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"The economic contribution of the Black and Minority Ethnic communities is undervalued and this substantial resource must be harnessed to stimulate greater economic justice. The vision of EQUANOMICS UK provides the stimulus and pivot to enable organisations to engage collaboratively in more progressive discourse on race equality in the UK. It is an exciting and challenging initiative which I welcome.” Lord Herman Ouseley Business Plan April 09/March 10 1

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"The economic contribution of the Black and Minority Ethnic communities is undervalued and this substantial resource must be harnessed to stimulate greater economic justice. The vision of EQUANOMICS UK provides the stimulus and pivot to enable organisations to engage collaboratively in more progressive discourse on race equality in the UK. It is an exciting and challenging initiative which I welcome.” Lord Herman Ouseley

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Page 1: Equanomics Business Plan 09/10

"The economic contribution of the Black and Minority Ethnic communities is undervalued and this substantial resource must be harnessed to stimulate greater economic justice. The vision of EQUANOMICS UK provides the stimulus and pivot to enable organisations to engage collaboratively in more progressive discourse on race equality in the UK. It is an exciting and challenging initiative which I welcome.” Lord Herman Ouseley

Business PlanApril 09/March 10

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Contents1 Foreword..................................................................................................................................32 Vision.......................................................................................................................................53 Background..............................................................................................................................74 Equanomics Principles...........................................................................................................115 Equanomics Strategic Objectives..........................................................................................126 Operational Objectives...........................................................................................................157 Management Structure...........................................................................................................178 Financing................................................................................................................................199 Appendices.............................................................................................................................22

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1 Foreword

Equanomics UK is a 21st century initiative to transition from poverty to equality, from

economic disadvantage to parity. Equanomics seeks a level playing field for all

communities. Focusing on wage inequalities, international trade policies, the impact of

credit, loans and debt, and the impact of poverty on social conditions such as

education, employment, health and housing, Equanomics UK intends to mobilise all

committed people to help us meet our long term goal of Human Rights for All, and

forge a new movement and organisation for racial equality and economic justice.

We have to change our politics. We must assert our status in a progressive, innovative

style which celebrates our omni-possibilities and, in particular, our growing contribution

to the UK’s economy. The call for a community led voice and a new and insightful

focus on Equanomics. Building this new compass will be a challenge.

Equanomics is not about creating a single voice; it is about enabling and empowering a

diversity of voices to influence policy. With co-ordination, engagement and vision, our

individual voices can come together to drive a vehicle for sustainable change.

1.1 What is Equanomics?

Equanomics projects a contemporary analysis for today's fight against structural

inequality. Distinct from cohesion and diversity, Equanomics sets forth a positive

framework for full racial equality in all social, economic, educational, and political

categories.

1.2 Equanomics is an analysis

It will research and issue objective public policy analysis that objectively measures the structural inequalities (and progress toward equality) in the UK – e.g., in

economics, health, criminal justice, education, employment, etc. It will produce

research and public policy briefs, and a UK Equanomics Index. We look forward to the

day when an ‘Equanomics’ analysis becomes a pre-requisite to policymaking, and

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when no policy or strategic direction can ever again emerge without the voices and

engagement of disadvantaged communities.

1.3 Equanomics is an organisation

Equanomics-UK aspires to be the foremost third sector organisation addressing race

equality in the UK from an economic perspective. It is a broad based coalition of

individual activists, and myriad voluntary and community based organisations and

in combining public policy research (its own, as well as from academia and think tanks)

and transforming this research into social action. Currently it is a community-rooted

organisation with a central national office, and envisions local Economic Action Teams

in cities throughout the UK.

1.4 Equanomics is a movement

It is the "new language" for today's civil rights movement for racial equality and

economic justice – i.e., the unfinished business. We need a new and different kind of

politics: A variation in our approach that remains true to our principles. A new way that

does not deny our roots yet is a new radar, a fresh angle, a new paradigm. A coalition

strategy we believe will best advance our struggle for change, if not “equality in our

lifetime.”

