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Currently Playing: Why Growth Is Over - Forever: Barry's Economics

Why isn’t the economy growing anymore? Because it can’t. We’re not in the “Cowboy Economy” of endless expansion — we’re on Spaceship Earth, a closed system with finite resources. Economists were warned about this in 1966… and ignored it. In slow-growth economies, inequality explodes, billionaire wealth takes off, and everyone else feels squeezed. This isn’t a glitch — it’s the new normal. Sources & Studies Mentioned: • Kenneth Boulding — The Economics of the Coming Spaceship Earth (1966): https://www.panarchy.org/boulding/spaceship.1966.html • Robert Gordon — The Rise and Fall of American Growth (2016): https://press.princeton.edu/books/hardcover/9780691147727/the-rise-and-fall-of-american-growth • Dani Rodrik — The Globalization Paradox / research: https://drodrik.scholar.harvard.edu/publications • Thomas Piketty — Capital in the 21st Century (2014): https://piketty.pse.ens.fr/en/capital21c • Stiglitz — The Great Divide (2015): https://wwnorton.com/books/9780393248579 • OECD (2015) In It Together: https://www.oecd.org/social/in-it-together-why-less-inequality-benefits-all-9789264235120-en.htm • IMF (2014) Redistribution, Inequality and Growth: https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Redistribution-Inequality-and-Growth-41246 • Alesina & Perotti (1996): https://www.jstor.org/stable/2555730 • Wilkinson & Pickett — The Spirit Level data: https://www.equalitytrust.org.uk/resources/the-spirit-level • ONS UK Wealth Data (2023): https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth 💡 Support Barry’s Economics Help us stay independent and keep making videos like this. ☕ https://www.buymeacoffee.com/barryseconomics 💬 https://ko-fi.com/barryseconomics 🎥 https://www.patreon.com/barryseconomics 📌 Subscribe for future videos: https://www.youtube.com/@barryeconomics 🌐 More about me: https://barryferns.co.uk/ You can also follow me on 📲 Tiktok: tiktok.com/@barryferns Instagram: instagram.com/barrybarryferns 🙏 If you’re new to this, check out @garyseconomics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side. Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00 🎭 Want to see the stand-up side of all this? Find my live comedy and storytelling here: 👉 https://www.youtube.com/@mrbarryferns To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/ #BarrysEconomics #GarysEconomics #Inequality #BehaviouralEconomics #SocialJustice #BarryFerns #ComedyWithDepth


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