For those of us who have been arguing that the UK's (pretty clear) economic decline *is* reversible, here is @sjwrenlewis examining some of the key arguments that are made for recent economic decline.

[chrismayla6@zirk.us]

For those of us who have been arguing that the UK's (pretty clear) economic decline *is* reversible, here is @sjwrenlewis examining some of the key arguments that are made for recent economic decline.

He concludes that while there may be weak (but still evident) reasons to agree with Andy Burnham's four horsemen of UK decline: deindustrialisation, privatisation, austerity & Brexit, it is the latter where the evidence is most clear cut!

#Brexit #economics #UK #politics

https://mainlymacro.blogspot.com/2026/05/uk-decline-and-stylised-empirical-facts.html

[chrismayla6@zirk.us]

@7c4bd52d032a3cd7ed97d9fcb14aacbbf76a1dc4e797c6cd206838b0d543a3dd @sjwrenlewis

as a driver of the uk's economic decline? I guess you are thinking of that (broadly drawn) generation's wealth in property? If so while I would agree its a factor, in the ned its more likely a symptom of decline than a cause, even if one might want to argue that 'hoarding' has a (minor) impact on the propensity to invest in economic activity rather than stored wealth/assets in the form of dwellings

[herefordrob@mindly.social]

@ChrisMayLA6 @sjwrenlewis
The growth economy cannot continue, the majority including so called leaders need to accept that. It has led to predatory capitalism and all it's documented negative aspects, I can't find positive evidence for it's continuing. So why do we continue to rationalise it.
Again I return to state #sovereignty being a barrier to the real change we need. It is delusional to believe it can even be part of a global economy within this present system of adversariality and domination.