The Foundational Economy Collective
Foundational Economy: The Infrastructure of Everyday Life, New Edition
Foundational Economy: The Infrastructure of Everyday Life, New Edition
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The foundational economy provides essential services that have transformed lives, but it has been under attack due to privatization, market choice, and outsourcing. This book proposes principles and initiatives to end its degradation and restore its place in society, focusing on foundational consumption and universal minimum access and quality. It is relevant to Sustainable Development Goal 8.
Format: Paperback / softback
Length: 216 pages
Publication date: 08 March 2022
Publisher: Manchester University Press
The foundational economy is a ubiquitous presence, spanning from the provision of clean water to the care of elderly individuals, educational institutions, and healthcare facilities. These vital services were established between 1880 and 1980 with the aim of being collectively funded, delivered, and consumed. This fundamental framework has had a profound impact on the lives of billions, transforming societies and improving the standard of living. However, in recent times, the foundational economy has faced significant challenges. Privatization, market choice, and outsourcing have led to the depletion of the material infrastructure that underpins our daily lives. The foundational economy is now in urgent need of renewal and revitalization.
This book aims to address these challenges and propose principles and initiatives to restore the integrity and vitality of the foundational economy. The authors argue that politics must shift its focus towards foundational consumption and universal minimum access and quality. They emphasize the importance of ensuring that essential services are accessible to all, regardless of income or social status.
The book is particularly relevant to United Nations Sustainable Development Goal 8, which aims to promote decent work and economic growth. By addressing the degradation of the foundational economy, we can create a more equitable and sustainable society where everyone has the opportunity to thrive.
The authors offer a comprehensive analysis of the issues facing the foundational economy, including the impact of privatization, market choice, and outsourcing. They propose solutions to address these problems, such as the promotion of public ownership, the implementation of universal healthcare, and the investment in education and infrastructure.
The book also highlights the importance of community engagement and participation in the restoration of the foundational economy. It emphasizes the need for collaboration between government, civil society, and the private sector to ensure that essential services are delivered effectively and efficiently.
In conclusion, this book is a valuable contribution to the debate on sustainable development and the role of the foundational economy in shaping our society. It offers a roadmap for restoring the integrity and vitality of the foundational economy and promoting universal minimum access and quality. By addressing the challenges facing the foundational economy, we can create a more equitable and sustainable world for all.
Weight: 240g
Dimension: 130 x 197 x 20 (mm)
ISBN-13: 9781526164681
Edition number: 2 ed
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