Progressive capitalism in Britain: Pillars for a new political economy
Article
The debate surrounding economic policy in the UK has recently been heavily focused on determining the appropriate response to the financial crisis and recession. There has been less discussion about the nature of the UK's political economy.
Leaving the UK's model of political economy unchanged is, however, not an option in the modern global economy. The existing model has resulted in an unbalanced economy with relatively low productivity and a structural balance of payments deficit. Without reform, these problems will not go away and could worsen. A debate about what Britain's new economic model should look like is long overdue.
- What are the key principles upon which a progressive political economy in the UK should be based?
- How can government institutions and the role of the state be reformed to ensure they keep pace with a fast-changing economy?
- What can be done to address the market distribution of incomes and assets in order to reduce inequality?
- How can the government better support innovation-led growth?
- How can businesses be encouraged to engage in and support a new model of capitalism that will require significant changes in the way they behave?
The answers to these questions form a significant contribution to the debates about progressive capitalism and inclusive prosperity and set out a way forward for a new political economy in Britain.
The book is available to purchase as a paperback or ebook via Policy Network: http://www.policy-network.net/publications/4857/Progressive-Capitalism-in-Britain
Related items
State of the North 2025 - The kids aren't alright: How to deliver for young people in the North
This year’s State of the North report highlights how regional inequality exacerbates the growing challenges facing many young northerners.The transport challenge for low-income households
Many people living on low incomes in the UK are limited in their ability to access the building blocks of a good life because of poor transport provision.Towards universal opportunity for young people
Outlining a vision for young people which could increase social mobility while also reducing inequality and disadvantage, so that every young person has the opportunity to build a decent life.