Dr. Gill Caradoc-Davies, "Urgent need to alter NZ's wealth"

[Craig Axford]

SUMMARY: Retired psychiatrist Dr. Gill Caradoc-Davies argues the term “child poverty” is misplaced.  Children are by their nature “embedded” in their families, and to address child poverty it will be necessary for countries like New Zealand to address poverty in its entirety.  To accomplish that, the author argues, a universal basic income is the best approach.

Dr. Gill Caradoc-Davies, “Urgent need to alter NZ’s wealth”, Otago Daily Times, March 28, 2014

WELLINGTON, New Zealand: Reducing Inequality through Universal Basic Income

SPEAKER: Perce Harpham
DATE: Friday, 31 January
VENUE: Rutherford House, Lecture Theatre 3, Institute for Governance and Policy Studies, Victoria University of Wellington
TIME: 12:30pm – 1:30pm

ORGANIZER’S SUMMARY: Universal Basic Income (UBI) is an idea whose time may have come.  Although the idea of a UBI was first mooted around 1800, the financing of it appears always to have been considered separately.  In this IGPS seminar, Perce Harpham will discuss the beginning of a solution by considering both a Universal Basic Income and an Asset Tax to finance it. By choice of appropriate levels of the variables Perce will argue that  both tax and benefit systems  can be simplified and inequality reduced.  In so doing, he will draw on recent examples of innovation in this field: most notably the forthcoming vote in Switzerland, and the advocacy campaign by a Conservative Canadian Senator.

Perce Harpham

Perce Harpham

ABOUT THE SPEAKER: Perce Harpham was born in Tauranga Perce graduated as a Chemical Engineer from Canterbury University and worked for Dulux paints for 14 years. Being seconded to ICI in England in 1957 and then to the head office in Australia before returning to New Zealand (NZ) and progressing through Production Manager to being in charge of setting up and managing Dulux’s computer, the fourth in NZ. When Britain joined the Common Market he set up the first software company in NZ. It prospered, for 21 years with offices throughout NZ and Australia as well as Chicago, Los Angeles and Beijing. Perce has a long history of proposing solutions to NZ’s problems with slight success. He stood for the Green Party in Hutt South in 2002 but has since joined the Labour Party.

For more information go to: https://igps.victoria.ac.nz/events/Upcoming%20events/index.html#31jan

Manning, Lowell, “How to introduce a guaranteed minimum income in New Zealand”

Summary, this paper offers a practical plan to resolve the world’s problem of exponential debt growth and to control inflation. The plans are based on a revision of the well-known Fisher Equation of exchange enabling it to take account of interest-bearing debt. They are designed to ensure that no low or middle  income group in the community is worse off than it is now. The plan involves introducing a guaranteed minimum income (GMI) for each person in the country to replace the existing welfare system. The GMI can be funded on an income-positive basis by phasing out existing welfare transfer payments, by realigning existing tax thresholds and by introducing a wealth tax of 1% of all net assets.  This paper shows that a fair result is produced using a flat tax of 41.5% on all earned income.”
In English, with French translation available.

Manning, Lowell, “How to introduce a guaranteed minimum income in New Zealand,” Integrated development.org. August 8, 2012
https://www.integrateddevelopment.org/lowellgmi.htm

Manning, Lowell “The Manning plan for permanent debt reduction in the national economy”

Summary, “A low risk politically acceptable and practical way to resolve the world debt crisis without sudden or radical change to the world’s financial system is presented. It is worked out for conditions in New Zealand. Applicable to any economy, it includes the introduction of Universal Basic Income (UBI), Debt Jubilee Income (DJI), and “Quantitative Easing” and takes non-debtors’ interests equitably into account. Three administrative institutions are introduced: A national debt management authority (NDMA), A national public development fund (NPDF), A national public investment trust account (NPITA). The UBI and the DJI are structured to avoid inflation by matching incomes with the physical and human resources available to the economy.”
In English, with French translation available.

Manning, Lowell, “The Manning plan for permanent debt reduction in the national economy,” Integrated development.org. September 11, 2012
https://www.integrateddevelopment.org/manningplan20120913.htm