Industry

The alternative is an economy which is much more domestically owned, which engages in patient, long-term investment to improve its productivity, which is based on adding value rather than extracting value, which creates good jobs and pays good wages and which is a constructive member of its community both towards people and the planet. That economy would not need bailed out by government all the time, it would pay wages that people can live on reducing the social security bill, it would pay more tax because it would make productive profits, and because it would extract much less wealth from the economy into the pockets of overseas financiers, it would create a virtuous circle in which Scotland’s economy was rebuilding itself by investing in itself.