HM’s Gracious Speech
I seriously wonder if this silly Ruritanian flummery has now outlived its usefulness. Maybe it’s just my age. I used to get a bit of a thrill our of it, but not anymore. HM seemed rather bored too.
The new government’s programme is an encouraging wish list of mostly useful proposals, but those that cost money, that is most of them, are to be financed not by our current ability to pay for them, which we have “in spades” but out of further growth, a “something for nothing” device which , as far as I know, was first introduced by Harold Wilson in the run up to the 1964 general election.
Very shortly afterwards, in 1972 the “Club of Rome” published its report “ The Limits to Growth,” warning that the planet has not the resources for , nor could it remain habitable with, unlimited growth.
Since then there have been numerous attempts to hammer the point home. Tim Jackson’s “Prosperity without Growth (2009), and Kate Raworth’s ”Doughnut Economics” (2017) are two very readable more recent examples. My favourite expression of the concept is “The Politics of Arrival” by Trebeck and Williams (2019). It reminds me of a dialogue in an Oscar Wilde play where one dowager duchess says to another “We have no need for travel, we are already here.”
What is true for the duchesses is true for the economies of the UK and all of the developed world: economically we have arrived. We already have sufficient productive capacity and consequent earnings to provide everyone in our economies with a decent, comfortable, culture-rich lifestyle without making even further use of the earth’s scare resources and further polluting and poisoning environment, by sharing what we have more equitably. Economically we have arrived.
And if the weather, floods, fires and other natural catastrophes of the last few years aren’t enough to convince us that the matter is urgent, then it is hard to know what will.
Yet the message does not seem to have penetrated our political debate to any depth. Our new government believes that further “growth” and “wealth creation,” are fundamental to their programme, and it is hard to see any signs of a serious challenge to this. To be fair, several clauses after after the initial mention of growth in the Speech the the word “sustainable” is used, but without any sign that this would be the condition for all growth.
So maybe Ruritanian fantasy rather than awareness of the real world, is appropriate to our current level of thinking.