
Originally Posted by
westlondoncarparts
Unfortunately a large proportion of the world’s population live in or close to poverty and just manage to get by.
It is not because there are not enough resources to support everybody, it is because of how the resources are distributed.
There needs to be a reasonable balance between enabling individualism but also supporting the needs of wider communities.
In the western model, individualism at the expense of the wider needs of communities is encouraged. This is at the root of problems of poverty – the vast majority of people controlling resources take for themselves and look after themselves only
It’s the ‘I’m all right Jack, let everybody else look after themselves’ mentality.
With regard to the UK economy, there is a need to manage the build up of external debt which has been increasing because the Government has been spending more than it receives in taxes. The way to have sorted this out would have been to get the economy growing so that there was higher employment, less welfare payments, and more tax revenue for the Government. The present Government has its own ideological agenda which is why it has gone for austerity. There has not been the need for such deep cuts in public services, it has been a matter of political choice rather than necessity.