“We should not forget that it will be just as important to our descendants to be prosperous in their time as it is to us to be prosperous in our time."
In his Spending Review last week, Rishi Sunak made a determined effort to start the process of ‘levelling up’ with public spending. We all know, however, that levelling-up is about much more than providing a boost for economic activity in certain regions of the country: it’s about people feeling in control of their lives, and having the same opportunity to participate as those who are already in that ‘levelled-up’ state.
This is not just a short-term endeavour: it’s calling for a permanent re-structuring which results in genuine ownership and responsibility. It’s inter-generational, and it means tackling both wealth polarisation and the huge shortfall in financial awareness.
So please READ ON .. as we focus on what levelling-up should mean to achieve a permanent change from which all can benefit. And we’ll consider some potential elephant traps on the way, such as the property industry taking advantage of people through ‘shared ownership’, as exposed on BBC’s Panorama last week.
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Welcome to Gavin Oldham's full presentation describing his vision for egalitarian capitalism.
The main set of proposals are as follows:
Egalitarian Capitalism is an alternative to socialism which, while fostering and encouraging enterprise for all, acts to involve and empower people right across society and especially the young.