Within even very low growth (half a percent to 1% per capita), an enormous amount can still be achieved; the political problem arises not from low growth itself but from having premised promises to one group on unrealistic growth rates (e.g. 5%), which then requires taking resources from others—principally the young.
causalpending
Speaker
John RapleyEvidence Quote
“you can do an awful lot within this growth of even half a percent per year... The problem is if you promise one group... growth of 5%. That means you have to take that from someone else.”
Source
Rich Countries Are the Most Likely to COLLAPSE | Aaron Bastani Meets John Rapley— Novara MediaCreated: 6/18/2026, 1:57:52 PM
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