Despite what the UK right will tell you, appeasing bond markets has actually led to instability | Andy Beckett
•Austerity has benefitted bond traders but impoverished British society and led to the rise of populism.
•Is it right that we carry on adhering to their interests?Should politics always be dominated by economics?
•Should questions about how governments and voters pay for things – whether by earnings, taxes or borrowing – be settled before we consider the wider consequences?In an anxious capitalist democracy suc...
هذا الخبر من الغارديان - اقتصاد. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
المصدر: الغارديان - اقتصاد | Source: الغارديان - اقتصادAusterity has benefitted bond traders but impoverished British society and led to the rise of populism. Is it right that we carry on adhering to their interests?
Should politics always be dominated by economics? Should questions about how governments and voters pay for things – whether by earnings, taxes or borrowing – be settled before we consider the wider consequences?
In an anxious capitalist democracy such as Britain, with a modern history of patchy economic success and intermittent but recurring crises over public debt, the answer may seem obvious: governments and voters always need to behave in ways that fit with the market forces that shape our economy.
Andy Beckett is a Guardian columnist
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ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة الغارديان - اقتصاد. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.
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