{"id":8316,"date":"2020-12-16T20:16:20","date_gmt":"2020-12-16T20:16:20","guid":{"rendered":"https:\/\/progressiveeconomyforum.com\/development\/?p=8316"},"modified":"2020-12-16T20:16:23","modified_gmt":"2020-12-16T20:16:23","slug":"pef-council-letter-to-ft-on-social-infrastructure","status":"publish","type":"post","link":"https:\/\/progressiveeconomyforum.com\/development\/blog\/pef-council-letter-to-ft-on-social-infrastructure\/","title":{"rendered":"PEF Council letter to FT on social infrastructure"},"content":{"rendered":"\n

(this letter was published in the FT<\/a> on 11th December 2020)<\/p>\n\n\n\n

Dear Sir\/Madam,<\/p>\n\n\n\n

Chancellor Rishi Sunak plans to set up a National Infrastructure Bank to \u201cchannel billions of pounds into capital projects\u201d<\/a> (FT 20th<\/sup> November, 2020).<\/p>\n\n\n\n

We write to urge the Chancellor to broaden his vision. The regeneration of Britain\u2019s \u2018national infrastructure\u2019 must include investment in \u2018social infrastructure\u2019 such as childcare, schools and universities, regional theatres, orchestras, common spaces, and local sports. The pandemic has shown these economic activities are just as vital to society and the economy as the physical infrastructure of tarmacked roads, green energy and safe bridges. And research demonstrates that investment in care has multiplier effects many times those of investing in construction, while generating far fewer GHG emissions.  Furthermore, these investments can be kick-started in less time than construction projects.<\/p>\n\n\n\n

Under-investment in social infrastructure before the pandemic was a false economy; it would be even more so as we move into the recovery phase. Channelling money into Britain\u2019s social infrastructure and especially into its care, education, arts and training sectors would create jobs, generate income for workers, the Treasury, and the wider economy, and <\/em>contribute to a more robust and sustainable economy.<\/p>\n\n\n\n

Yours faithfully,<\/p>\n\n\n\n

Patrick Allen<\/p>\n\n\n\n

Carolina Alves<\/p>\n\n\n\n

Danny Dorling<\/p>\n\n\n\n

Daniela Gabor<\/p>\n\n\n\n

Stephany Griffith-Jones<\/p>\n\n\n\n

Susan Himmelweit<\/p>\n\n\n\n

Will Hutton<\/p>\n\n\n\n

Michael Jacobs<\/p>\n\n\n\n

Sue Konzelmann<\/p>\n\n\n\n

Natalia Naqvi<\/p>\n\n\n\n

Ann Pettifor<\/p>\n\n\n\n

Kate Pickett<\/p>\n\n\n\n

Josh Ryan-Collins<\/p>\n\n\n\n

Guy Standing<\/p>\n\n\n\n

Robert Skidelsky<\/p>\n\n\n\n

Jan Toporowski<\/p>\n\n\n\n

Council Members of the Progressive Economy Forum<\/p>\n\n\n\n

<\/p>\n\n\n\n

photo credit flickr<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The regeneration of Britain\u2019s \u2018national infrastructure\u2019 must include investment in \u2018social infrastructure\u2019 such as childcare, schools and universities, regional theatres, orchestras, common spaces, and local sports. 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Allen"}],"_links":{"self":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/posts\/8316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/comments?post=8316"}],"version-history":[{"count":3,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/posts\/8316\/revisions"}],"predecessor-version":[{"id":8321,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/posts\/8316\/revisions\/8321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/media\/8320"}],"wp:attachment":[{"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/media?parent=8316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/categories?post=8316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/progressiveeconomyforum.com\/development\/wp-json\/wp\/v2\/tags?post=8316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}