The Future of Work Commission report

The Future of Work Commission report has now been released. It contains 63 recommendations including the tentative implementation of a universal basic income and a that voluntary work for approved organisations allow beneficiaries to continue to receive a benefit.

Maybe Karl Marx was right after all

Barack Obama recently talked about the possible need for a universal basic income because of the disappearance of work. Is a UBI so different to collective ownership of wealth?

Trickledown has failed

Two recent articles in the Guardian highlight the staggering amount of money being sent to overseas tax havens by the wealthy and how with the disappearance of work a universal basic income will become a necessity.

Gareth Morgan’s Big Kahuna

Gareth Morgan and Susan Guthrie’s piece in the Herald brilliantly elucidates the crisis of capitalism and the inadequacy of an economic system that only recognises value in work that produces market goods and services. Their book, The Big Kahuna, on their alternative tax system has just been published and I found these videos of Morgan explaining.

Universal Income Revisited

The tax system we currently have is a relic of the pre-IT age. In the days of manual clerk-handled accounts, it was impractical […]