Ep 7 - Reconciling Social and Regional Policy - Professor Watts - Dr James Juniper - a podcast by Common Alternatives
from 2019-11-28T08:06:20
Reconciling Social and Regional Policy with the Macroeconomic Constraints Professor Martin Watts and Dr. James Juniper (University of Newcastle, Australia) This Conference is focused on Alternative Futures and Regional Outcomes, as a means of creating a vision of an inclusive and sustainable future for us all. There is a tendency within Economics and other disciplines to extrapolate from successful regional solutions to economic and social problems (e.g. the Mondragon commune in the Basque region of Spain) to proclaiming that there is a limited role for the state and that replication of these successful arrangements across the world will yield sustainable futures. The paper argues for “bringing the state back in” not only as a means for promoting effective demand and thus achieving full utilization of labour and productive capacity, but also in providing “mission-oriented” finance to boost innovation, redress inequalities of wealth and income, and achieve desirable environmental outcomes. Furthermore, coordinated fiscal policy is defended over New Regionalist approaches that ignore the macroeconomic constraints which operate in all economies.
Alternative Futures and Regional Prospects Symposium Working across Differences, beyond Carbon, Capital and Commodity Thursday 22nd & Friday 23rd of November 2018 Organizers: The University of Newcastle Alternative Futures Network, Common Alternatives Network (http://thecommonalts.com/); hosted by The University of Technology Sydney
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