One echo of #LizTruss' weeks at the top seems to have faded; FT is reporting that #investmentzones, which Truss had wanted to proliferate widely as #Freeports & the like, will (in the budget) be scaled back to the 'normal' zones clustered round #universities & other research-intensive sites.... #JeremyHunt clearly trying on the voice-of-reason cloak here... pity, he's still draining #publicservices of money to do it
@ChrisMayLA6
Draining public service money to subsidise private business is the Tory raison d'etre.
@ChrisMayLA6
Is the Charter Cities moment here?
https://blog.politics.ox.ac.uk/is-the-charter-cities-moment-here/
Sunak called Stanford professor Paul Romer "inspiring".
Romer, who described #CharterCities as 'quasi-sovereign units located within existing states' which would be maintained by a 'foreign guarantor nation or nations' claimed to not remember #Sunak
But what these two share is a belief in the needs of #capitalism over workers' rights.
Have #Freeports gone away? ask #Teesside
Is The Charter Cities Moment Here?

In 2009, Nobel Prize laureate and former Chief Economist of the World Bank Paul Romer proposed the concept of ‘charter cities.’ In contrast to special economic zones, charter cities were envisaged as quasi-sovereign units located within existing states which were to be maintained by a foreign guarantor nation or nations. This arrangement would not merely construct a separate economic framework for the designated territory, but also establish a legal and political system autonomous from the host state. This, Romer believed, would create city-scale epicentres to stimulate economic development within the Global South. This piece examines Romer’s project and questions the immediate feasibility of such a project by taking into account the ‘stickiness’ of ideas regarding the territorial sovereign state.  Since 2009, the idea of charter ...

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