Asking the question ‘what is the economy for?’ permits a broader consideration of what economic priorities should be, beyond extractive growth.
Mark Lang, Author at NewStart
More of the same won’t work for places like Pontypool
Rejecting the ‘managed decline’ approach to post-industrial areas, Dr Mark Lang and Professor David Adamson developed the Deep Place study as a route map to sustainable communities.
Further cuts and a public sector the size of that in 1930 are, of course, also going to impact significantly on the power of UK cities to develop their own economies, with an economy run from Westminster for London and the south east. Treasury remains in control of the economic levers, but they are pulling the wrong ones.