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Alex Schafran, Matthew Noah Smith, and Stephen Hall

example, a group of economists, whose focus is on what they call the ‘Foundational Economy’, argue specifically for more attention to be paid to the economies we rely on – health and care, electricity and water, the often overlooked ‘mundane’ economies that we need to survive but that aren’t seen to drive competitive economies. 23 In a series of publications, foundational economists have shown both how big and how important the foundational economy is, and how desperately we need a new approach to the political economy of these vital societal functions. 24 As

in The spatial contract
Alex Schafran, Matthew Noah Smith, and Stephen Hall

more true if we move beyond resource-intensive reliance systems to ones based more in human capital, for example healthcare, education, media, policing, etc. 38 See also A. Bowman, I. Ertürk, J. Froud, S. Johal and J. Law, The End of the Experiment? From Competition to the Foundational Economy (Manchester: Manchester University Press, 2014), and J. Earle, C. Moran and Z. Ward-Perkins, The Econocracy (Manchester: Manchester University Press, 2016). 39 See A. Schafran, The Road to Resegregation: Northern California and the Failure of

in The spatial contract