The growth model has dominated the economics of the world for as long as I can remember. But with this economic crash that is cycling the globe I truly think this model is following the example of

the dinosaurs. And like the dinosaurs they didn't know they were heading for extinction and neither do our politicians. 

Looking back at history - the western world democratic governments have followed the Roman style of government. Rome collapsed and there are many theories put forward as to why. One theory that was quite prominent a few years back and I am amazed it hasn't resurfaced since the crash we are going through now took center stage. 

The theory basically stated that they taxed their citizens so much they just couldn't afford to pay. 

And the whole system just caved in after they were attacked by the Barbarians. Believe it or not we are following the same model. With all the money the government is giving away to the few who destroyed the system. Now the people who didn't have anything to do with it have to pay for the excesses of the few. We will see how that will play out over the next few years. But this system of paying the people in society who are just takers has been going on for a long time and we call it the growth model. And all it is doing is producing a group of people who just live off the handouts of the government. 

Rome did the same sort of thing.

The politicians gave the lower classes money and jobs so they would vote for them. Democracy and the growth model are dead. Democracy survives by giving the people what they want. That system is doomed to fail and I think it will fail in our lifetime. We are at a stage now where the people wanting all the government money have been reproducing exponentially. While the people who make the money haven't so there is a very severe distortion in the population and that is where the problem will start. When the government can't pay the people it has been paying to reproduce for the last 30 years then things will happen. And not good things.