Is the Party Over for Economic Growth? When economic stagnation becomes the new normal

Is the Party Over for Economic Growth? When economic stagnation becomes the new normal

It was a blast. Since the Industrial Revolution, we enjoyed unprecedented economic growth, propelled by a seemingly unstoppable wave of technological innovation. For 100 years from around 1870, life in the West was transformed by inventions such as electricity, the car and domestic appliances, which led to soaring growth, better lives and booming wealth for all. The poor became less poor, and the number of middle income earners exploded. In the second half of the 20th century the rest of the world began to catch up, with China lifting hundreds of millions out of extreme poverty and the rise of the BRICs. But then it stopped. Since around 1970, middle incomes in the US have stagnated, while the top 1% have pulled away in terms of earnings and wealth. Productivity growth fell. The great recession of 2008 was expected to be a blip but we are still in the doldrums. China’s miracle growth has shuddered to a slowdown and is set to drop even further. Just last week, the European Central Bank announced fresh... Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(1535)

Sex, Gender and Christianity: A 3,000 Year History, with Diarmaid MacCulloch and Mary Beard (Part Two)

Sex, Gender and Christianity: A 3,000 Year History, with Diarmaid MacCulloch and Mary Beard (Part Two)

In the twenty-first century, Christianity or historically Christian societies have witnessed one of the most extraordinary revolutions in attitudes to sex and gender in human history, bringing liberat...

18 Mar 37min

Sex, Gender and Christianity: A 3,000 Year History, with Diarmaid MacCulloch and Mary Beard (Part One)

Sex, Gender and Christianity: A 3,000 Year History, with Diarmaid MacCulloch and Mary Beard (Part One)

In the twenty-first century, Christianity or historically Christian societies have witnessed one of the most extraordinary revolutions in attitudes to sex and gender in human history, bringing liberat...

16 Mar 34min

Is the Russia–Ukraine War a Failure of Strategy? With Lawrence Freedman

Is the Russia–Ukraine War a Failure of Strategy? With Lawrence Freedman

In an age of grinding wars, nuclear brinkmanship, and political volatility, what does strategy really mean - and how do leaders make decisions when the world feels chaotic? In this episode, Lawrence ...

15 Mar 50min

What Is Really at Stake at the North Pole? With Neil Shea

What Is Really at Stake at the North Pole? With Neil Shea

What Do Wolves, Caribou, and Global Superpowers Have in Common? In this episode, Professor Helen Czerski speaks to journalist and author Neil Shea about the Arctic’s changing face and the struggles t...

13 Mar 48min

Sotheby's Talks | How Do Objects Achieve Iconic Status, with Grayson Perry and Xa Sturgis

Sotheby's Talks | How Do Objects Achieve Iconic Status, with Grayson Perry and Xa Sturgis

On today’s episode, an episode from our friends at Sotheby's exploring the question: How do objects achieve iconic status? Taking inspiration from the book Icons: 100 Extraordinary Objects from Sotheb...

11 Mar 46min

Fiona Hill: The World in 2026 (Part Two)

Fiona Hill: The World in 2026 (Part Two)

Fiona Hill is one of the most authoritative voices on the forces reshaping global politics today. Born in County Durham, from 2017 to 2019 she was a senior adviser on European and Russian Affairs at t...

9 Mar 34min

Fiona Hill: The World in 2026 (Part One)

Fiona Hill: The World in 2026 (Part One)

Fiona Hill is one of the most authoritative voices on the forces reshaping global politics today. Born in County Durham, from 2017 to 2019 she was a senior adviser on European and Russian Affairs at t...

8 Mar 36min

How has American hubris shaped Iran? With Scott Anderson

How has American hubris shaped Iran? With Scott Anderson

Scott Anderson is a veteran foreign reporter and war correspondent, and a contributing writer for The New York Times. Over his career he has reported from Bosnia, Libya, Palestine and across the Middl...

6 Mar 33min

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