Much of England is experiencing economic crisis. Our economy appears to be, in one sense, a tale of two cities ”“ one being a growing and constantly improving London (and the south-east generally), and the other being most, but not all, other cities, alike in that they are each trapped in apparently inevitable decline.
Of course, London has many economic problems of its own. While on a national level entire cities are being cast aside and left to their own devices, one cannot walk the streets of London for long before realising that this national trend is happening at an individual level in this massive city. There is poverty around the corner from every multimillion and multibillion pound industry ”“ individuals and families similarly trapped in apparently inescapable circles of despair.
This sketch of our current plight will not come as news to many. It is the reality we experience and see on a daily basis. And I believe that many of the prescribed remedies that so often accompany this diagnosis are deeply flawed.