The income distribution system constructed in the 20th century has broken down, and it will not come back.
The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political.
Collective action remains the best way of renewing the march towards the great trinity of liberty, equality, and solidarity.
Retraining for the precariat is stressful and demoralising; often, they learn new tricks only to find them obsolescent or unwanted.
The evidence shows if you give people security, they become better people. They develop their talents. They become better citizens.
Means-tested benefits have one incredible feature in that they impose huge poverty traps.
I don't see basic income as a panacea, but we must have a new income distribution system. The old one has broken down irretrievably.
In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen.
Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare.
The Magna Carta was the first class-based charter, enforced on the monarchy by the rising class.
The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political.
In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen.
I don't see basic income as a panacea, but we must have a new income distribution system. The old one has broken down irretrievably.
Means-tested benefits have one incredible feature in that they impose huge poverty traps.
The evidence shows if you give people security, they become better people. They develop their talents. They become better citizens.
The income distribution system constructed in the 20th century has broken down, and it will not come back.
Think how modern economics presents work. Only labour that contributes to growth counts.