"The economic crises that have punctuated the 21st century, most notably
the global financial crisis and the COVID-19 crisis, have led to a
growing realisation that alternatives to our present system are possible
and perhaps inevitable.
In particular, there has been an erosion of the belief that the economy
is able to provide a decent income to everyone who wants to work.
A number of proposals have been put forward in the wake of this
realisation, among them
* universal basic income, which would unconditionally provide every
resident (children and adults) with a regular subsistence wage
* a job guarantee in which the government would provide real jobs, at
the minimum wage, to all unemployed Australians
Many seem utopian, which isn’t necessarily a bad thing – it’s good to
look beyond the day-to-day to consider how things could be done differently.
In a new Australian National University Policy Brief we propose
something practical, which we are calling a Liveable Income Guarantee
A timid compromise, but infinitely preferable to the status quo.
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics