Roll up, roll up – take your seats. Monday afternoon of conference week in Brighton brings a debate on proposals for creating a new economy, one that really works for everyone in Britain. As the party “demands better”, this forward-looking plan shows how we can tackle the root causes of our current dysfunctional economy and to provide real content to our campaigning on that central political issue of “the economy, stupid” (as Bill Clinton’s campaign strategist inelegantly put it).
The debate on Motion F28 – Good Jobs, Better Businesses, Stronger Communities – is your chance to accept, reject, amend or better still improve upon the ideas contained in the FPC’s paper of the same name, available to download here. Do have a good read in advance, there’s a lot of great content to digest.
On this site, Katharine Pindar has already helpfully examined it through the lens of how Labour voters might see us, as an alternative to Corbynomics.
Developed over two years through our deliberative policy-making process, the package of proposals had a longer gestation period even than an African bush elephant: the working group (which I co-chaired with Julia Goldsworthy until she was appointed to a politically restricted job) took evidence and consulted widely, and then had to pause for Theresa May’s ill-fated snap general election.
Our original consultation paper back in 2017 set out the challenges we had identified in creating a more prosperous and sustainable economic future for Britain in the 21st century – low productivity, new technologies, changing demographics, the folly of Brexit, resource depletion, rising inequalities, a trends towards ever bigger companies and reduced competition, and much more. Despite this depressing back-drop, we said Liberal Democrats are inherently optimistic and should embrace the potential of change and of the big economic shifts that we saw coming. We should not retreat, we argued, either to the little Britain ‘drawbridge economy’ envisaged by post-Brexit Conservatives or to Labour’s ‘big government knows best’ 1970s style siege economy.