All economic output (other than the supply of energy itself) is the product of surplus energy – whenever energy is accessed, some energy is always consumed in the access process, and surplus energy is what remains after the energy cost of energy (ECoE) has been deducted from the total (or ‘gross’) amount that is accessed.
Tim Morgan
The energy cost of making usable energy is increasing, and less energy remains to power the financial economy, which is shrinking.
Prosperity depends on discretionary (non-essential) spending, which is shrinking now and will continue to do so.
We are reluctant to admit that the economy is shrinking because we are concerned about its effects on our family’s future. And that of future generations.
The future may seem bleak without growth because modern generations have relied on growth to maintain a good standard of living. It was not always so.
When the economy was growing, families had no reason to stay together. Individuals seeking personal growth moved away from their families, which dispersed throughout the UK and further afield.
But now, the economy and prosperity are shrinking; families must stay together to deal with the increasing cost of living and social problems. Especially caring for those who are unable to care for themselves.
The government can no longer afford to look after us.
The economy is shrinking, and the national health and social care systems and other public services are no longer affordable.
Government borrowing – the difference between public sector spending and income – was £15.0 billion in May 2024. A situation which will deteriorate as the economy shrinks and debts are repaid,
We must now learn to look after ourselves as individuals and extended families. It is not a political choice; it is happening and is the natural way ahead.
The future will be localism, which is developing naturally without central planning. A culture that involves the development of local economies which foster community resilience and self-sufficiency.
Initially occurring in less prosperous areas, localism will spread throughout the UK as people get used to the new ways and learn to help each other in families and extended families. A process of unplanned natural evolution.
We must not expect any government, left, right or centrist, to lead us into the localist future. It is not in their best interest because they would lose power.
Individuals and families will shape the future. It is now up to us, not politicians, to find our way into the future