“The left should opt for an eco-fiscal policy, designed to dismantle rentier capitalism. It should accept that high progressive income tax is out of date. It should make clear that income and consumption taxes are mainly for public services and infrastructure, including transport, defence, housing, schools and other social needs. Beyond that, the aim should be to restructure fiscal policy as a means of common justice.”
Policy
Going for growth – or broke?
The new UK Chancellor has set out his radical fiscal plans – and prompted a sterling crisis. The situation is so grave, not least for Scotland, it merits a return from us in the interests of a wider public policy debate. Here we republish commentary from the FAI – and expect to run further contributions this autumn.
Strategy for going everywhere and nowhere
“The report, the launch, the minutes of the Advisory Council meetings – all point to a ‘just get it done and get it out’ approach. And as with previous, failed, economic strategies it will go through various hoops of progress reports and ‘accountability’ that are underplayed and soon forgotten. But without anyone taking real ownership, without a genuine attempt to identify and plan a way forward, little will change.”
Postscript: Infants in care – out of sight out of mind?
“The current position in Scotland is just not good enough. Infant removals continue to this day. They do not lie in our past. This trend is found in other wealthy countries..yet elsewhere infant removals appear more subject to public scrutiny. An infant entering care in 2016, when the Independent Care Review was launched by the First Minister, will be 14 years of age by 2030. Hardly a sea change. More surely a glacial pace.”
Why ejecting Russia from Swift is largely symbolic
‘It is conceivable that all this could lead to a rapid collapse of the Putin autocracy, but we should not engage in wishful thinking. Wide-ranging economic sanctions on Russia may be needed for a lengthy period of time. Ejection from Swift is a symbol of these efforts, not a powerful economic tool that can constrain Russia’s actions in Ukraine at little cost to ourselves.’
What are Scotland’s real choices?
‘Clearly the political and institutional landscape has changed dramatically since 2014. One inescapable fact about any future debate on the economic case for Scottish independence is that the terrain – by which we mean the political, economic, social and cultural context – has shifted significantly.’
Keeping the Promise (and the faith)
“The Government must change, and fund change elsewhere. Organisations and institutions that for a long time have not provided good enough care must change, and any new organisation must be set up to meet the needs of those they support, not the system they are a part of… yet just because there are areas of concern does not negate the progress already made, and progress has been made.”
An empty Promise
Failure to deliver on the Promise was inevitable – families were outside the tent, no status quo was upturned, no institutional power challenged, no radical, practical plan emerged. Just a Promise to do better.
From Big Oil to Big Wind
“Challenges lie ahead. But one major difference between Big Oil and Big Wind is that the latter has the potential to help rescue the planet from the climate emergency.”
A brief note on wind and hot air
“So while the first steps towards mass exploitation of the North Sea offshore wind power at industrial scale have been taken, the socioeconomic wrangling as to who will actually benefit from this mass infrastructure is likely only just beginning.”