Planning the Future
Covid-19 has shown once again that the market can’t rise to the challenges we face – if the world is to fare better with the coming climate crisis, we need to replace the market with a system of democratic planning.
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Michal Rozworski is a trade union researcher based in Canada. He holds graduate degrees in economics and philosophy and is the co-author of the book People's Republic of Walmart (Verso, 2018).
Covid-19 has shown once again that the market can’t rise to the challenges we face – if the world is to fare better with the coming climate crisis, we need to replace the market with a system of democratic planning.
The coronavirus pandemic has demonstrated that the market is no longer fit for purpose. It’s time for an economic model based on the public good, not private profit. We need economic planning.
The Tories despise the NHS not only because it delivers free public healthcare, but because it points a way towards a different kind of society where the market does not dominate our lives.
For decades, Britain’s economic growth has been trapped in London at the expense of the rest of the country – Labour’s regional manifestos demonstrate how that cycle could be broken.