Episode 69: The Public Interest Economy by Bronwyn Kelly (Chapter 4 - Parts 9 and 10)

Episode 69: Bronwyn Kelly reads Parts 9 and 10 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. More specifically, it's 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.In Parts 1 to 5 of the chapter, Bronwyn spoke about how Australians can enter into orderly conversations in the National IP&R process that will allow them to help governments get public spending right.In Parts 6 to 8, she showed how they can do the same to get tax right.In Parts 9 and 10, she shows how we can use these conversations to establish full employment in a non-inflationary environment. This will involve building a national wellbeing industries full employment plan.A central theme in Parts 9 and 10 is that Australians need to establish full employment in the foundational wellbeing industries of our economy before they can expect to have a thriving and profitable private sector. Prosperity for all is not possible in any economy that has not already fully secured the wellbeing and safety of its human resources. 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