Showing posts with label growth. Show all posts
Showing posts with label growth. Show all posts

Monday, March 31, 2014

Change (and choice) is necessary.



Why is it that many people are so resistant to change or find it so difficult to choose between alternatives? Possibly change, and the consequences that will inevitably arise, may give rise to anxiety or worry and denial with some people. This is strange but understandable and may be a possible reason why we form habits – a predictable pattern of behaviour in a particular circumstance. Habits have the “benefit” of saving one from choosing or having to make decisions and, in addition, from past experience, the results are known to be generally “safe” and non-threatening.

For whatever reason, however, some worriers or anxious people have need to keep at least some semblance of control over events in their life. Change or choosing some alternative is something that cannot be contemplated. Such people like things to be “just so”. Any change takes them out of their comfort zone and introduces new and possibly uncontrollable factors which they cannot abide. Hence the anxiety.

Some cannot abide the thought of changing where they live; want to stay employed for all their working life in the same job – or at least with the same employer; always buy the same make of motor vehicle; always holiday in the same hotel, in the same town or beach resort; always insist on the same “Sunday roast” that they have always had every Sunday and so on and so on - the list is endless.

But reason suggests that this is a fruitless exercise. Nothing remains static – everything changes over time. Sometimes very quickly and sometimes over many years but change is inevitable. Change is not an option – it happens regardless.

Life, at least as we experience it on this Earth, needs change. Without change there would be no learning, no increase in knowledge. Without change there is no growth. Certainly there would be no personal growth without change and the choices we make, good, bad or indifferent.

We change in our lives – from children to adults to old age. Thereafter the greatest change of all and this is not a choice but an inevitability, and is accordingly feared by many – that death comes to us all at some time.

Saturday, April 20, 2013

Economists – a gloomy bunch



With the events of 2008 (the GFC) still reasonably fresh in our minds and the continuing demands by the International Monetary Fund (IMF) for indebted countries to  reduce debt levels it is interesting to learn that IMF demands might have been based on faulty research. The latest information to hand seems to indicate that the “tipping point” of a country’s debt at 90% of GDP leading to negative growth is wrong. There may actually be a low level of economic growth at this figure – about 2% positive growth.

Also isn’t it counterintuitive to demand that Greece, Portugal and other “loser” countries introduce stringent cuts to Government budgets, increase taxation and reduce peoples wages and then to “expect” economic growth and early debt repayment? I mean, really, with lower wages Government income is reduced (even with increased taxation) and with lower income how can debt be repaid and with lower wages how can people afford to buy anything other than necessities?

So how can “growth” occur?

Henry Ford was about right when he said that people should be paid enough to buy what they make.