Basic income, Democratising money & Social Security

Putney Debate - 2014 - #2 - 08: Questions & Comments - Various housing (full ownership/renting/buying) in relations to sequencing and basic income + more questions

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Barb Jacobson (Basic Income UK), Duncan McCann (NEF) and Ben Baumberg (Kent University)

Barb Jacobsen

Coordinator of the European Citizens’ Initiative in the UK. And author of Basic Income UK a group promoting an unconditional basic income as a progressive policy towards an emancipatory welfare state for the UK and beyond.

“Unconditional basic income, a regular payment to each individual without work or other requirements, is an old idea which has come back into prominence this past year. Not just about technological unemployment, it affirms everyone’s right to exist, to participate in society and to do work the market doesn’t pay for.”

Duncan McCann

Duncan works as a researcher at NEF working on issues of monetary reform, complementary currencies and financial system innovation.

“Money should be created as a public utility with all the benefits of that process accruing to the people rather than commercial banks who currently create about 97% of the money that we use in the economy. Returning money to a public utility would have a number of benefits including reducing asset price bubbles, improve economic stability, reduce overall debt, reduce pressures on constant economic growth and eliminate banks runs and bank subsidies.”

Ben Baumberg: “Social Security: towards a ‘real utopia’”

Senior Lecturer in Sociology and Social Policy at the University of Kent.Ben also helped set up the collaborative research blog Inequalities, where he regularly write articles and short blog posts. he has a wide range of research interests, currently focusing on disability, the workplace, inequality, deservingness and the future of the benefits system, and the relationship between evidence and policy.

University of London, Institute of Education, University of London, 20 Bedford Way, London WC1H 0AL, UK