Economic contradictions in the media
1. We're told the economy is doing well,
that our market system is creating great prosperity.
Then we're told that, as a society, we can no longer afford
basic social services (care for the elderly, further education,
etc), and that individuals must fend for themselves or pay
ever higher taxes.
2. We're told we have a better standard
of living than ever before. Then we're told (when independent
studies are published) that poverty levels have tripled since
the 1970s, and that people work longer hours than in the '70s.
3. We're told we have the lowest unemployment
for 25 years. Then we're told that welfare dependency
is such a big problem that we can't afford to be "soft"
on unemployed people, and must create subsidised jobs at huge
4. We're told there are great opportunities
for everyone prosperity is there for the taking.
Then we're told it's an increasingly "competitive"
world (which implies scarcity of opportunities, since in an
economic sense "competition" means fighting over
scarce resources a fundamental concept in free market
economics). Business leaders talk of an increasingly "brutal"
market (which doesn't sound like an improvement).