{"id":8453,"date":"2011-01-14T15:47:53","date_gmt":"2011-01-14T13:47:53","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=8453"},"modified":"2011-01-14T15:47:54","modified_gmt":"2011-01-14T13:47:54","slug":"what-is-the-alternative-to-an-economy-built-on-finance","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/01\/14\/what-is-the-alternative-to-an-economy-built-on-finance\/","title":{"rendered":"What is the alternative to an economy built on finance?"},"content":{"rendered":"<p>Another good letter <a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/jan\/14\/city-diamond-in-the-rough\">from the Guardian today<\/a>:<\/p>\n<blockquote>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\">I fully sympathise with those who rail against bankers' bonuses, but there is a danger of falling into short-termism along with those who speculate on the money markets. The result may be a measure of constraint but the same unjust economic order. Interim measures may be better than nothing; but who will build a coalition of individuals and organisations from all sectors of society to mount a well-informed and vigorous campaign for measures leading to an economy which is almost wholly devoted to producing goods and services that meet our shared human needs rather than securing excessive financial gains for all too few?<\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\"><strong style=\"border-collapse: collapse; background-repeat: no-repeat no-repeat; padding: 0px; margin: 0px;\">Professor Michael Taylor<\/strong><\/p>\n<p style=\"margin-top: 0px; margin-right: 0px; margin-bottom: 13px; margin-left: 0px; border-collapse: collapse; font-family: arial, sans-serif; background-repeat: no-repeat no-repeat; padding: 0px;\"><em style=\"border-collapse: collapse; background-repeat: no-repeat no-repeat; padding: 0px; margin: 0px;\">Former director, Christian Aid<\/em><\/p>\n<\/blockquote>\n<p>Protest is an appropriate first stage of reform, but Michael Taylor is right, it cannot deliver change by itself.<\/p>\n<p>The creation of a new, viable, narrative is what we need.<\/p>\n<p>This blog is a small contribution.<\/p>\n<p>RThere is an alternative economic policy available: <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2010\/12\/17\/the-alternative-economic-policy-we-need\/\">it starts here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another good letter from the Guardian today: I fully sympathise with those who rail against bankers&#8217; bonuses, but there is a danger of falling into<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/01\/14\/what-is-the-alternative-to-an-economy-built-on-finance\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,35],"tags":[],"class_list":["post-8453","post","type-post","status-publish","format-standard","hentry","category-banking","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=8453"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8453\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=8453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=8453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=8453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}