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2 Vision

2.1 The Vision

The vision for Equanomics UK is to achieve genuine race equality and economic

justice by reconnecting economically and politically disenfranchised communities

across the UK, presenting an economic analysis of discrimination, and growing a

movement that will change the UK’s language and approach on racial and economic

equality, and makes measureable progress in the objective economic status of BAME

and disenfranchised communities.

2.2 The Focus

The focus of Equanomics will be to address structural inequality and achieve

economic and racial equality working to eradicate:

discriminatory and disproportionate poverty rates

discriminatory and disproportionate unemployment levels and income

discriminatory and disproportionate representation in private and public and

political spheres

2.3 What will success look like?

People will understand that social justice cannot be achieved without economic

justice. “I had also learned that the inseparable twin of racial justice was

economic justice” Dr. Martin Luther King (from autobiography edited by

Claybourne Carson p10)

Everyone will be talking the language of economic justice and Equanomics will

be its trademark – i.e., it becomes the common denominator/identifier in the

quest for social, political, and economic justice, the “term” for activists, scholars,

and policy makers.

Objective and measurable decrease in the disproportionate levels of poverty

and unemployment by race and class

Equal access to public services and human rights eg: education and health care

Improvement in peoples personal and professional financial management and

access to prosperity

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Increase in minority representation on company boards, in political arenas and

in the management levels of the public and private sector

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3 Background

The struggle for race equality in the post war period has largely been characterised by

a focus on tackling the worst effects of racism and discrimination in the fields of

education, criminal justice and employment and also the persistent view that

‘immigrants’ are somehow problematic.

Large-scale unemployment, lack of opportunity to access private sector investment

funds, regeneration schemes that often pass by our communities and consistently high

rates of poverty characterise the BAME experience in the UK. This consistency and

persistency of disproportionate levels of poverty and unemployment is what drives

Equanomics work to determine causes and solutions. Below are just a few examples –

further research and analysis will be conducted to offer more detailed examination of

these issues.

It is important to mention at this stage that while our focus is race equality through the

lens of economic equality, we are also alarmed at the staggering rates of poverty for

white children in the UK and are concerned that all too often false wedges are planted

to divide the working class along racial lines. Equanomics therefore will also work to

build alliances with white organisations and communities and to assist in tackling

poverty wherever it exists. Race equality in economic terms is not just about BAME

communities.

3.1 Poverty:

CRE Legacy report

‘While children from ethnic minority groups make up 12% of the total child population, they are disproportionately more likely to be poor. Rates of child poverty are particularly high among children of African (56%), Pakistani (60%) and Bangladeshi (72%) origin, compared with a rate of 25% for white children.

Young people from ethnic minority groups are more likely to suffer from mental health problems, and they are at higher risk of sexually transmitted diseases. Black and mixed race children are proportionately more likely to be found within the social care system and appear to stay in the system for longer than white children.

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TUC Poverty report:

3.8 million children in the UK are living in poverty. Child poverty costs £40 billion a year, or £2,500 for every family in the UK. The problem costs £40 billion a year because of increased crime, extra public spending and lost economic productivity

3.2 Low income

For all family work statuses, people from ethnic minorities are, on average, more likely to live in low income households than White people.  Whilst these differences are relatively small for workless families, they are proportionally much bigger for working families.  In particular, part-working families from ethnic minorities are twice as likely to be in low income than part-working White British families: two-fifths compared to one-fifth.

Among those in working families, around 60% of Bangladeshis, 40% of Pakistanis and 30% of Black Africans are in low income.  These rates are much higher than the 10-15% for White British, White other and Indians.

3.3 Criminal Justice:

Reach Report

PricewaterhouseCoopers estimated the potential economic benefit of removing the underachievement of Black boys and young Black men at about £808 million a year. The major components of the estimates are the costs associated with over-representation in the Criminal Justice System and reduced gross earnings and taxes associated with educational underachievement. The costs, if they continue over the next 50 years without any change, would amount to approximately £24bn.

3.4 Taxpayers and consumers

Black, Asian and Minority Ethnic (BAME) communities in 2007/2008 make up important segments of local and national economies, recent figures indicate that by 2011 that total will be as much as £300 billion. Black and Asian consumers are also estimated to earn up to £156 billion after tax income, with young men being the bigger consumers and spending £32 billion every year.1

1 Research by Weber Shandwick Multicultural Communications www.webershandwick.co.uk

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What do those communities get in return for the money they spend and

contribute to the tax base? How can we use this emerging economic leverage

in a collective effort to increase economic opportunity for all our communities?

How does the private sector respond to our desire to see employment of our

communities and the purchase of products from BAME businesses?

How does the financial services sector discriminate against communities and

what are the effects? How do local authorities and public sector agencies as

employers and the procurement arrangements of goods and services relate to

BAME communities?

Now is the time to move to the next phase of the struggle for race equality in the UK.

Tackling structural economic disadvantages will be central. Tackling the bone crushing

reality of economic exclusion is an urgent priority.

We look forward to the day when an ‘Equanomics’ analysis becomes a pre-requisite to

policymaking, and when no policy or strategic direction can ever again emerge without

the voices and engagement of disadvantaged communities.

In August 2007 the 1990 Trust and Operation Black Vote launched ‘Equanomics’

(Equality and Economics) via a UK-wide tour with the Reverend Jesse Jackson. Thirty

five events were organised in nine cities (London, Bristol, Birmingham, Nottingham,

Leicester, Liverpool, Manchester, Bradford and Sheffield), bringing together private

sector businesses, third sector organisations, religious leaders, local authorities,

housing organisations, students, youth agencies, and many more. A diary of the tour

now is now online at www.equanomics.org.uk

Similarly in 2008, Equanomics hosted a “Civil Rights Journey – From Gandhi to

King, from Mandela to Obama” – hosting church, community and university events

in London, Nottingham, Leicester, and Liverpool, again in partnership with the Rev.

Jesse Jackson and the U.S. Rainbow PUSH Coalition.

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4 Equanomics Principles

The 10 P’s of Equanomics

I. (Challenging) Poverty

II. Purposeful

III. Positive principles

IV. Peaceful

V. Peer-centred

VI. Planning

VII. Practical Programmes

VIII. Progress

IX. Participation

X. People Power

Please see Appendix 2 for description of principles.

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5 Equanomics Strategic Objectives

5.1 Strategic Objective 1: To build an inclusive and diverse approach to race equality in the UK based on economic justice

Overview Deliverables Methods

Language about race in Britain

is important, just as the imagery

and the way in which politicians,

the media and policy institutions

approach the issue. Too often

the language is reactionary and

concerns only people of colour.

Too often the framework of

language and concepts is

created with a top down

approach. We aim for

constructive community

challenge to the

conceptualisation of Race in

Britain.

a. Establish a UK wide understanding of the

concept of Equanomics.

b. Establish partnerships and networks who can

carry the Equanomics UK messages

c. Utilisation of the written word on Equanomics

UK website, (one article per week) through the

Equanomics Index Quarterly online

publication (4 issues per year)

d. Speaking engagements - at least 20 per year

in a range of public, voluntary sector agencies

e. Road shows – Equanomics speaking tours in

communities in the UK 5 in London and at

least one in each the major conurbations

Speaking engagements – these are currently

at a rate of four per month all over the UK and

for a range of agencies.

Volunteers to be trained for Equanomics work

The Equanomics UK contacts database to

receive information on what we are trying to

do and to help with this task

Written submissions wherever possible to

local authorities, regional development

agencies, and responses to policy

consultations on race equality and poverty.

The Equanomics Index, being developed with

an advisory group, will have four issues per

year with an average on 10 articles per issue.

