MARK BARNES: State and business had best overlap to spare us from more swamp

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Sverige Nyheter Nyheter

If those with money don’t invest enough to sustain and grow a middle class, it’s curtains for everyone

There just isn’t enough in the middle. There’s a lot of it all on the one side, and practically none of it on the other side, and never, it seems, the twain shall meet. The missing truth about the missing middle is that those on the side that has a lot of it got it from everybody else, particularly those in the middle. It therefore follows, fairly starkly, that if the middle doesn’t grow, the have-a-lots cannot grow, and will eventually wither and die.

As we wander down the economic-have curve towards the have-absolutely-nothings, it is incumbent upon the diminishing middle to invite more of the lesser-fortunate to join their ranks. The only way this will happen is if the have-it-alls have the confidence to invest in the ecosystem that enables the in-the-middles to grow and create opportunities in their wake for the have-absolutely-nothings.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Business Maverick: Business sees long and hard road for SA’s economic recoveryBusiness for SA has warned that the country’s economic recovery could take two years or longer because the economy was already weak at the start of 2020 and before the highly contagious virus was imported.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »