Ethe Economist Santiago Niño Becerra He is a regular on social networks, a place where he gives his point of view on current events and generates a series of debates that always stand out for their forcefulness. This Sunday, July 7, the expert shared on X, formerly Twitter, an article whose name is ‘1979, 2010 y 2154’.
In a piece published in the newspaper The Point Today, Niño Becerra analyzes the current economic situation through a look at the past and a warning about the future. The first stop is at the end of the 70s, a time of change throughout the planet. Since 1973, when The oil crisis “ended the belief that peace and coexistence were possible”.
The most significant changes that occurred at the political level were the arrival of Ronald Reagan y Margaret Thatcher to the power. The United States and the United Kingdom faced a time of change with a panorama in which their leaders promulgated phrases such as “The State is the problem” or “Society does not exist, only the individual”.
Currently, according to Niño Becerra, he would have returned to that starting point with “absurd levels of debt that will have to be reduced in an atmosphere of social disenchantment generated by post-pandemic uncertainty and the loss of purchasing power”. A problem that is due to the fact that “real wages have been practically stagnant everywhere” since the 1980s.
Niño Becerra: “Capital has the sole role”
The economist has pointed out that “capital has been the protagonist on a scale in which it has increasingly played a more essential role until reaching today when this role is unique”. A dangerous issue that affects the future of society, but it is not the only one.
That year 2154, distant for many, is important for the expert due to the problem of climate change. With the current system, there are two crucial issues: “Energy is inexhaustible and barter” and “the entire environment, air, land and sea, is an immense free garbage dump in which all the waste that is generated for any reason on the planet can always be placed.”. However, he also indicates that “it is possible that within a century the planet will have recovered.”
