Universal basic income (UBI): a more cheering perspective
West Midlands New Economics » Monetary reform
by admin
3y ago
Amazon has revealed its latest plan to automate American workers out of existence with its futuristic machine controlled grocery store. According to a study by Ball State University’s Center for Business and Economic Research, the use of robots and other manufacturing efficiencies was responsible for 88% of the 7 million factory jobs lost in the United States since peak employment in 1979. The Economic Security Project (ESP) – a coalition of over 100 technologists, investors, and activists – has announced that it is committing $10 million over the next two years to explore how a “univers ..read more
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Reform of the monetary system
West Midlands New Economics » Monetary reform
by admin
3y ago
The subject of reform of the monetary system has been raised and discussed from time to time over the years at WMNEG meetings. Just as the subject of basic income has come to the fore, there is growing interest in working for beneficial change in several countries. A summary of an article on another site follows. The consulting group KPMG has published a new report commissioned the prime minister of Iceland. The report outlines the main benefits of a sovereign money system and relates on the various political developments that have been made possible by IMMR members. The l ..read more
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