Prosperity from capitalism is based on growth. It is therefore an ugly prospect deliberately limiting economic growth. Our system relies on it. Periods of flat or negative growth are referrd to as recession or depression and send fear through the average punter. For many years people have been putting forward the argument that Australia is full. Environmentally, it can not sustain larger populations in a responsible manner.Just where does it all end though. In terms of both the economy and the country just when is it time to say, enough! No more economic growth no more population growth. Population wise, is it when we are literally living on top of each other, and in terms of the economy is it when all possible resources have been exhausted? We need to make decisions before we live the misery that is the extremes of these issues. It seems to me that there are fundamental flaws in our way of living - Growth can not go on for ever and at some stage, preferably before we are living in misery , we need to make tough decisions that enable a quality of life worth living for.

Truth Probe “Prosperity from capitalism is based on growth.”

No it is not

“Prosperity from capitalism” is based on generating added value, regardless of growth or contraction.

The incumbent Australian government are pump-priming to sustain growth at present but

No “prosperity” will ensure, quite the opposite.

“Periods of flat or negative growth are referrd to as recession or depression”

Yes that is the economists stock definition

Unfortunately the practitioners of the dismal science (which is really an art) have a habit of disagreeing with one another and sometimes themself.

It applies if you are stuck on Maslow’s first level (like most socialists)

However, Margaret Thatcher is renown for saying

“Economics is the method, the goal is to change the soul”

In other words, economics and theories thereof deal with only one facet of the life experiences available to us all. Undue focus, exclusively on economics does no one any good whatsoever

“we need to make tough decisions that enable a quality of life worth living for.”

The best decisions which produce “a life worth living “are those we make for ourselves and don’t relegate to government to make for us.

However, one economic consideration is employment and immigration and it seems stupid for any government to import people, especially those of dubious skills, merely to add to unemployment lines.

Col Rouge demonstrates again the old maxim - cocksure ignorance triumphs over thoughtful uncertainty.

Hi sorry to invade but i'm looking at getting in contact with Stg as i read an earlier post of yours regarding your missus having a lung transplant and cystic fibrosis. I am in the same position and would like to find out if you and your partner have discussed or gone down the children road yet.

Hey Lisa. More than happy to talk to you about it.

My email is pemibobe@gmail.com

No one else has permission to use this email.