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Overview —

This report proposes a mutual, sectoral model of industrial development and rejects both ‘top down planning’ and ‘free market’ approaches.

Our approach is based on the recognition that the economy is not a force ‘external’ to society, governed by its own set of abstract rules or laws. The form an economy takes is inevitably the result of political decision-making. 

Democracy must therefore extend to the economic sphere to ensure that the outcomes of these political decisions are aligned with the aspirations of the people. 

Credits —

Iain Cairns, Prof Andrew Cumbers

Prof Mike Danson, Prof Iain Docherty

Pat Kane, Gordon Morgan

Robin McAlpine, Prof Robert McMaster

Willie Sullivan, Prof Geoffrey Whittam

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This report proposes a mutual, sectoral model of industrial development and rejects both ‘top down planning’ and ‘free market’ approaches.

Our approach is based on the recognition that the economy is not a force ‘external’ to society, governed by its own set of abstract rules or laws. The form an economy takes is inevitably the result of political decision-making. 

Democracy must therefore extend to the economic sphere to ensure that the outcomes of these political decisions are aligned with the aspirations of the people. 

Towards an Industrial Policy