“The downturn has all the hallmarks of affecting the youngest and most disadvantaged the most. Not simply financially, but in their experiences, training and opportunities.
A nakedly political Budget recognises that this group votes with far less frequency. A compassionate Budget ignores this fact. A smart Budget remembers these are tomorrow's voters.”
Simon French, Chief Economist at Panmure Gordon, writing in The Times
On Wednesday 3 March UK Chancellor Rishi Sunak delivers his first forward-looking Budget, charting a way forward out of the pandemic. Will it be political, compassionate or smart? It needs to be the latter.
Freed from the shackles of the pandemic by the vaccine, and from EU regulation by Brexit, this country needs new dynamism – and, while many all of us older folk will want to put our shoulder behind the wheel to help, that new energy must come from the young.
Meanwhile Lord Bird (pictured left), founder of ‘The Big Issue’, has introduced a Bill in the second chamber entitled ‘Wellbeing of Future Generations’. Hats off to him for focusing on the long term, something which doesn't come easily to parliamentarians.
So please READ ON .. as this week we focus on a fiscal framework which would encourage young people to thrive from the adventures and opportunities of adult life.
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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.