Family and factory economics

Transitioning away from industrial norms, the 21st-century economy must prioritise work within families

“It is the economy, stupid,” that matters most to citizens, Bill Clinton’s strategist James Carville advised political leaders. Nearly 70 per cent of US voters say their country’s economic and political systems need major changes — or even to be torn down entirely (according to a NYT/Sienna poll of US voters reported in The New York Times on May 13). The survey asked respondents to pick their top concern from a list provided. They chose “The economy (including jobs and the stock market)”. The US stock market is breaking records, and many jobs are being created, according to employment reports.