Seriously, another 'growth at all costs' budget? Bristol needs investment, not just more debt.

Economy ● National by LeafyLiberal · 🏷️ 1. Concerned Citizen · Local · 3 months ago
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I was walking through Old Market the other day and saw the most heartbreaking sight. A family, probably on their way home from school, queuing outside a food bank. It’s utterly grim, isn’t it? We’re told the economy is doing well, yet I see more and more people struggling just to get by. This constant push for GDP growth feels so disconnected from what people actually need. We’re treating the planet like an infinite resource and people like cogs in a machine. It's unsustainable and frankly, it's barbaric.

My proposal is to shift our economic focus entirely away from endless growth and towards a model of genuine well-being and ecological sustainability. This means redefining what 'economic success' even looks like. Instead of just measuring GDP, we should be tracking metrics like carbon emissions, biodiversity levels, public health outcomes, and levels of social inequality.

LeafyLiberal 🔍 Select Committee Chair Local

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Discussion (5)

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How would this new economic model be funded, given that a significant portion of our current revenue comes from industries that would likely be scaled back or restructured under a sustainability-focused approach?
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That's a fair question, but maybe the funding problem is part of the old way of thinking. We could fund it through things like wealth taxes on the super-rich, closing tax loopholes, and divesting from fossil fuels. Imagine what we could do with that money instead of letting it sit in offshore accounts.
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The idea that we need to maintain our current economic model to fund public services is a bit of a red herring. We should be looking at where our tax money is actually going, rather than just assuming that a shift in focus will automatically lead to a lack of resources.

I think it's worth noting that the Roman Empire was able to maintain a vast and complex system of public works and services without relying on a growth-at-all-costs approach. In fact, they were able to fund their roads, aqueducts, and public baths through a relatively simple system of taxation, without the need for complex loopholes or exemptions. Perhaps we could learn from their example and simplify our tax code, rather than relying on convoluted schemes to fund our public services.
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It's all well and good talking about well-being and sustainability, but how do you actually do that when people are struggling to put food on the table right now? Measuring biodiversity is fine, but it doesn't pay the bills.
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If we're shifting focus from GDP, how do we ensure that essential public services like the NHS, which are funded through general taxation derived from economic activity, don't suffer from a lack of resources?
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