Reviving the postwar spirit of egalitarianism is an economic and social imperative.
A basic-income floor should be part of a recovery programme
With the UK’s social safety net full of holes, support has grown for a basic income to underpin a mean and means-tested benefits system.
Labour Should Be Campaigning For A Citizens’ Wealth Fund Instead Of A Worker-Ownership Plan
Perhaps one of the most ambitious – and controversial proposals – floated at Labour’s conference was the plan to give workers a small ownership stake in the companies they work for. The proposal – which would entitle workers to a dividend payment up to a maximum payment of some £500 a year – has, perhaps unsurprisingly, been […]
Citizens’ Wealth Fund To Tackle Inequality
Recently, Liberal-Democrat leader Vince Cable joined the long list of politicians who have warned of the dangers of excessive inequality. But strong as the speech was on the problem, it was much weaker on solutions. If we are serious about creating a less unequal society, we need a much more focussed strategy on wealth. The […]
Create Social Wealth Funds! It’s Time To Halt The Great Public Asset Boot Sale
Britain’s public assets are now the subject of a giant boot sale. The great rolling privatisation juggernaut not only includes the £4bn Green Investment Bank, and the bailed-out Lloyds Bank but is now eyeing up assets like Channel 4 and the Met Office. The government hopes that together they will deliver £32bn in revenue this […]
Why Tackling Inequality Is An Economic Imperative
It has long been recognised that extreme inequality has many serious social consequences, as well as causing economic fragility and weakness – now the time has surely come to act. There’s a lot of talk about inequality. From Pope Francis to the Bank of England’s Mark Carney, a rising number of global figures have declared […]