This report proposes a mutual, sectoral model of industrial development and rejects both ‘top down planning’ and ‘free market’ approaches.

Our approach is based on the recognition that the economy is not a force ‘external’ to society, governed by its own set of abstract rules or laws. The form an economy takes is inevitably the result of political decision-making.

Democracy must therefore extend to the economic sphere to ensure that the outcomes of these political decisions are aligned with the aspirations of the people.