Amid warnings that the economy may face a ‘decade of Japanese style stagnation’, how might we adapt creatively to the end of the era of plenty?
In these series of papers called 'Plan C', we challenge policy makers, opinions formers and ordinary citizens to examine how we might best respond to this new reality. Does slow growth require a more profound shift in policy, expectations and culture? Might it even be possible for some things about our economy, society and culture to improve despite slow growth?
To begin to tackle these questions, there must first be clarity on what it is that the state should be doing and what role individuals have, as well as the degree of redistribution we want through public spending, welfare and taxation.
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