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Global Capital

'Inclusive Growth' is Doublespeak. Here Are Three Ways to Really Achieve It

Chandran Nair | Posted 07.08.2014 | World
Chandran Nair

For anyone who cares to look, it will be obvious that the current Western model of economic growth, which has been adopted the world over, depends in no small part on excluding the majority in order to create wealth for a few. This has been the case since the colonial era. The same exclusion that was once practiced by the East India Company is now practiced on Wall Street and its excesses are accepted as part of the system by far too many governments. Developed world politicians, however, are all too happy to "include" others in the world economy by outsourcing them cheap and dirty jobs or polluting industries.