Comments on: Financial crisis blamed on “growth at any cost” school of economic thinking http://www.ianfraser.org/blame-for-financial-crisis-laid-at-door-of-growth-at-any-cost-economic-thinking/ Journalist, Blogger, Broadcaster Wed, 08 Feb 2012 13:37:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Christopher Taylor http://www.ianfraser.org/blame-for-financial-crisis-laid-at-door-of-growth-at-any-cost-economic-thinking/comment-page-1/#comment-20860 Christopher Taylor Mon, 06 Apr 2009 15:14:14 +0000 http://89.145.88.120/~ianfrase/?p=674#comment-20860 I think people really need to get out more and find out how big the earth is. It is true that the planet has finite resources, but we've tapped about 1/1,000,000th of it, and we've not even left to find resources outside the planet. This kind of nonsense has been repeated since the 19th century and every single time it is proved not just nonsense, but embarrassingly humiliating nonsense. There's nothing wrong with being responsible stewards of the world we're given, and it is unethical to not care for our resources wisely, but this kind of argument is simply ignorant and absurd. I think people really need to get out more and find out how big the earth is. It is true that the planet has finite resources, but we’ve tapped about 1/1,000,000th of it, and we’ve not even left to find resources outside the planet. This kind of nonsense has been repeated since the 19th century and every single time it is proved not just nonsense, but embarrassingly humiliating nonsense. There’s nothing wrong with being responsible stewards of the world we’re given, and it is unethical to not care for our resources wisely, but this kind of argument is simply ignorant and absurd.

]]> By: Jamie MacLeod, Benbecula http://www.ianfraser.org/blame-for-financial-crisis-laid-at-door-of-growth-at-any-cost-economic-thinking/comment-page-1/#comment-18309 Jamie MacLeod, Benbecula Thu, 18 Dec 2008 11:40:57 +0000 http://89.145.88.120/~ianfrase/?p=674#comment-18309 I agree with Roger. The crisis presents us with a one-off opportunity to re-evaluate our approach to economics and indeed to life. In the article he says "I am incredibly optimistic about the opportunity we find in this crisis for us to stop and think about the lives we lead …." But the evidence so far is not promising. The government's solutions so far - including propping up rotten lenders such as HBOS and RBS - and borrowing even more money to provide a stimulus package, despite the parlous state of the UK's finances, suggest that Brown, Darling et al have learnt few lessons from this crisis. I agree with Roger. The crisis presents us with a one-off opportunity to re-evaluate our approach to economics and indeed to life.

In the article he says “I am incredibly optimistic about the opportunity we find in this crisis for us to stop and think about the lives we lead ….”

But the evidence so far is not promising. The government’s solutions so far – including propping up rotten lenders such as HBOS and RBS – and borrowing even more money to provide a stimulus package, despite the parlous state of the UK’s finances, suggest that Brown, Darling et al have learnt few lessons from this crisis.

]]> By: It’s another morning in the empire of consumption… connecting dots? « OPENUPtheSUN http://www.ianfraser.org/blame-for-financial-crisis-laid-at-door-of-growth-at-any-cost-economic-thinking/comment-page-1/#comment-16923 It’s another morning in the empire of consumption… connecting dots? « OPENUPtheSUN Tue, 21 Oct 2008 16:53:38 +0000 http://89.145.88.120/~ianfrase/?p=674#comment-16923 [...] more reading… Bill Moyers Interviews Andrew J. Bacevich, Ian Fraser [...] [...] more reading… Bill Moyers Interviews Andrew J. Bacevich, Ian Fraser [...]

]]> By: Cory http://www.ianfraser.org/blame-for-financial-crisis-laid-at-door-of-growth-at-any-cost-economic-thinking/comment-page-1/#comment-16917 Cory Tue, 21 Oct 2008 14:55:32 +0000 http://89.145.88.120/~ianfrase/?p=674#comment-16917 This is a hopeful and necessary conversation. Asking why rather than blindly trusting in a system of economics. The system needs to be controlled and it needs to account for the value of the natural systems on which it depends. This is a hopeful and necessary conversation. Asking why rather than blindly trusting in a system of economics. The system needs to be controlled and it needs to account for the value of the natural systems on which it depends.

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