Someone once told me I am always captured by the last book I have read.
|Escaping the neo liberal box|
|Recommends Mason's book|
More radically it is leading us towards a post capitalist economy; a move as great as when the financial merchant families replaced the power of the feudal monarchs' ; a change that will redefine the nature of work itself as automation takes effect.
|Changing times in an earlier era|
|The 1 %|
There will be a need to create democratic control over aggregated information to prevent its misuse by states and corporations. Once information has been 'socialised' it will have the power to amplify the results of collective action by mapping problems and providing immediate assistance.
‘The state has to see itself as one of nurturing new economic forms to the point where they take off.’ Currently the state, under neo-liberalism, has been deregulated to allow marketization, corporatisation and privatisation in such areas as education and health. ‘The state has to reshape markets to favour sustainable, collaborative and socially just outcomes. ’Local energy systems could be incentivised and infrastructures developed to allow local innovation. The state has to ‘own’ the agenda for responses to the challenges of climate change, demographic aging, energy security and migration’.
|New minds required|
Public provision of water, energy, housing, transport, telecoms infrastructure and education would feel like a revolution as these have been privatised under ‘market forces’ for the benefit of a few.
|The neo-liberal position|
The purpose of a basic income is to formalize the separation of work and wages and to subsidize the transition to a shorter working week, or day, or life.
As the reproduction cost of labour shrinks dramatically the employment problems that have defined human history will shrink or disappear. ‘So instead of looking for an end state, it’s more important to ask how we might ... escape a dead end.’
Link to the corporate takeover of society - including education
Pope Francis - inequality and capitalism and Thomas Piketty
Lestor Thorow - challenges that lie ahead for capitalism