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About The Book
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Written by members of the GLCs Economic Policy Group and based on the GLC experience this book describes the way in which the initiatives of local communities trade unionists women and the unemployed combined with devolved political power to demonstrate the potential of a new kind of socialist economics. The popular planning which resulted was unique. Resources were employed in ways which local politicians the traditional dispensers of local authority funding could never have imagined. Many of the problems which emerged were also new to local government: How to support experiments in workers control when market pressures are driving companies to bankruptcy? How to organise effective allocation of resources between groups with uneven experience of the way the funding system works? How to develop ambitious new programmes for industries in which the real power is held by the banks the multinational and the government?