Anybody else think the global economy is about to go pop? I think that’s mostly down to a belief that companies are too important to fail and therefore the measures taken in the event of an economic crash are predominantly about propping them up. Although it could be more efficient and fairer, I don’t see any real problem with the underlying framework of the global economy and the needed opportunities and benefits that it gives developing economies and societies. We are at a point where we could and should be looking at how the economy serves the wider population and the health of society. That’s fine except there is a problem with the underlying framework of the global economy.

Source: The Guardian October 05, 2023 06:32 UTC