Nick Ferrari 7am - 10am
James O'Brien: Where's All The Money Gone?
18 November 2016, 11:43 | Updated: 18 November 2016, 11:50
We hear about economic growth and huge profits every day, says James, so why are we feeling more out of pocket than ever?
"We've had loads and loads of growth now, for decades - with a few wobbles," said James. "Where's all the money? Where is it?
"Show me the money. Where is it?
"You work hard, right? You work as hard as your dad did?
"Are you as well off as he is?
"If you were born in the 1970s and afterwards, you've lost, in the great scheme of things. If you were born just before that, you've won. You might not feel like it. You feel like you haven't got enough as well."
James then turned his focus on the constant pressure for growth necessary for capitalism to function.
"Infinite growth in a world of finite resources?
"It's the biggest con of all."