Policy makers might then come to view Co-ops as less of a side-show. Even the Labour and Cooperative Party (yes, that's the full name on the ballot papers!) might sit up a bit.
I liked the emphasis on the role that co-ops can and do play in national and regional economic resilience and stability. More theoretical work should be done on the potential impact of wider co-operative ownership in damping economic cycles and in reducing long-term inequality.
@relearningecon.bsky.socialwww.patreon.com/posts/113825... Seems that many are new to coops.... But coops are not a new thing.....
Get more from Prof Steve Keen on Patreon
If I was going to write a letter to the FT about this it might be called something like "Labouring under an Austerity Complex". :-)
Just noting the tiresome news reporting, not your own argument, which I think was more hopeful, and welcome. I guess I could have written a letter to the FT instead, but that would have cost me a subscription.
Deficit spending for investment is good. Stop asking 'how will we pay for this' and instead focus on the vision, creativity and the communities and community we need to rebuild. Simon Wren-Lewis mainlymacro.blogspot.com/2024/09/octo...en.m.wikipedia.org/wiki/Debunki...
In his day, dear old Michael Foot was subject to Tory and Murdoch abuse for wearing a 'donkey jacket' at the Cenotaph. At least he cared, and showed up. Unlike Sunak. www.bbc.co.uk/news/uk-poli...
Thanks! Very interested! And for the bio links. A legendary influence for the greater good, on so many.
octopus.energy/saving-sessi.... that is at least a modest start.. but national scale is needed, and not energy market chaos.
Last line of that article is ...."unless we lower demand," she said.". We can do this. Just ask folks to cut power use at peak or switch in their micro gen. Reward them for doing it. No need to switch in big generation. Focus on systemic, social controls on energy use, not more generation.