Author Archives: Dave Clegg

Europe’s New Social Reality: the Case Against Universal Basic Income

The 2017 publication Europe’s New Social Reality: the Case Against Universal Basic Income by Sage and Diamond – which can be downloaded from Policy Network online – cites an earlier 2015 Policy Network report which was most concerned about a “growing social, economic and political divergence” developing between the EU nations.  In particular, the 2015 report suggested that slow economic

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CANADA: Food Bank Canada recommends creating a national basic income to curb the “unacceptably high” reliance on food banks

A CBC news report offers a clarion call regarding the increasing demand being placed upon Canadian food banks who are attempting to address the hunger and nutritional needs of Canada’s most vulnerable citizens.  Surely there is no better reason for a BI than the need for food banks in one of the richest nations on the planet? Food Banks Canada,

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Fred Block and Frances Fox Piven, “A Basic Income Would Upend America’s Work Ethic—and That’s a Good Thing

  UC sociology professor Fred Block, and CUNY political science professor Francis Fox Piven, author of Challenging Authority, are scathing in their indictment of “…archaic economic ideas…” in the online opinion journal article on The Nation.  Yet they also insist that a Basic Income – an idea as old as the Capitalistic system that dominates the world today – is

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Yanis Varoufakis, “The Universal Right to Capital Income” (Oct 31) Project Syndicate

    In the Online Project Syndicate economist, academic and former Greek finance Minister,  Yanis Varoufakis, succinctly analyses the pros and cons of a Basic Income and cuts right to the heart of the issue, how to fund it!   Taxation is too controversial and the amounts involved are staggering.  However Varoufakis suggests a fresh, creative solution. Every stock market Initial

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The left needs fresh ideas and a new language if it’s to win again

Rutger Bregman spares so-called liberals and progressives no punches in the online Guardian 8/19/16. Bregman castigates the Left for its pathetic failure in not seizing the moment after the 2008 U.S. “financial crisis… borne of blind faith in market wisdom and an utter lack of public oversight”. Bregman acknowledges that the Left has a long history of championing for the

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Money for Nothing – it Sounds Like a Utopia

The London-based Apolitical website’s article on basic income (BI) opens with “Money for nothing – it sounds like a utopia” and then looks at some examples of BI concepts that have already been applied around the world. This phrase, “money for nothing” represents a commonly held bias that, when there is no commodity returned for the money, whether that commodity

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SUMMARY: Guy Standing, “The Corruption of Capitalism: Why rentiers thrive and work does not pay”

Guy Standing has published a new book that became available on July 14, 2016, published by BiteBack.  The book notes that the implications of the Age of Rentier Capitalism go beyond the economic sphere as the plutocracy fund and influence political parties, while media ownership is concentrated in the hands of a few powerful individuals.The Corruption of Capitalism shows why, in the

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