“The conditional programs inherently use poverty as a threat. That’s Cruel. Shouldn’t we be ashamed of ourselves?” ―
The mounting crisis caused by the COVID-19 pandemic is forcing countries to adopt unprecedented measures to combat it. In addition to the public health measures such as physical distancing (not social distancing. At times like this we need MORE social solidarity) we’re also seeing unprecidented measures being deployed to salvage an economy that has practically ground to a halt. Unlike any economic recession since possibly the 1930s we’re seeing a combined demand and supply shock. The virus makes it hard to make and sell things and everyone is at home in quarantine so no-one is buying the things anyway.
This isn’t true of all sectors of course and a great deal of effort is being expended to keep essential services like food deliveries running. In addition to my friends working in the health service and my family working in the care sector, my hat goes absolutely off to my friends working in the food sector. When the day comes that we’re allowed to buy a round for each other again, they’ve all more than earned a few from me.
“Be sure you know the conditions of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations.” – The Bible, Proverbs 27: 34-35
The Guardian reports today that an adviser to the UK Chancellor of the Exchequer – remember that he’s in the job now because the previous incumbent resigned because of a political fight involving who controls his advisers – is claiming that the UK’s fishing and farming sectors should be seen as expendable because they only constitute 1% of the UK’s GDP thus only make up something like a rounding error in the national scheme of things. Instead, he claims, the UK should become more like Singapore and just buy in the food we need. While the UK Government is distancing itself from the comments, it’s not the first time that those in those offices have promoted such views.
Let’s have dive into the data to pull out some of the implications of this potential policy.
As an aside, meet one of my neighbours
“In contradiction and paradox, you can find truth.” – Denis Villeneuve
On Saturday I, like a hundred thousand others, attended the All Under One Banner march in Edinburgh. I was struck by a couple of observations about the crowd beyond the sheer size of it.
“Fact be virtuous, or vicious, as Fortune pleaseth” –
It’s that time again! The annual GERS report has been released and interested parties continue to analyse, pick apart and spin the numbers as required. And my now annual tradition of diving into the numbers continues with another installment.
You can read my coverage of GERS 2013-14, 2014-15, 2015-16, 2016-17 and 2017-18 behind those links.
You can read the report and download all of the data tables for this year’s report here.
“When moral posturing is replaced by an honest assessment of the data, the result is often a new, surprising insight.” –
The SNP conference was marked by several important topics that were thrashed out on the floor on the day and in the press and online in the weeks and months preceding. On the Growth Commission in particular, I was personally invested in a great deal of that discussion so I know how many tens of thousands of words were written around that topic.
The following day saw another topic discussed which was somewhat less well covered in the press was the motion presented by Agnes McAuley and Ronnie Cowan MP on the creation of a Scottish Statistics Agency. Continue reading
“Perhaps the answer is that it is necessary to slow down, finally giving up on economistic fanaticism and collectively rethink the true meaning of the word “wealth.” Wealth does not mean a person who owns a lot, but refers to someone who has enough time to enjoy what nature and human collaboration place within everyone’s reach.” – Franco Bifo Berardi
This weekend will see the SNP conference and the long awaited vote on whether or not to adopt the Sustainable Growth Commission’s report as the party’s main economic strategy for an independent Scotland. After almost a year of discussing this document, the party will have their final say on whether or not to adopt it as party policy.
I have written tens of thousands of words of critique, commentary and policy work on this topic. There will be more to come between the time that this blog is published and the vote on Saturday afternoon. Much of it has been centred around currency and the macroeconomic policies. Here, I’d like to look at things from a slightly different lens. How does the Growth Commission reflect upon Nicola Sturgeon’s plan to introduce a Scottish Green New Deal?