Foundational Economy: The infrastructure of everyday lifePrivatisation, market choice, outsourcing: these are the watchwords that have shaped policy in numerous democratic states in the last generation. The end result is the degradation of the foundational economy. The foundational economy encompasses the material infrastructure at the foundation of civilised life – things like water pipes and sewers – and the providential services like education, health care and care for the old which are at the base of any civilised life. This book shows how these services were built up in the century between 1880 and 1980 so that they were collectively paid for, collectively delivered and collectively consumed. This system of provision has been undermined in the age of privatisation and outsourcing. The book describes the principles that should guide renewal of the foundational economy and the initiatives which could begin to put these principles into practice. |
Contents
| 1911 | |
| 1927 | |
Wrecking the foundational | 1948 |
The constitution of the foundational | 1961 |
Renewing the foundational | 1982 |
afterword by Andy Haldane | 2014 |
Other editions - View all
Foundational Economy: The Infrastructure of Everyday Life Foundational Economy Collective No preview available - 2018 |
Foundational Economy: The Infrastructure of Everyday Life Foundational Economy Collective No preview available - 2018 |
Common terms and phrases
accessed 8 February argument assets basic income British business models central chapter cities citizens citizenship companies competition constitution consumption corporate costs countries created debt Decile deliver employment enterprise entitlements Europe European everyday example extraction financial engineering financialised firms foundational activities foundational economy foundational provision foundational renewal foundational services franchise Froud fund investors Greater Manchester growth healthcare household housing important individual Industrial Strategy Commission infrastructure innovation institutions investment Johal KIBS kind labour Land value tax levered Manchester Capitalism material and providential moral Moran municipal neoliberal OECD operating organisations ownership policymakers political priorities privatisation and outsourcing privatised utilities problem production profits Prosperity Network providers public ownership public services radical rail recognise regional retail return on capital revenue Salento shift social licence stakeholders supermarkets T.H. Green territory third sector Trente Glorieuses universal basic welfare