We do seem to be developing, perhaps evolving, as Orwell foreshadowed in 1984. I do not think that it is possible to stop this trend really as, for the way we live now, continual growth is seen as good. The only way to stop this has to be through legislation by the elected governments which actually reflect the wishes of their citizens. This would then mean cutting that country off from the perceived advantages of free trade as goverment tariffs and bans impede trade. I think that the majority of the population see the extension of debt (both personal and national) as really desirable as it enables them to buy goods and services at cheaper prices and in greater quantity. Consumption becomes important and for the individual person we hear shopping described as a hobby or activity.
Most of the population in developed countries do not save their money. After spending directly they invest any residue. They become shareholders, property owners, contribute to superannuation and literally have, even at the grass roots level, a vested interest in the present situation continuing. There is no incentive for our elected representatives to change the status quo as we all enjoy the consuming and spending on credit far too much. Greed is indeed good, and who knows perhaps it can go on forever!
