Many voters in both Scotland and Wales seek to gain independence from the same Union. Progressive ideals underpin both independence movements, and both are social movements. But the similarities don't end there. Our economic position on day one of independence will be very similar.
In both nations, there is a history of colonial conquest and resource extraction.
By becoming independent, both movements aim to create a more prosperous, fair, and just society.
Both nations are in desperate need of significant public expenditure, especially in transportation, telecommunications, housing stock, and infrastructure to support electrification.
Both nations can be empowered by insights from Modern Monetary Theory (MMT) to become monetary independent governments, issuing their own currency on the day of independence.
After independence, both governments have the potential to manage and regulate their own financial services sectors, which can be designed for public rather than profit purposes.
And they face the same challenges. Including maintaining a strong relationship with their largest trading partner, England, withstanding price swings in international commodity markets, and building energy, food, and technological independence.
On this episode, Kairin and I were joined by Mark Hooper, a Plaid Cymru councillor from Barry and a candidate for the 2026 Welsh Senedd.
Link to the report mentioned in the interview.
https://www.stuc.org.uk/news/news/offshore-and-onshore-wind-creates-one-job-in-a-million-according-to-new-analysis1/
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