The Micawber Principle

"Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery"

Friday, April 01, 2005

The human race is living beyond its means

So if you are living beyond your means, take comfort: it’s not just you, but the whole of the species. Perhaps anthropologists could form some interesting conclusions from that?

Not strictly debt advice, we know, but the arrogance of capital is that, like a really bad parent, it says ‘do as I say and not as I do’. But everyone is doing exactly as it does. As if we needed reminding, the mass-consumer society, the pursuit of personal profit at any expense is not the way to go.

The Micawber Principle needs to be applied much more widely it seems.

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