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5.2 STRATEGIC OBJECTIVE 2: To build a community led alliance with a strong youth voice to lead on and promote this economic justice for race equality approach

Overview Deliverables Methods

Equanomics UK believes that race equality

cannot be achieved without economic justice –

this means that there must be a greater

emphasis on poverty itself and the

disproportionate poverty rates in BME

communities. Currently 25% of white children

live in poverty compared to African children

56%, Pakistani children 60% and Bangladeshi

children 72%. The employment gap between

BME communities and white people is 15%

(2008) and has remained thereabouts for 20

years. The gap is exaggerated at higher levels

where BME representation is at its worst. The

private sector accounts for 80% of all

employment and yet has some of the most

marked gaps in representation at board level

and senior management.

a) Develop 2000 subscriptions over 3 years A

qualitative survey of the effects of the credit

crunch on poor and BME communities with a view

to using the results of leverage to influence policy

and further research

b) Develop 20,000 contacts in 3 years to participate

in the Equanomics network

c) To lobby others for key elements of the proposed

single equalities bill esp. procurement, positive

action, a social economic duty on the public

sector

d) To lobby on employment issues esp. the

narrowing of the employment gap between BME

communities and the rest of the population, fair

pay and the pay gap, employment tribunals.

e) Equanomics Index publication (four per year)

Research

Written submissions to

relevant agencies

Lobbies and campaigns on

legislation and policy to

include the economic justice

elements and to influence

the creation of new policy.

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5.3 STRATEGIC OBJECTIVE 3: To empower individuals and groups to have greater participation in civic society through political and economic representation

Overview Deliverables Methods

The twin of economic

empowerment is political

empowerment. Both of these

require representation in

economic and political arenas.

Currently (2008) there are only

15 Black MPs and only two of

these are women.

a. Race equality, economic justice and civic

engagement courses (2 per year)

b. Financial Intelligence workshops with speakers

from a range of finance related organisations–

aimed first at young people covering for

example budgeting, managing debt and credit,

investing and saving, housing, gaining

employment, business development, accessing

the private sector, spending money wisely and

ethically.

c. Youth programmes – aimed at leadership,

supporting education and developing skills,

mentoring schemes.

Establish baseline figures for MPs and

local political representatives’

Collate and disseminate information on the

bodies which need better representation

from chambers of commerce through

corporates, quangos, etc

The financial intelligence and youth

programmes will include materials on

increasing political and economic voice

Partnership work with Operation Black

Vote to support shadowing schemes and

other initiatives

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6 Operational Objectives

Area To do

Core Business planLeafletsVolunteer training programmeSubscriptions – PayPal process

Website Regular contentLink boxes

Newsletter Monthly

Steering group

Quarterly backed by subgroups on finance, IT, Index

Equanomics Action Teams(EATS)

LeicesterNottingham ManchesterLiverpoolLondon Bristol – recover contacts?Birmingham

All need support and directionDevelop social audit model

Index Quarterly – develop editorial group, focus and unique selling point

Institutional racism

Develop Equanomics Position paper and possible lobbying campaign

Manifesto To produce a racial justice manifesto before the next general election

Financial Intelligence programmes

These sessions would be diarised in at one-two per month rotating around key boroughs. All sessions would be planned with two to three speakers drawn from relevant agencies. The themes below are suggestions.

I. Banking – speakers from co-op bank, Islamic banking, independent Financial advisers, types of accounts available best rates of interest, overdrafts and loans

II. Students – grants for FE and HE – student speakers, University welfare officers, local authority

III. Benefits – speakers from benefits agency , citizens advice

IV. Increasing opportunities for employment and training – speakers from job centres, DfES, Connexions

V. Managing debt – speakers citizens advice VI. Book keeping, budgeting and basic accounts for

individuals, voluntary sector organisations - Citizens Advice

VII. Housing – benefits, renting, mortgages – speakers from

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mortgage brokers, RSLs, Benefits agencyVIII. Business and social enterprise start up – speakers from

SEED, CBIIX. Insurance and Pensions – speakers from DWP, Financial

advisersX. Introduction to the City and stocks and shares,

investment bankers, stockbrokers

Fundraising

Annual conference March 2010

High Level Conference on the organisation of world and UK finance and its effects on Black people

Speaking and event attendance

To change the approaches to race equality from a problematising and stigmatising framework to one which promotes the positive contribution of Black Asian and Minority Ethnic people and which celebrates the general good race relations in the UK. At the same time to focus on the realities of systemic and structural inequalities which stem from economic and political roots.

