set up for the wealthy elites. I feel the moment you stop working, everything is rescinded. The only reason this occurs is because those who support keeping people unnecessarily poor fare better in this system than those fighting against it, (in my opinion.)