18th September 2025
Introducing alternative ways of managing our economies will require a high degree of political will – and especially the willingness to shift from short term (before the next election) to long term goals.
One organisation that has done research on how this can be achieved is Nesta (a UK innovation agency for social good).
“Why long-termism doesn’t often happen…Part of the problem is that so much of our system of government pushes in the opposite direction. Decision makers get stuck in “firefighting traps”, a symptom of which includes focusing on the urgent instead of the important.
“Rather than simply indulge in well-intentioned hand waving about the need for greater long-termism in government, we need practical ways of encouraging future thinking that are hardwired into the system. Fortunately across the globe there are pockets of government innovation where we can find just that.”(1)
Do read the full article. And ask questions when we next have elections – how will the candidate/ party ensure better long term planning to ensure intergenerational justice?