DOLAN is a joint venture between community groups in three deindustrialized North Wales Valleys which were formerly major centers for slate mining. The Bro Ffestiniog federation of social enterprises in one of the valleys has a community broadcast arm which has produced this short video which explains what the Foundational Economy means to them. The community mainly Welsh speaking and they have produced Welsh and English versions of their video.
WISERD Foundational Economy online events Sept 8-10th 2020
The ESRC funded WISERD centre based at Cardiff University is organising a series of events on 8, 9 and 10 September to address key questions that arise from the current Covid-19 crisis and the ways in which foundational thinking can contribute to social and economic repair. These events replace our annual colloquium, which was to be held in Cardiff and has been postponed because of the Covid-19 crisis.
Foundational Economy 2.0: building a sustainable future
8th September 2020; 2:00pm – 4:00 pm (UK time)
Speakers: Teis Hansen (Lund University), Lars Coenen (Western Norway University of Applied Sciences), Julie Froud (Manchester University)
The first event on the afternoon of 8th September will examine the relation between the foundational economy and environmental sustainability. Specifically, how can new foundational economy approaches (foundational economy 2.0) can contribute to the well-being of future generations, help confront climate change and secure biodiversity.
Foundational Solutions and Social Justice
9th September 2020; 10:00am – 12:00 Noon (UK time)
Speakers: Rachel Reeves MP (Shadow Chancellor of the Duchy of Lancaster and Shadow Minister for the Cabinet Office) and Fabrizio Barca (Coordinator of Forum Disuguaglianze e Diversità and previously Italian state minister without portfolio for territorial cohesion from 2011 to 2013).
The second event on the morning of 9th September will address how civil society organisations and policy makers can ensure that alternative thinking and policies gain traction in the aftermath of the current crisis. Are foundational thinking and policies such as a universal basic income and universal basic services about to become mainstream?
The Foundational Economy in Practice: Well-being and economic renewal
10th September 2020; 10:00 am – 12:00 Noon (UK time)
Speakers: Lee Waters MS (Deputy Minister for Economy and Transport), Elin Hywel (Cwmni Bro) and Sophie Howe (Future Generations Commissioner for Wales).
Our final event will focus on the Welsh Government’s £4.5 million Foundational Economy Challenge Fund which supports some 50 practical policy initiatives and experiments. How can such initiatives be developed though spreading and scaling good so that they can contribute to well-being and economic renewal.
You will need to register for each session separately.
Once you have chosen a session, you will need to create an Eventbrite account in order to access each session. Once you have an account you will see the video links listed on your account that will take you straight to the session once it is live.
The Collective’s 2019 Colloquium was held in Brussels on the theme of “Socio-ecological transitions: making space for the foundational”. The event was sponsored by Cosmopolis- Centre of Urban Research at the Free University, Building Brussels and Cities of Making and the organiser Sarah de Boeck put together a full programme over the two days of 9 and 10th September which featured plenaries by distinguished academics, presentations by collective members and by guest academics and practitioners engaged with making space for foundational activities in urban places.
- Ian Gough, Foundational Economy: the sustainability dimension
- John Tomaney, Politics of the foundational economy
New foundational thinking
Foundational economy and place
- Sarah de Boeck, Challenges for the preservation of small production place
- Geert de Pauwe, Community land trust in Brussels
- Oriol Estela Barnet, Towards a foundational strategy for Barcelona
- Stephen Kampelman, Circular economy: an opportunity for local economic development
- A. Novy, Viennese knowledge alliance for foundational economy
- N. Tranquilletto, Social business creating public impact
In this short film, members of the foundational economy collective explain how and why the foundational economy matters. It was filmed at the 2019 foundational economy colloquium and produced by the colloquium organiser Sarah de Boeck.
This report outlines how fragility was built into the UK’s hospital and public laboratory systems so that the Covid- 19 crisis was an accident waiting to happen, a normal accident.
The hospital system did not have the buffer capacity needed to absorb a pandemic surge and the public health laboratory system lacked the organisational capacity to respond to unexpected circumstances. All this was unintentionally caused by a combination of long-term funding shortages and the hyper-innovation of organisational churn imposed on the NHS and public health in the name of public sector reform.
Beyond this critique, the report addresses remedies and the question of how to rebuild so that we have more robust health systems and more generally can re-skill the state so that it does not default onto distress outsourcing whenever it wants quick results. Renewal requires much more funding and a new approach, the care-ful practice of policy, which recognises the limits of the control paradigm – the top-down approach to policymaking that has been dominant for three decades.
