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Economics with social conscience : Comments
By K.C. Boey, published 9/7/2008The criticism of 'intellectual' Rudd today is of a man with a populist bent entangling himself in everyday issues rather than the big picture.
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This indicates that he has NO IDEA about the fundamental necessity of matching demand with supply, in a country where the supply capability of many fundamental resources is under great threat, not least water.
He has taken the line that rapidly increasing all things human with no end in sight is apparently the only way to keep the economy strong. He can’t see that a rapid rate of economic growth is necessary just to maintain the same average standard of living for the rapidly increasing population, with no net gain for the majority, just for a few already rich and powerful people.
Craig Emerson, who is a former Director General of the Queensland Department of Environment and Heritage, who has a doctorate in economics and who you espouse as being a reasonably sensible economist, is having nothing to say about this! So there goes his credibility entirely!
We DESPERATELY need Nelson to get his act into gear and start espousing genuine sustainability, including urgent population stabilisation and a stabilisation of economic growth some time later, so that a real alternative government that resonates strongly with rapidly growing concern in the general community can be put forward in time to win the next election…..and so a sensible rather than critically future-threatening economic regime can be developed.