Globalisation – the open trading system – is fragmenting

Posted Posted in Economics, Economy, Employment, Environment, Export-led growth, Finance, Globalisation, Green Deal, Green New Deal, Import substitution, Local economies, Localisation, Low carbon, Planning, Politics, Poverty, Procurement, Regional economies, Renewable energy, Sustainability, Trade, Transition

Philip Stephens, an associate editor, in the Financial Times: “Globalisation – the open trading system – is fragmenting; it needs an enforcer – a hegemon, a concert of powers or global governance arrangements”. Evidence: the collapse of the Doha, the demise of global free-trade agreements, and the emergence of regional coalitions and deals. The emerging economies are building south-south relationships […]

City Growth Commission hopes to enable Birmingham to succeed in the global race for urban growth

Posted Posted in City council, Devolution, Economy, Employment, Finance, High Speed 2

At the end of October, a City Growth Commission – supported by Core Cities – was launched by the Royal Society (see video), aimed at recommending policies to boost economic growth and offer ideas for political parties to consider as part of their plans for the post-2015 government.   Manchester-born economist Jim O’Neill, its chair, is the retiring chairman of […]

Should we learn from countries whose companies own our energy providers?

Posted Posted in Co-operatives, Democracy, Devolution, Economy, Employee ownership, Employment, Energy, Environment, Import substitution, Low carbon, Manufacturing, Planning, Procurement, Regional economies, Renewable energy, Social Enterprise, Transition

Celia Richardson, director of the Social Economy Alliance, is the lead signatory of a letter in the Financial Times.   The Alliance was launched by Social Enterprise UK, a coalition of leading social economy organisations, in order to influence the way political parties formulate social and economic policies before the next General Election and increase the impact of the social […]

At a time of ‘austerity’ for so many, are there more beneficial uses for taxpayers’ money than mega airports and HS2?

Posted Posted in Economy, Energy, Environment, Globalisation, Government, High Speed 2, Transport

In the FT today, James Skinner, chairman emeritus of the New Economics Foundation, asks fundamentally important questions about a stance often adopted by politicians with an interest in supporting multinational business. . He was prompted to do so by a recent FT editorial “A better plan for London airports”, which cited the fact that Schiphol offers more flights to China […]

“Humanity is conducting a huge, uncontrolled and almost certainly irreversible climate experiment with the only home it is likely to have”: Financial Times

Posted Posted in Economics, Environment, Green New Deal, Localisation, Planning, Politics, Transition

We summarise the thoughts of Martin Wolf, the FT’s chief economics commentator here, because Localise West Midlands’ aims and policies are designed with his ‘politically sellable vision of a prosperous low-carbon economy’ in mind. He wrote, yesterday: “Last week the concentration of carbon dioxide in the atmosphere was reported to have passed 400 parts per million for the first time […]

The Financial Times reports a co-operative revival

Posted Posted in Banks, Co-operatives, Democracy, Economy, Employee ownership, Energy, Food, Local economies, Localisation, Microfinance, Mutuals, Renewable energy, Retail, Social Enterprise, Transition

Andrew Bounds has reported ‘a co-operative revival’ in the Financial Times – a trend first noted in this blog in 2010. He notes that the number of share offers and co-operative members in new societies doubled between 2009 and 2012 as the economic downturn has continued, according to figures from Co-operatives UK, the umbrella group for mutual societies. Unlike most […]