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

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CNN's Christiane Amanpour on Trump, Iran and the World in 2026 (Part Two)

CNN's Christiane Amanpour on Trump, Iran and the World in 2026 (Part Two)

As one of the world’s most respected journalists, CNN’s chief international anchor Christiane Amanpour has witnessed some of the most consequential events of our time. In the Middle East, she has repo...

2 Mars 38min

CNN's Christiane Amanpour on Trump, Iran and the World in 2026 (Part One)

CNN's Christiane Amanpour on Trump, Iran and the World in 2026 (Part One)

As one of the world’s most respected journalists, CNN’s chief international anchor Christiane Amanpour has witnessed some of the most consequential events of our time. In the Middle East, she has repo...

1 Mars 37min

Fatima Bhutto on Grief, Survival, and the Life-Affirming Love of Canine Companions

Fatima Bhutto on Grief, Survival, and the Life-Affirming Love of Canine Companions

Fatima Bhutto was born into the world of high politics in Pakistan. She was just 14 when she witnessed the assasination of her politician father outside of their home, and was forced to flee the count...

27 Feb 39min

Are Lithium and Cobalt the New Oil? The Elements of Power, with Nicolas Niarchos

Are Lithium and Cobalt the New Oil? The Elements of Power, with Nicolas Niarchos

Decarbonisation is triggering a new great-power race. As demand for green technologies and sustainable power sources grows, Washington and Beijing are battling for control of cobalt, lithium, copper, ...

25 Feb 36min

The New Yorker’s Jon Lee Anderson on Afghanistan: An American Catastrophe (Part Two)

The New Yorker’s Jon Lee Anderson on Afghanistan: An American Catastrophe (Part Two)

Jon Lee Anderson is considered one of the great foreign correspondents of our time. Since the late 1980s, his on-the-ground reporting in Afghanistan has provided invaluable insight into decades of con...

23 Feb 39min

The New Yorker’s Jon Lee Anderson on Afghanistan: An American Catastrophe (Part One)

The New Yorker’s Jon Lee Anderson on Afghanistan: An American Catastrophe (Part One)

Jon Lee Anderson is considered one of the great foreign correspondents of our time. Since the late 1980s, his on-the-ground reporting in Afghanistan has provided invaluable insight into decades of con...

22 Feb 34min

The Specialist | Jackie O's Faux Pearls, with Frank Everett

The Specialist | Jackie O's Faux Pearls, with Frank Everett

This is an episode of The Specialist, your weekly dose of wonder. In The Specialist, explore the significance and journey of an extraordinary work through the eyes of those that know it best. On to...

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Could Silicon Valley Billionaires Cure Aging? With Aleks Krotoski

Could Silicon Valley Billionaires Cure Aging? With Aleks Krotoski

What it might mean – biologically, socially, and philosophically – if death becomes optional? Humanity has long dreamed about the idea of immortality. And in 2026, many believe that dream could soon ...

20 Feb 55min

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