This short report comes from the small deindustrialized town of Blaenau Ffestiniog in North Wales which through the lens of official statistics would be described as “left behind” But a different kind of close-up knowledge was obtained from a community online questionnaire about the impact of Covid-19 in May and early June 2020. Wages are low and self-employment is precarious but family and community matter to most of our respondents (both native born and immigrants) and most felt that the lock down has brought the community together to help neighbours. At this point, business failure and high unemployment were apprehensions about the future; not the present realities they will be in autumn and winter 2020. But the survey underlines the importance of public policy on access to the foundational basics and the ned to maintain and renew infrastructure which allows families and communities to get on with what matters for them.
Our new working paper Cohesion through housing? argues against regional policy which aims to improve competitivity and create high wage jobs which would “level up” the UK’s “left behind places”. Per capita output measures of GVA and GDP are the standard metrics used in regional comparison. But, household income is more relevant to living standards and our paper focuses on the residual household income measure (after taxes, housing costs, transport and utilities) for owner occupiers, social renters and private renters in all the UK regions. Variation in house prices by region and by cost of housing according to tenure creates winners and losers in terms of living standards. Many ordinary places with low GVA per capita can work well enough for owner occupiers who can set low housing charges against modest wages; just as high GVA London can be purgatory for private renters paying one third or more of disposable income as rent. The implication is that regional policy needs to engage leading as well as laggard regions and to consider how the cost, quality and availability of housing and other foundational services drive living standards directly; and whether housing can be disconnected from the circuits of wealth accumulation.
Understanding how ordinary places works is important because it can open up new possibilities of making citizen lives more worth living. Our new research report How an ordinary place works: understanding Morriston takes up this challenge by focusing on a district town with 30,000 population some 3 miles north of the centre of Swansea. The report is of broad interest because it analyses Morriston in a new framework about the collective drivers of wellbeing. Within a hard frame of local settlement and activities, wellbeing depends not just on income but on the functioning of supply side infrastructures which provide foundational services through local networks and branches. On the infrastructure of grounded local services, Morriston starts with the advantage of relatively cheap housing. The mobility
infrastructure is car based so those without cars must struggle. While citizens complain about neglected social infrastructure of parks, community hubs and high street.
Our new working paper Foundational liveability: rethinking territorial inequalities is a response to political demands in Wales and requests from academic colleagues: “If the main steam has per capita GVA and GDP, where are our simple, intelligible foundational measures” Hence this paper about household residual income and foundational liveability. This incidentally undermines the idea of a successful or failed region with a unitary character because most regions are liveable for some types of household and unliveable for others. It also makes the connection to financialised capitalism because linkages to wealth accumulation are at least as important as earned income.The empirics in the paper show how this reframes the UK regional problem because we need policies for taxing unearned income and wealth in London as much as for boosting the Welsh productive economy.
The 2018 Foundational Economy Colloquium on Social Innovation in the Foundational Economy was held on September 5th at Cardiff University and on September 6th in the Steelworks General Offices at Ebbw Vale.
Here are slides and text which give some of the papers from the Cardiff sessions headed by the plenary from Oriol Estela Barnet head of strategic planning at Barcelona; and below are some presentations and notes of discussion from the Ebbw Vale sessions on care, regeneration and procurement
Plenary: Oriol Estela Barnet (PEMB) “On Barcelona’s first steps towards a foundational strategy” Cardiff Sept 2018
Regional economies: Adam Leaver (Sheffield) “The financialization of property and the diseconomies of agglomeration”Cardiff Sept 2018; Andreas Novy and Leonhard Plank (TU Vienna) “Intermediary institutions in Austria and Vienna” Novy Cardiff sept 2018
Cities: Sarah de Boeck, David Bassens and Michael Ryckewaert (VUB Brussels) “Making space for a more foundational construction sector in Brussels” Cardiff Sept 2018; Mike Hodson and Pam Stapleton (Manchester) “From developer regeneration to civic futures in Greater Manchester” Hodson Cardiff sept 2018
Citizenship: Filippo Barbera, Nicola Negri and Angelo Salento (Turin) “Foundational economy, local commons and citizenship” Cardiff Sept 2018; Mick Moran and Karel Williams (Manchester) The struggle for social citizenship in the 2020s” Williams Cardiff sept 2018
Wales: Colin Haslam, Sukhdev Johal and Nick Tsitsianis “How and why the foundational economy matters in Wales” Cardiff Sept 2018
Care: Diane Burns, Sue Evans, Adrian Roper “What can we learn about care by thinking about money” Welsh develops Care Ebbw Vale sept 2018; Diane Burns, Julie Froud and Adrian Roper “Report on workshop discussion of care” Cardiff Sept 2018
Regeneration: Jill Ebrey and Ross Williams “New place based policies (for Morriston)” Welsh develops Regen ebbw Vale sept 2018
Procurement: Steve Cranston and Calvin Jones “Blaenau Gwent Foundational Economy Pilot.” Welsh develops Procurement Ebbw Vale Sept 2018; Steve Cranston and Kevin Morgan “Report from procurement workshops Workshop report procurement Ebbw Vale sept 2018