Home > Kev's Blog > 9-Aug-2013 Money – Scourge of the rich

9-Aug-2013 Money – Scourge of the rich

Friday 9 August 2013 Leave a comment Go to comments

There was a great great article in the Guardian a few weeks back that I only just read today. It’s written by George Monbiot one of the smartest journos around today (there is a lot of dross of course).

Why the politics of envy are keenest among the very rich

Snippet here:

Essential public services are cut in order that the wealthy may pay less tax. But even their baubles don’t make them happy.

But this mindless, meaningless accumulation cannot satisfy even its beneficiaries, except perhaps – and temporarily – the man wobbling on the very top of the pile.

The same applies to collective growth. Governments today have no vision but endless economic growth. They are judged not by the number of people in employment – let alone by the number of people in satisfying, pleasurable jobs – and not by the happiness of the population or the protection of the natural world. Job-free, world-eating growth is fine, as long as it’s growth. There are no ends any more, just means.

In their interesting but curiously incomplete book, How Much is Enough?, Robert and Edward Skidelsky note that “Capitalism rests precisely on this endless expansion of wants. That is why, for all its success, it remains so unloved. It has given us wealth beyond measure, but has taken away the chief benefit of wealth: the consciousness of having enough … The vanishing of all intrinsic ends leaves us with only two options: to be ahead or to be behind. Positional struggle is our fate.

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