It is almost impossible to watch or listen to a news programme daily without mention of increased levels of debt, or another bail-out package, stock market crisis or wildly fluctuating commodity prices. This turmoil is now the norm, and the real question is where will it all end? Can we really spend our way out of this crisis? How many more austerity measures are needed…more importantly, who will suffer from these and for how long? The prevailing economic system has produced a disparity in wealth which is so stark that even the wealthiest individuals in society are calling for tax hikes to save the situation. This shows that the economic building blocks need to be dismantled, as they have failed to produce a commercial model which not only promotes free enterprise and rewards effort, but is at the same time equitable and sustainable for a global society.
