Building foundational Britain: from paradigm shift to new political practice?

Journal: 
Issue: 
Summer 2019

We need a paradigm shift in economic thinking, rejecting the idea of a unified national economy and thinking in terms of different economic zones. Government should be less concerned with the tradeable, competitive economy, on which most government policy currently focuses, and should be centrally concerned with improving – and decarbonising – the foundational economy, which employs 45 per cent of the UK workforce providing goods and services essential to daily wellbeing.

Renewal 27.2 cover