We're facing a future of business failure, unemployment, social hardship and physical dereliction.
We must reform our economy to one which tackles the climate emergency and builds socially justice.
Today we propose nine ideas for a brighter future.
#Thread
We must reform our economy to one which tackles the climate emergency and builds socially justice.
Today we propose nine ideas for a brighter future.
#Thread
1⃣
Public sector anchors have a key role as commissioners, procurers, employers and owners of land and property. In local anchor networks they can advance and co-ordinate approaches to support the local economy.
Learn more⬇️
bit.ly/3g8Xjsk
Public sector anchors have a key role as commissioners, procurers, employers and owners of land and property. In local anchor networks they can advance and co-ordinate approaches to support the local economy.
Learn more⬇️
bit.ly/3g8Xjsk
2⃣
A social license is a stipulation that public sector providers can only enter the market if they have met criteria ensuring they meet high social, economic, financial and environmental standards.
CLES paper coming soon...
A social license is a stipulation that public sector providers can only enter the market if they have met criteria ensuring they meet high social, economic, financial and environmental standards.
CLES paper coming soon...
3⃣
Many businesses will fold because they lack the cash flow they need. Mutual credit is a simple, legal mechanism whereby businesses can trade with each other without needing cash. Community banks can also aid recovery and reform.
Learn more ⬇️
bit.ly/2yhTXlx
Many businesses will fold because they lack the cash flow they need. Mutual credit is a simple, legal mechanism whereby businesses can trade with each other without needing cash. Community banks can also aid recovery and reform.
Learn more ⬇️
bit.ly/2yhTXlx
4⃣
Community wealth hubs facilitate a fundamental refocusing of business support, with the objective of supporting the growth of vibrant, commercially viable, locally based, socially generative businesses (SMEs, co-ops, mutuals, publicly owned and social enterprises).
Community wealth hubs facilitate a fundamental refocusing of business support, with the objective of supporting the growth of vibrant, commercially viable, locally based, socially generative businesses (SMEs, co-ops, mutuals, publicly owned and social enterprises).
5⃣
Where development is sluggish or failing to meet basic local needs, consider repurposing to allow communities to take direct control of some common assets and stimulating alternative approaches to delivering those needs (i.e. community land trusts).
Where development is sluggish or failing to meet basic local needs, consider repurposing to allow communities to take direct control of some common assets and stimulating alternative approaches to delivering those needs (i.e. community land trusts).
6⃣
Create bespoke local programmes to achieve progression into work and wider community benefit. Focused on “additional” economic activities and public works, with the aim of achieving wider community, social and environmental goals.
Create bespoke local programmes to achieve progression into work and wider community benefit. Focused on “additional” economic activities and public works, with the aim of achieving wider community, social and environmental goals.
7⃣
Hard infrastructure spending can be reframed with rigorous social value targets, in order to accrue maximum return for local employment, carbon targets and addressing social difference.
Hard infrastructure spending can be reframed with rigorous social value targets, in order to accrue maximum return for local employment, carbon targets and addressing social difference.
8⃣
Form municipally led/owned delivery models in key employment sectors where there will continue to be high levels of need and demand post-Covid-19.
Example⬇️
Housing construction is dominated by large companies that subcontract the work but extract eye-watering profit.
Form municipally led/owned delivery models in key employment sectors where there will continue to be high levels of need and demand post-Covid-19.
Example⬇️
Housing construction is dominated by large companies that subcontract the work but extract eye-watering profit.
9⃣
We face a wave of business closures for SMEs. To counter this local economy recovery organisations (LEROs) would acquire CBILS and hold distressed business assets until such time as they can be relaunched under democratic forms of ownership as part of the economic recovery.
We face a wave of business closures for SMEs. To counter this local economy recovery organisations (LEROs) would acquire CBILS and hold distressed business assets until such time as they can be relaunched under democratic forms of ownership as part of the economic recovery.
Download a copy of 📄from recovery...to reform: 9 approaches for local government📄here⬇️
bit.ly/3cPjjpV
Details of the support CLES can offer here ⬇️
cles.org.uk/support
bit.ly/3cPjjpV
Details of the support CLES can offer here ⬇️
cles.org.uk/support
