#public-investment — Public Fediverse posts

The Canada Strong Fund isn’t a sovereign wealth fund — and that’s OK
#Canada #Politics #Economy
#CanadaStrongFund #FiscalPolicy #IndustrialPolicy #PublicInvestment #EconomicPolicy #DevelopmentBank
#SovereignWealthFund
https://the-14.com/the-canada-strong-fund-isnt-a-sovereign-wealth-fund-and-thats-ok/

To lead in global innovation, Canada must prioritize basic science
#Canada #SciencePolicy #Innovation #ResearchFunding #BasicScience #PublicInvestment #EconomicStrategy #Research #Tech #OECD #FutureOfScience #CRISPR #GlobalCompetition #Policy #mRNAVaccine
https://the-14.com/to-lead-in-global-innovation-canada-must-prioritize-basic-science/

The Capitalism Myth Exposed: Workers Build America, Billionaires Take the Credit

Workers built America, but billionaires took the credit. A sharp breakdown of capitalism’s biggest myths.

Corporate Socialism Exposed 60 Minutes Reveals Who Really Takes the Risk

60 Minutes reveals how corporations rely on subsidies while avoiding risk—rare earths, shipbuilding, and more expose capitalism’s structural failure.

"The measures Trump has enacted will not create the strong, well-resourced public systems required to drive innovation that produces broad prosperity. Industrial policy instruments can be powerful, but only when they are embedded in capable institutions and used to solve problems rather than merely reward those with privileged access.

If industrial policy is to deliver for the American people, the Trump administration must demand discipline from CHIPS Act recipients. If the president aims to secure a good deal for taxpayers, then the current approach—in which the state is taking passive equity stakes with no voting rights, no conditions, and no reinvestment requirements—will not suffice.

Trump speaks to the grievances of the working class. Industrial policy can deliver for those voters, but only if contracts require that public investment translates into better wages and more affordable essentials, not just higher stock prices. Placing conditions on government support is not adding bureaucratic red tape. It is the mechanism by which public value is created.

An effective industrial strategy must create wealth through public investment guided by modern-day moonshots, missions that set clear public goals defined by the problem to be solved and the outcomes to be delivered."

https://www.foreignaffairs.com/united-states/making-industrial-strategy-great-again#

#PublicInvestment #IndustrialPolicy #IndustrialStrategy #USA

"#Housing is fundamentally a question of #distribution and #SocialRights, not merely #construction targets. It shapes who can live where, access what opportunities, and build what kind of life. A progressive housing agenda must be bold enough to challenge the norm that housing has become an #asset for #WealthAccumulation, and ambitious enough to build the broad #coalitions of support necessary for sustained #PublicInvestment."

Aramco Together with Aston Martin, we are seeing how lower carbon fuels perform on the race tracks

Learning from every lap with the aim to accelerate progress toward a lower-carbon future #aramco
تعمل أرامكو جنبًا إلى جنب مع أستون مارتن على اختبار أداء الوقود منخفض الكربون على حلبات السباق،
حيث نتعلم من كل لفة بهدف تسريع التقدم نحو مستقبل منخفض الكربون.
#pif #PublicInvestment #fund #technology #formula1 #aramco #motorsport #f1 #racing #AstonMartinF1 #innovation #engineering #sustainability

South Korea's rapid fiscal execution reaches 277.4 trillion won by April, up 10.4 trillion won year-on-year, with government pushing for 70% supplementary budget execution by July
#YonhapInfomax #RapidFiscalExecution #SupplementaryBudget #PublicInvestment #EconomicStimulus #GovernmentSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63399

"The market economy will not grow in a socially desirable direction on its own. Rather—as my book The Entrepreneurial State stressed over 10 years ago—a dynamic, capable public sector with a decentralized network of public institutions across the innovation chain can shape the direction of growth toward more socially desirable outcomes. The public sector needs to develop competent and well-equipped national, regional, and local governments that can work together to deploy tools like outcomes-oriented procurement and strategic public investment. Unfortunately, the new government initiative so-called the Department of Government Efficiency appears to be a regurgitation of new public management theory—the idea that private-sector management practices should be applied to the delivery of public services, based on the assumption that the government’s attempts to make things better for people could actually make them worse. This contradicts what we need to do: invest in our public sector to develop the dynamic capabilities necessary to foster innovation-led sustainable and inclusive economic growth. And ultimately, this is not about the state doing everything itself—it is also about having the capacity required to work well with others, including private sector actors."

https://rooseveltinstitute.org/blog/mission-oriented-framework-for-economy/

#PublicInvestment #State #EntrepreneurialState #PublicAdministration #PublicPolicy

Korea REIT Association calls for tax exemptions and increased public investment to boost REIT market, citing successful models from Japan and Singapore
#YonhapInfomax #REITs #TaxExemption #PublicInvestment #ProjectREITs #DividendIncomeTax #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59941

:thonk: "Maybe they won't remember our #plundering of their life savings," the kakistocrats are likely thinking.

