Thursday 28 December 2017

On Moral Grounds

My support for the Universal Basic Income is set within the continuing struggle for full employment with the Living Wage, best delivered by the Jobs Guarantee that is integral to Modern Monetary Theory.

I take much of Nick Boles's point about the social, cultural and political importance of work, which raises the question of why he reveres the memory of the Prime Minister who destroyed so much of that economic, social, cultural and political order.

He is also right about the importance of technical education, although a similar question arises. And he will presumably be wanting to ban inheritance, and large monetary gifts? No, nor would I, outright. That, however, is the logic of his position.

I remember when both parties were agreed that, in principle and as an eventual aim, inheritance ought to be tax-free. It was not even that long ago. How the world turns.

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