As I write this, the world outside my office window has grown dark, the sky has clouded over and it has started to absolutely thunder down with rain. While in the distance – and I’m not kidding here – a series of police cars and ambulances has roared past along the main road, lights flashing and sirens blaring. Anyone looking for a metaphor to summarise the current financial state of the UK public sector need look no further.Continue reading “The stormy present”
It’s becoming increasingly clear that our existing economic order is no longer working. It promotes the needs of capital above those of people. It relies on an outdated notion of unlimited and unfettered growth. And it fails singularly to address the deep-seated social and environmental challenges that we face as a society. Thankfully, there are creative and enthusiastic people working tirelessly to create a more democratic and sustainable economy. And a new project from the New Economics Foundation helps us to find them. Continue reading “Changing the rules”
Earlier this month, the leaders of some of the United States’s biggest corporations changed their definition of what a company is all about. This revelation may not seem of interest to anyone other than accountants. But if these individuals deliver actions to match their words, it could potentially be huge. And we’ll all feel the impact.
I was delighted the other day to be approached by the person responsible for a local government procurement exercise in which I had expressed an interest, to enquire why I hadn’t submitted a proposal. She was somewhat horrified when I explained that the tender requirements were biased rather heavily against small businesses such as mine. And she asked how the procurement process could have been improved. So here are my top five tips for small-business-friendly procurement. Continue reading “Small is beautiful”
I’m not an economist. But I do know that economics doesn’t seem to be working as it should. We seem to spend far too much time talking about profits and growth, and not nearly enough talking about people and our planet.
The economic models of the past have failed to predict, to prevent or to respond to the financial crises that have shaken our society. And yet they are still taught in classrooms and lecture theatres across the world.
We need a new way of thinking about economics. And we need it now. Continue reading “Enter the Doughnut”