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GM VCSE Leadership Group Economic Vision

The GM VCSE Leadership Group have devised an ‘economic vision’ for Greater Manchester; they hope this vision will guide future conversations in the VCSE, private, statutory sectors and in communities.

The Vision:

They instigate a need to explore alternative approaches to economics by adopting something more progressive.

They propose an inclusive economy that prioritises the needs and interests of all of society and the environment, in contrast with only the interests of corporate power.

They argue that Covid-19 has further exacerbated and harshly exposed the deepening inequalities in Greater Manchester and that now is the opportunity to address these inqualities through empowering communities and society members, organising work and time and combating environmental issues further.

A new, inclusive econonmy

The focus on profit and gain that is currently ingrained in our economic culture prospers at the expense of our happiness & wellbeing. A new, inclusive economy however would be based on the following core values:

  • Equality & human dignity

  • Solidarity & community

  • Autonomy & liberation

  • Stewardship of environment

Pragmatics:

  • An inclusive economy would need to encourage community engagement in economics, as opposed to economic development decisions being solely down to professionals & agencies.

  • Greater social ownership of wealth; through communtity and locally owned businesses etc.

  • A need for a Green New Deal: secure a fairer society and safe climate by transforming the economy.

  • Social & mission-led businesses would receive positive noteriety.

Full vision available here