Is growth essential? ..... and the impact of the bankers...

Zoe williams in the Guardian has an article arguing for a Plan C that isn't dependent on the fantasy of economic growth. Well done, Zoe. An excellent and ,clearly, provocative article. I have never understood the emphasis on growth. The UK has to be in a phase of decline, having gone from Empire to nation and from the manufacturer for the world to barely a manufacturer at all.

Her comments about the quality , insight and ability (of all) our politicians are well deserved. They all seem to want to strut Europe and the world as global leaders and all talk about 'punching above our weight'. The reason they all love the finance sector is that it makes them feel that they have something big to brag about to their peers. And the existence of that finance sector is what has allowed them to indulge themselves in the fantasy economics of the last 20 years.

It looks as though the finance sector could now fade away and UK politicians will surely then have to grapple with the problems they have avoided for over a generation: making our modest way in the world, living within our means, establishing solid opportunities for our people.