Equality BillIt is suggested that we organise around the forthcoming Single Equalities Bill –particularly where it may affect fair pay and pensions, employment opportunities, improved legal redress for discrimination, equal access to low credit rates, franchises and business and procurement opportunities

E day of action To have an email, text, messenger and skype or direct action

day of calling on people to organise around a particular issue.FTSE 100 work To identify and compile league table of make up of boards and

senior management, corporate responsibility programmes and work practices. Then to enter negotiations with a particular company for change.

Shareholder Action

Developing shareholder programmes, including the purchase of shares in top listed companies, and generating strategies that strengthen the business imperative of “race equality and inclusion/diversity” practices.

Equanomics Training Programmes

These training days will be for people who want to get active in Equanomics. Typical content could include (not fixed, just ideas):The Equanomics concept and History of movements and organising for economic justice - to include summaries of the work of Dr King, Gandhiji, Nkrumah etc

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7 Management Structure

Equanomics UK is an independent company limited by Guarantee

It aims to have a UK steering group (UKSG) with two reps from each city EAT and as

many experts as the UKSG wish from a range of disciplines. It is intended to operate

as transparently as possible and therefore any subscriber of Equanomics is able to

attend any meeting of the UKSG.

Local City E.A.T.’s are responsible for community outreach and recruitment,

formulating local E.A.T. programmes, and fundraising. Each City E.A.T. will operate

according to the “Pledge” and an Equanomics Code of Conduct. They will be tasked

with forging a local/regional coalition of organisations and individuals, seeking a

balance of organisations and individuals from the Public, Private and Third Sectors.

Equanomics – UK will also act in concert and coordination with existing progressive

organisations working around race equality and social justice issues, both locally and

nationally. These will include COALITION church, community, education, youth and

other “equality focused” organisations.

UK Co-ordination

The UKSG will guide Equanomics-UK, which includes subject experts, national

organisation representatives, trade union representatives, and two representatives

from each local city E.A.T. The UKSG will meet quarterly and will be tasked with

implementing the work programme following each annual conference.

Annual Convention

An Annual Equanomics-UK conference will be held at locations to be decided by the

UKSG, to decide annual strategies and programmes and to agree the UKSG.

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UK Advisory Group

BRISTOL

LEICESTER

LONDON

LIVERPOOL BRADFORD

SHEFFIELD

MANCHESTER

NOTTINGHAM

BIRMINGHAM

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8 Financing

Self–sustainability is a fundamental principle of Equanomics UK. It seeks a diverse and

stable funding base, including foundation, public and private sector grants, subscriber

dues and grassroots fundraising, and will avoid long-term reliance on any single

source. Open book accountancy practices will be employed to maintain accountability

and transparency

8.1 Fundraising

Equanomics will:

Focus on developing a wide subscriber base

Enable funders to participate in creating a self-sustainable, community led,

organisation, which will provide long-term access to advice and training where it

is needed most.

Use the wide appeal of the Equanomics movement to engage a number of key

funding partners such as high net worth individuals and corporate funders

Establish a sustainable fundraising programme for ongoing revenue and

developmental income needs

Work closely with all stakeholders to develop long term sustainable

partnerships

8.2 The Fundraising Strategy Priorities

Work on the “Equanomics Circle” campaign to raise approximately £1.4m over

3 years from Corporates and High Net Worth individuals

The aim is to gain funding initially from 360 companies (one degree each) of

£3k each. The companies researched and worked with over the last 3 years are

in the process of being approached, together with those that attended a recent

Business in the Community event.

