CaptainFlashheart – Member
Sack 50% of public servants. Thks Tim – that’s up there with ‘build more bridges’ as a response to economic hardship.
Short-termism seem to be a crippling problem in our current phase of capitalism. There’s no (perceived) share-holder value in fundamental research, according to an industry talk I heard last week – no company anywhere now funds this. Plenty fund R+D of course, but in-house, curiosity-driven research of the Dupont / Bell labs / Shell type is now dead n buried. Scientific enquiry does not respond or fit to a free-market model, so the emphasis on short-term thinking seems really problematic, on the level of UK plc and just at the general level of being unable to control research in a predictive way.
Short-term thinking also seems to have hamstrung government, although our political system is centuries old. It’s hard to imagine any incumbent government really trying to lay down fundamental policy for the next 20 years. Why bother, right, when you could be in opposition in 5 years time? The relative lack of quality in Parliament, and exponentially increased scrutiny that government / MPs are now under, though, has made this a much bigger problem than in yesteryear.