We are at our best, as Liberal Democrats, when we have radical vision, challenge the status quo, AND have the plan to match.
Too few people in positions of power truly realise just how deep the failing of the current economy goes. It does not work for too many people.
But the question is not just what a new economy looks like, but how we unpick the old one and move forward.
This article outlines how the Liberal Democrats could construct and communicate a plan for a Wellbeing Economy in the UK. You can find more detail on each of the seven steps below published recently at Critical Mass for Sustainability.
The next stage of economics must be a transition to an economy judged not only by GDP, but by whether people can access care, find fulfilling and secure work, access a thriving local environment, afford a decent home, breathe clean air… all on a liveable planet.
A wellbeing economy matches our party’s deepest values: liberty, equality, community, democracy, and environmentalism.
Freedom, fairness, and equality of opportunity also cut across Liberal Democrat values and form the core of what a wellbeing economy could be:
- A platform and the freedom to live your version of a best life.
- Freedom in a fair society that works especially for the least advantaged.
- Genuine equality of opportunity, not just theoretical opportunity written in law.
That new economy needs a practical route from the current, complex, globally connected system to a better one, built from inside the institutions, incentives, and fiscal realities we have now.







it looks like a relatively gentle week in the Lords, although there will be an opportunity for the Lords to ask the Commons to think again… again… on the Victims and Courts Bill and the Crime and Policing Bill. Yes, it’s ping-pong time in the Lords…
I’ve been doing European politics with the Liberal Democrats on and off since 1989, long enough to know that it’s always worth waiting a little before declaring that a change of government is good news or not. Indeed, I’ve been around so long that I remember when FIDESZ were a welcome part of the liberal family – and Viktor Orban was its leader in those days too.
