The 'New Normal' - Post COVID 19
First we were hunters and gatherers, then humans developed a more settled Agricultural Age, followed by an Industrial Age marked by mass production – now, it seems, we are moving into an Information Age (based on the disruptive power of modern information technology) or even a Creative Age - a Second Renaissance.
|Franklin Delano Roosevelt|
|Reagan and Thatcher|
- State assets were sold off, often at low prices, to private enterprise to be made more efficient and profitable.
- The power of unions limited and the idea of personal contracted workers introduced.
- The cult of privatization was introduced and loosening up on regulations
- And the ‘big sell’, wealth created by privatization would ‘trickle down ‘and benefit all.
- All of this was based on a disdain for the public sector and a reduced role for the state
As yet the Labour Coalition Government has not made a dramatic shift from neo liberal politics, no doubt because to voting public still support the previous conservative government. Up until now there has been no real anger about the inequality – it has become ‘normal’.
t To build on the ‘well-being’ philosophy underpinning the Coalition Government and to move away from a narrow misleading emphasis on GDP. A focus on GDP emphasizes the idea of infinite growth serving, first and foremost, the richest 1% and says little about non material well-being such as mental health and capturing the fullness of human flourishing.
Income. Not only would this simplify the plethora of welfare benefits but it would remove any stigma that people currently feel as well as providing a much needed sense of security. There are numerous article outlining benefits and problematic issues to be taken into consideration. I believe a UBI would encourage innovative creative activities for many creative individuals. An extra payment could be given to people working as teacher aides or similar worthwhile occupation such as working in rest homes or working with adults with special needs
Consider the circular regenerative economy outlined by economist Kate Raworth in her book The Doughnut Economy. The book sets out the minimum we need to lead a good life and sustain the environment. It highlights boundaries across which human kind should not go in contrast to current greed based economics.