I have argued that such a political economy - based around the central idea that truly sustainable prosperity is co-produced by an empowering, enterprising state and a private sector more in tune with the needs of its host society - must form part of an economic Plan C. I cannot claim to have a single magic answer to our economic woes (none exists), but I do know that in clear contrast with Davis' orthodox right-wing proposals, the country stands a better chance with a fiscal strategy that's sensitive to growth and living standards, coupled with State-backed investment whilst the private sector repairs its balance sheet, greater equality of power and pay in the workplace, and greater flexicurity in the labour market. Huffington Post article in full
