31
Oct
07

Linking the IK economy to responsibility

In recent years there has been substantial debate regarding the roles of rights and responsibilities in indigenous related policy.  It is said that the nominal left are firm in their standing on rights whilst the nominal right stand with the need for greater responsibility. 

In one part the debate promoting responsibilities concerns the furthering of economic responsibilities: greater home ownership, replacing communal land title with private (mainstream) rental arrangements and ownership, emphasising private investment, removing the perverse use of cash welfare payments.  I support this general direction, but only if the policy architecture across a whole range of areas is adequate. 

One of these areas is employment and active engagement with the labour market.  One area of concern is the structural detachment of the labour market and Indigenous labour supply.  The IK economy assists in addressing this structural deficiency. 

An important opportunity, though, is the possibility of linking the IK economy with greater economic responsibility.  That is, where Governments provide funds on the basis of valuing indigenous knowledge as a resource, it can have greater leverage in determining the flow-on of that income to economically responsible outcomes.  Such outcomes include home ownership, asset accumulation, education investment, business investment, et cetera. 

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