Master card for Equanomics

Subscriptions and donations

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Approach to SME businesses, a number of large Corporates, and other bodies

including Trade Unions

Loans and grants from Venture Capital organisations such as BIGinvest, Future

Builders, Capacity Builders, Adventure Capital Fund and Venturesome are

being sourced.

8.3 Marketing Strategy

Equanomics has not previously had the resources available to effectively market the

services and activities it has to offer. Within the business plan should be a dedicated

budget to ensure that it is marketed to its full potential. This includes trade marking and

patenting, specific targeted promotions, and raising the profile in the local areas. We

will utilise network marketing to maximise potential markets. New technology and

media will be used to reach potential users in their own cultural context. Web

technologies will provide dynamic interface with stakeholder groups.

PR plays a key role in raising awareness - high profile continues to leverage support

and provide coverage with relevant external publics, however much more needs to be

done in this area and we a looking at all channels to reach the whole community more

effectively.

8.4 Subscriptions and Donations

Subscriptions are offered at £2 per month to unwaged £5 per month to waged and £10

per month to organisations. If we can get 5000 subscribers x £5 average per month

that will bring in £300,000 per year - enough to run the central organisation and city

Equanomics Action Teams. This will make Equanomics an independent race equality

movement which will not only have our own funds but which will also have a large

contact base that will be powerful in itself.

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9 Appendices

9.1 APPENDIX I: The 10 P’s of Equanomics

I. (Challenging) Poverty

II. Purposeful

III. Positive principles

IV. Peaceful

V. Peer-centred

VI. Planning

VII. Practical Programmes

VIII. Progress

IX. Participation

X. People Power

I. Poverty – non party political work for the engagement of disenfranchised and

poor communities. Equanomics argues that it is economic justice alongside

political empowerment that is the next phase for equality in society. Without it

there cannot be any more integration than already exists. Without it,

discrimination and inequalities based on race and colour will grow.

II. Purposeful Recently, we have been most struck by how hungry we all are for a different

kind of politics: A variation in our approach that remains true to our principles. A

new way that does not deny our roots yet is a new radar, a fresh angle, a new

purpose. A coalition strategy we believe will best advance our struggle for

change, if not “equality in our lifetime.”

Rafael Behr Observer 15th June 2008:

‘If government wants to change the status of minorities, it can choose between two policy menus, one cultural and one economic. The cultural one is assimilation: setting a goal of a unified national identity and pushing people towards it, by shutting faith schools and banning public officials from wearing headscarves, for example.

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The economic one is redistribution: addressing the problems of social mobility and poverty that actually cause tension between communities. Or it can go à la carte and try a bit of both. What it can't do is talk loosely about a policy of integration because, noble though it sounds, it doesn't actually mean anything.’

Clearly, the fight to eradicate poverty demands more from government policy

than integration, cohesion and diversity strategies unless they have real

economic equality as their foundation. Government policy must address

economics: closing the gap between rich and poor; allocating real economic

resources, and needed to tackle poverty. Currently there is good indication that

this government is committed to this and Equanomics is keen to work in

proactive partnerships with Government departments to optimise joint efforts.

Thus, Equanomics represents the birth of a movement that will focus on the

structural inequalities which present as inherently economic and racial

injustices, alongside the pursuit of social, civil and political rights.

III. Positive Principles Peaceful and Positive Persuasion, belief in the possible becoming

probable and permanent

Non-violent action for justice and resistance to injustice.

Based on working from love for humanity and not fear of the

oppressor(s), oppression. However, love without work for justice is not

enough. If you love humanity, you must want and work for justice.

Education, Persuasion Legislation and Litigation

Courage, moral and in actions must be the guide to our work because

we should identify (and protect) leaders, be transparent.

Work within the law as far as possible, but challenge unjust laws.

IV. Peaceful

Equanomics believes in resistance to injustice by non-violent methods. This must

not be mistaken for pacifism or passivity. We advocate direct action and

organised interventions where necessary to highlight and lobby against injustices.

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We draw our inspiration particularly from the work of Dr. Martin Luther King,

Mahatma Gandhi and Kwame Nkrumah.

