Moral Maze

Rising oil prices triggered by war have renewed fears of an economic shock. Governments are already under pressure to step in: to cap prices, cushion bills and shield households from the consequences. Yet crises were once understood differently. During earlier shocks, citizens were often told to tighten their belts, to accept rationing, higher prices and shared sacrifice. But memories of past hardship can also be misleading. There is sometimes a tendency to romanticise earlier generations’ stoicism. Today the assumption seems different: if living standards fall, the government must intervene.The idea of sacrifice raises difficult questions. Who exactly is the “we” being asked to shoulder the burden? A rise in energy costs may be uncomfortable for some but devastating for those already living precariously. Hardship is rarely shared equally. If sacrifice is demanded, how should it be distributed? There is also a deeper question about what we mean by sacrifice at all. The word is often used simply to mean going