A Perspective on the Foundation Economy by Mark Lang
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There is growing interest in what has been termed the ‘Foundational Economy’, which was defined by the Centre for Research on Social and Cultural Change as ‘…an economy that meets everyday needs by providing taken-for-granted services and goods…’.
There is growing support for the idea that a revitalised Foundational Economy has the potential to deliver a social benefit to disadvantaged communities by enabling a more distributed model of economic activity.
So far, however, discussions about the potential of the Foundational Economy to deliver a positive environmental dividend have been less well developed. This short paper will begin to chart this territory and state the case for the environmental as well as the social gains that might be made.
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