V. Peer centred

Equanomics is founded on a history of experience, direct work with communities,

information giving and receiving, consulting and networking all over the UK. We

believe firmly that to be effective Equanomics must be based on:

C = Constituency

S = Substance

R = Relationships

That is the work of Equanomics must be guided by the views and experiences of

local communities, it cannot be rhetoric alone and therefore well researched

documents and analysis, programmes which connect with ordinary people and be

founded on the development of relationships.

Local City E.A.T.S (Equanomics action Teams) will also have co-ordinators and

all subscribers to Equanomics will be able to attend Equanomics meetings. A key

tenet of Equanomics will be to disseminate information, encourage participation

and engagement not only in Equanomics but also in wider civic life.

Equanomics-UK is not just a single voice; it is a chorus of diverse community

voices working for equality – people of all races, religions and backgrounds

committed to achieving economic and racial equality. With coordination,

engagement and a single vision, our individual voices will come together to drive

a vehicle for sustainable change.

Equanomics-UK is a democratic organisation. It is for everyone whose lives are

affected by deprivation, poverty and who lack equal opportunity. It will involve

individuals and organizations from both the public and private sectors in England,

Scotland, Ireland, and Wales.

Equanomics-UK will be people-led with national, regional and local steering

groups to be known as EQUANOMIC ACTION TEAMS (EATS). Two

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representatives from each City Equanomics Action Team will join the

Equanomics-UK Steering group – normally the co-ordinator and one other

person.

VI. Planning

Annual convention will agree annual priorities and this then will be planned by the

advisory group. City co-coordinators will then plan locally. The UKSG and

Advisory group will meet quarterly to monitor progress and offer support.

The national co-ordinator and city co-ordinators will arrange a series of meetings

during the year with key individuals and organisations in the public, private, and

voluntary sectors and will undertake a range of speaking engagements.

VII. Practical Programmes - focused on tackling poverty, creating an equality of

opportunity to prosperity and which are practical. See Appendix 1 for

summaries of the programmes. Each programme will have its own developed

paper.

Equanomics index the starting point

Equanomics day of action - E day

Annual convention

Development of City Economic Action Teams to keep focus in city on

economic analysis and lobbies for economic justice

Anti poverty programmes

Jobs and income programmes

Prosperity opportunity programmes

Equanomics-UK seeks to empower ordinary people to lead the movement for

social change. It aims to develop programmes, which focus on:

Developing financial literacy programmes relating to individual and

community economic empowerment and development;

Monitoring and analysing public policy and parliamentary legislation

concerning poverty, income and race equality. And keeping communities

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informed of progress on these initiatives;

Providing and disseminating research and briefings quantifying race

(in)equality, assessing proposals for community wide change and

analysing trends in economic power in the UK. We will publish an annual

Equanomics-UK report;

Providing educational programmes, web-based advice and assistance on

employment issues, benefits, and debt reduction, as well as through

referral to other agencies who have capacity and expertise;

Developing shareholder programmes, including the purchase of shares in

top listed companies, and generating strategies that strengthen the

business imperative of “race equality and inclusion/diversity” practices.

Researching different economic models for society.

Working for fair pay and pensions, employment opportunities, improved

legal redress for discrimination, equal access to low credit rates, franchises

and business and procurement opportunities.

VIII. Progress - to be measured for Equanomics and for economic justice – as the

development of freedoms (see Amartya Sen – ‘Development as Freedom’)

IX. Participation Equanomics is based on the view that the full participation of all in civic society in

the UK is not possible unless there are the individual and community resources to

gain access. Equanomics will be examining a range of methods to ensure more

participation

X. People Power Equanomics knows that it only takes a few determined people to make an idea

successful or to create change. We believe in the power of the mind and

collective will and effort. If our hearts can believe it, our minds can conceive it,

then we can achieve it. If we can build our subscribers to a point where we are

not dependent on grants for any more than a small percentage of our funds then

we can create an independent UK wide movement for the future.

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