Episode 68: The Public Interest Economy by Bronwyn Kelly (Chapter 4 - Parts 6 to 8)

Episode 68: Bronwyn Kelly reads Parts 6 to 8 of Chapter 4 of her latest book, The Public Interest Economy: the path to wellbeing, security and sustainable consumption in a democratised Australian economy.Chapter 4 is about how to arrange Australia’s economy in the public interest. In parts 1 to 5, Bronwyn spoke about how Australians can take an influential role in this by using National Integrated Planning & Reporting – National IP&R – to build a long term plan for economic and resource sustainability. She showed how Australians can enter into orderly conversations in the National IP&R framework that will allow them to help governments get public spending right. In Parts 6 to 8, Bronwyn shows how they can do the same to get tax right. Australians can use conversations in National Integrated Planning & Reporting to compose the tax base so that it is fair and efficient, and so that it is likely to stabilise inflation without creating unemployment. These conversations will be essential to reduce poverty and inequality in Australia. Unless poverty and inequality are reduced, we will not be able to build an economy in which all Australians can participate and from which everyone can benefit. We will not be able to build an economy in the public interest. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bronwynkelly.substack.com