Boidus would like to introduce our new contributor -
Malgorzata (Gosha) Jacewicz. CEO at HOLD Foundation C.I.C.
The Global and United Kingdom economy is driven by means of production where goods are privately owned and the system driving force is expansion, growth and profit; this model has guaranteed over the decades progressive growth of capital and expansion of markets but also provided major employment areas for particular skill sets. This economic model has described the relationship between production and form of property ownership to become a major economical regulator through the construction industry. Currently the market has dried up and reached the level where disproportion of artificially generated demand and available finance through cash or aid of mortgage has become financially, environmentally, and socially impracticable due to an overestimated system of expansion and overproduction that could not be fulfilled. This economic model generated overspecialised markets without an ability to adapt to current requirements or to absorb the impacts of new demands aligned with the need for thoughtful use of resources in the global context of availability, and carbon emissions. The political and productive forces by enforcement of mass production and drive for seamless expansion generated enforced destruction of the market itself. That is so by reinforcing the failing system on a global scale and diminishing the means whereby crises could be prevented. The political and productive forces generated a combination of circumstances where the product become unavailable to those who could afford it and on the contrary become too powerful and brought disorder into the whole society jeopardising its own existence.