Social Vision a vision for the future
A key societal question still needs to be faced; what kind of society do we want to witness for us, for our children and grandchildren? However, we have not yet been able to articulate the answers that provide us with a starting point for discussions,nor on how to shape a society which is more equitable. Social Vision is an incubator and facilitator for ideas, encouraging debates and dialogue for change, challenging the present status quo and its consequences, both economic and social. Initiating discussions for a fairer society, sharing economic resources and benefits of growth. How political systems still encourage discriminatory policies in different areas of economic life that create an environment which does not favour the poor and the disadvantaged.
In an increasingly globalised economy and interdependent world, in many areas the economic system does not ensure a fair distribution of wealth leading to growing income inequality. It has reached such a proportion now that it is hindering economic growth. Neo-liberals are still pre-occupied with supply-side reforms, increased corporate profits accommodating tax flexibility, leaving scope for aggressive tax evasion, and enforcing punitive welfare reforms. They favour fiscal prudence aiming for a balanced budget. Aiming at austerity means a reduction in government expenditure that affects the poorest and the most disadvantaged.
Poverty and social deprivation are manmade; parts of the present capitalist framework and macro-economic policies are not adequate to address social and economic imbalances for establishing a more equitable market orientated economic base. Fair distribution of resources is a policy option for gradual poverty mitigation.
Reduction in income inequality is an important element of the economic equation- 'income multiplier'-minus debts and savings, and is more likely to facilitate speedier growth, increasing consumer expenditure, expansion of new market opportunities, unless it is constrained by external circumstances, leading to a lack of consumer confidence.
For Social Vision, key societal issues, exploring causes and searching for solutions, are a part of editorial and features perspectives. The aim is to inform audiences of the consequences and implications of rapid social change: how policy makers, corporate business and civil society institutions are responding, being capable of conceiving a vision for a fair and just society.
Our news presentations and content issues are neither descriptive or narrative, they highlight social inequalities which weaken the fabric of our society. An analysis of news also represents intellectual sharpness commenting on social dynamics behind the issues, implications and consequences of policies and actions. Such an analysis will ignite new ideas, debates and expand the framework for sharing knowledge, facilitating an inclusive society.
G.P. Barua - Social vision founder, London School of Economics alumnus.
A London School of Economics and Political Science Alumni network drawing on intellectual resources within LSE community. Not for profit organization with limited liability status. Supported by LSE Alumni Research Resource Center. Associates in seven countries and with several country based foreign correspondents.