Ah, the fixed ends, the variable means…
With market capitalist principles abandoned in all but name, the Neoliberal Ascendancy was replaced by a Post-Capitalist Expediency (PCE), whose aim is the maintenance of the status quo, including its greatly widened inequalities, by all available means.
It’s as though, for want of a non-controversial term, a Giant Invisible Controlling Hand were keeping us fixated on the false proxy of GDP. (and who benefits from the world being described that way?, I hear Seth Godin whispering).
So here seems to be a real-world collective phenomenon to maybe put things on a more positive footing. Can PCT offer anything to add to, or indeed subtract from, Morgan’s (or similar) analysis that might help us better understand and interpret our global (and local) economic predicaments and problems?