Monday, 21 May 2012

Nothing new (or much) to say

So the g8 summit can be summed up in 2 words: Jobs and Growth. Fantastic conclusion to an international summit - a two word summary ('more' jobs is to be inferred). I suppose the summit itself generated work for people, making it good in itself by the reckoning of these sound-bite economics.

Are they not even bothering to break down these buzzwords a little bit? Do they just say them now? Jobs, growth austerity, debt, deficit? They have nothing new left to say and nothing new left to do. They are a spent force.

They can't start to relate these terms to actual human needs and problems, because if they do, they immediately expose the inbuilt contradictions in the system.

Growth cannot be infinite on a finite planet
Growth is growth in GDP, and GDP includes things we do not want to see, but which nevertheless cost £ and so count in GDP. GDP also excludes things we do want to see.
Jobs. Why do we want more jobs? We don't want more jobs at work, or in our homes. We don't want our services to cost more, but more jobs will do just that.
And even 'they' don't want more jobs in the public sector. Public sector jobs are bad jobs and must be privatised or got rid of. Private sector jobs are good, even though the private sector needs to be efficient nd therefore achieve the same with fewer jobs.

The only way we can get more jobs without being less cost efficient is by consuming more - there's you growth - and being less resource efficient. When we've used everything up or polluted the planet so it can no longer sustain us we will all die and there won't be any more need for jobs or growth. Meantime, we need to rush as fast towards this cataclysm as we can.

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