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The Economic Question by Andrew Leake (auth.)

By Andrew Leake (auth.)

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Extra info for The Economic Question

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The most certain way of doing this, of course, is to take them over so that you control all their operations and earn all their profits as well as your own. The only safe competition is no competition at all. Companies that are successful, therefore, watch their competitors very closely. They want their rivals' customers and market share for themselves, and they want their products, their resources and their profits as well. As Dickens expressed it through the words of Jonas Chuzzlewit, brim-full of Victorian values, 'Do other men, for they would do you.

The decade of the 1980s brought changing fortunes for the unemployed. In 1981 and 1982, the total number of registered unemployed rose to record levels, but by 1989 job creation had recovered and unemployment fell quickly once more. Macroeconomics leads us to relate this to other forces in the national economy and, for its dominant role in government policy-making if nothing else, we must among these include the battle against inflation. In the early 1980s, inflation was public enemy number one, and the hard won success to reduce inflation coincided with rising unemployment.

But 97 per cent of Bhutan's people A Message to the Haves and Have-nots 19 are subsistence farmers and Buddhists who see work as a fulfilment and life as a simple, religious experience. Their head of state is an absolute monarch who sees the interests of his people served best by protection from the sophisticated, material world. There is no hunger, unemployment, begging, crime or overpopulation. The people live much as they have always done. Their country would be called undeveloped, but are they less content than we?

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