The danger of economics determinism:
looks like Rachel Reeves in a renewed (continuing) austerity strategy ('forced' on her by the bond markets) will require Govt. Depts to justify how their activities contribute to growth; those that cannot make a convincing case will be the key areas looking at severe (further) cuts.
In other words prepare yourself for the worst sort of economic determinism & instrumental thinking.... its going to by a myopic, socially damaging fiasco!
#RachelReeves
h/t FT
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HarriettMB
In response to this post@ChrisMayLA6 Making the poor even poorer will not solve any problems. Making the middle class poor also will not solve any problems. Reeves needs to be an adult in the room, and change the tax system so the wealthy, tax-efficient pay a lot more tax. More deprivation and poverty costs more in ill-health, in education, in hospital, in work availability etc. It’s basic and obvious - why can she not see this?
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