Community: The Missing Third Pillar?

Community: The Missing Third Pillar?

Community: The Missing Third Pillar?


2 min read

Posted on: 1st July 2019

The Tony Blair Institute for Global Change is delighted to be hosting an event at the British Academy on the morning of 18 July with leading thinker and top economist Professor Raghuram Rajan, to discuss and debate the ideas of his new book ‘The Third Pillar: How Markets and the State Leave the Community Behind'.

For decades policymakers have tended to look to the tools of market and state to improve people’s lives and tackle emerging problems. But amid rising populism, the usual solutions appear inadequate to the task of rebuilding trust between citizens and their political leaders. An emerging response from leading thinkers across the western world is to advocate for a new localism as the solution out of our present malaise. In his powerful and wide-ranging new book, Professor Rajan argues that only by empowering local community can we hope to preserve the benefits of an open global market system and deal with social dissatisfaction and fear generated by technological change.

After hearing from Professor Rajan, we will hear the thoughts and reactions of a panel of respondents including Anna Turley MP (Redcar) and Professor Jonathan Portes (Kings College London) in a discussion chaired by Ian Mulheirn (Tony Blair Institute for Global Change).

0900: Welcome coffee reception
0930: Seminar begins with a talk by Prof Rajan
0955: Panelist responses
1030: Q&A with the audience
1100: End of event

Please join us at 9am at the British Academy for a morning of lively debate as we consider whether a new communitarianism can be the effective answer to our present challenges.

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