#tariffs #navarro #newFeudalism #disruption #dismantlement #theDismantlement #PublicDomain #publicSavings #publicInvestment #retirement #retirementplanning #retirementsavings #plunder #plunderingamerica

British Election: Not Quite as Predicted
"Starmer needs to preside over a serious program of #publicinvestment, to #modernize #Britain’s economy and move it away from the #failedmodel of reliance on #finance. If he succeeds, he can claim a real mandate & make #Labour the natural majority party for a generation.. But as the #election showed, Tory collapse is not quite tantamount to Labour success—something tt Starmer still needs to earn"
Hope #Starmer is not #Blair Part 2!
https://prospect.org/blogs-and-newsletters/tap/2024-07-05-labour-victory-keir-starmer/

Published a short letter in The Times today about labour’s looming retreat on green investment

#Renewables #labour #greenenergy #climatechange #PublicInvestment #sustainability #greeneconomy

This is just getting more and more ridiculous. Labour is echoing tory economic illiteracy. ‘Fiscal rules’ mean nothing more than a chancellor setting intentions. Markets and private investment will respond positively to an ambitious programme of green public infrastructure investment. Obviously individual projects need to be appraised but this should determine which projects go through not the total magnitude. #GreenTransition #PublicInvestment @TheGuardian

https://www.theguardian.com/politics/2024/feb/02/senior-mp-confirms-labour-has-dropped-28bn-target-for-green-investment

Governments facing wipeout will always cut #taxes but there are better uses for #UK’s £20bn windfall

Instead, #JeremyHunt could shelve plan to cut #PublicInvestment or repair #Welfare safety net

What state are #GovernmentFinances in?
https://www.theguardian.com/business/2024/jan/28/governments-facing-wipeout-will-always-cut-taxes-but-there-are-better-uses-for-uks-20bn-windfall
#ToryPoliciesInAction #SelfIntetestBeforePublicInterest

📢 Exciting Announcement!

We are thrilled to unveil the latest addition to the 'European Public Investment Outlook' series:

🌐 'Financing Investment in Times of High #PublicDebt'
📚 Eds.: Floriana Cerniglia, Francesco Saraceno, Andrew Watt

The fourth book in the ‘#European #PublicInvestment Outlook’ series focuses on the urgent issue of how to #finance needed investment in critical tangible and intangible infrastructure given high levels of public debt, a thorny problem facing many governments across #europe

Drawing on expertise from academics, researchers at public policy institutes, and international governance bodies, the contributors analyze the current situation and prospects and propose feasible solutions.

This book is essential reading for #economists, #policymakers, and anyone interested in implementing and financing public policy in Europe and wanting to better understand the intricacies of #EUgovernance and institutions.

🔗https://doi.org/10.11647/OBP.0386

EU Parliament’s econ committee OKs position on fiscal rules reform https://www.euractiv.com/section/economy-jobs/news/eu-parliaments-econ-committee-oks-position-on-fiscal-rules-reform/?utm_source=dlvr.it&utm_medium=mastodon #EUfiscalrules #fiscalrules #publicinvestment #publicinvestments

The #US faces shortages of essential drugs, including cancer treatments, due to a broken #health system. The solutions at hand are inadequate, since for-profit drug companies prioritise profits over #generics.

How about a public #pharmaceutics option to produce and distribute vital medicines affordably? This approach has succeeded in other countries. #PublicInvestment in drug manufacturing infrastructure could create jobs and rebalance the power.

#bigpharma
https://znetwork.org/znetarticle/public-pharma-is-the-best-solution-to-the-ongoing-problem-of-drug-shortages/

‘Bidenomics’ Agenda Struggles to Gain Support as Joe Biden’s Approval Ratings Plummet - Over the past week, U.S. president Joe Biden has been engaged in discussions regar... - https://news.bitcoin.com/bidenomics-agenda-struggles-to-gain-support-as-joe-bidens-approval-ratings-plummet/ #realclearpoliticspoll #economicchallenges #reelectioncampaign #publicinvestment #approvalrating #economicagenda #americandream #u.s.president #fourthofjuly #nationaldebt #rollcall.com #trickle-down

The UK not only has low investment by the private sector, it has a history of under investment by the state. If you care about the UK, this podcast is not only sobering and depressing, but a must listen.

#UK #publicInvestment

https://podcasts.apple.com/gb/podcast/resolution-foundation-events-podcast/id1600873886?i=1000606625743

A new Resolution Foundation report details low levels of #publicinvestment in the UK

Combined public & private #investment has been consistently among the lowest for developed countries, while public investment (averaging 2.5% of GDP/annum) has been consistently lower than the OECD average of 3.7%.

The #Tories might argue public investment 'squeezes out' private investment but on these figures it is the public and private reluctance invest at high(er) levels that seems to be the main issue

@richard Noam Chomsky on John Dewey simply expressing, in a couple of minutes, the necessity for educational experiences to follow the natural leads of children: this is what has to happen ASAP or, sadly, after things have been destroyed. https://visionon.tv/w/3383b055-fd14-4fda-9fab-9818db8f97df #NoamChomky #JohnDewey #capitalism #climate #ExtinctionRebellion #education #earlychildhood #stewardship #play #PublicInvestment #trending