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> My claim is that the UK is now a lot more like Poland than it is like the United States in terms of the kinds of growth it needs to do – driven by improved us
by dahfizz 3y ago
> My claim is that the UK is now a lot more like Poland than it is like the United States in terms of the kinds of growth it needs to do – driven by improved use of existing technology and inputs, and accumulation of capital, rather than driven primarily by technological advancement.
The author goes on to never support this thesis, and instead complains about British politics and that UK growth isn't quite as fast as the US.
The UK has a higher GDP per capita than France. They are in no way a "developing" country.
Does the UK need more tractors? Is there high unemployment (labor underutilized)? It does not seem so. What are the inputs and technology that the UK needs to improve?
- throwaway72762 3y agoGDP per capita is a poor measure. I have seen things this year that I would never have thought I'd see outside of wartime. Ambulances never showing up or taking half a day if they do. Rationing of basic vegetables at the store. The return of diseases of vitamin deficiency.
- hotpotamus 3y agoSounds like they really committed to that austerity plan.
- dahfizz 3y agoThat's valid, but orthogonal. If you want to claim that British society is collapsing, I think you could write a convincing blog post. But don't try to claim that the UK's economy is structured more like Bangladesh than the US. Or, if you do, at least directly support that claim with some facts.
- jbjbjbjb 3y agoI feel like I agree with some conclusions but the lack of evidence and abundance of hyperbole make for a poor blog post. Going by his logic we’d be left with the USA as the only developed country.