Basic Income is the future. But if you disagree, please come up with a better idea. How else do you suggest we stimulate demand in a world that every year needs fewer and fewer workers?
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Basic income may well prove to be the best tool to preserve our capitalist system. But first, progressive politicians need to educate the public that austerity is the problem, not the solution.
We generally think of consumption as indulgent and investment as serious and sober but perhaps in our demand starved world, this is an outdated prejudice.
The current economy needs consumers more than it needs workers, argues Tom Streithorst.
Creative destruction is a key feature of capitalism, and it may eventually create jobs, but it could take a while. So what should we do while we wait?
Our assumption of where power really lies in the global economy may well be out of date.
The Reagan Thatcher political economy paradigm, created thirty years ago, has reached its sell-by-date. But what is to be done?
Easy money and ultra low interest rates haven't brought the economy back up to speed. Inflation might be the only solution.
For the first time in history, people have the real prospect of no longer having to work long hours in boring, repetitive and physically debilitating jobs to meet basic needs. We will have more time to spend interacting with each other, caring for each other.
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