I think we need a new vocabulary to distinguish between Universal Basic Income - as form of compulsory (for the tax payer) state-mandated welfare system and - and self-sustaining incentive-driven free-market, voluntary, private sector supported income network systems. I propose OBI: Open Basic Income for these bottom up systems, Open as in Open to all … Continue reading From UBI to OBI – Open Basic Income
"Bureaucracy is a a construction by which a person is conveniently separated from the consequences of his or her actions." What a poetic quote. Nassim Taleb is a polarising figure; yet there is no doubt that he is on top form in Skin In The Game. Less academic and mathematical heavy than some of his … Continue reading Skin in the Game
“Only a crisis — actual or perceived — produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around.” ~ Milton Friedman Right now, Modern Monetary Theory (aka Magic Money Theory, aka MMT aka a new branding for monetary stimulus) as popularised by Stephanie Kelton’s The … Continue reading The Deficit Myth (and the Free Lunch Fantasy) of MMT
"The winner takes it all" ~ ABBA The quote above really sums up the near-term effects of the combined COVID-19 and social crises on the 2020s ahead. I was recently asked to submit a chapter to Aftershocks and Opportunities, and I wrote on exactly that; how crises highlight and amplify the deep-seated cracks and devastating … Continue reading The Winner Takes it All
Postalgia is a term used by science fiction writer William Gibson to explain the future fatigue plaguing contemporary culture. Postalgia is a hankering after the present; as opposed to nostalgia, which is a hankering after the past. Postalgia is the sense that things right now are as good as they will ever get. It is … Continue reading Postalgia / Prostalgia – Is this as Good as it Gets?
Quentin Tarantino's Once Upon a Time in Hollywood - based, of course (loosely) on the infamous, real-life story of the Manson Family's murder of Sharon Tait and her friends story gives us a glimpse of the dark side of happy hippie culture - and how counter-culture-culture can turn into a cult. Recently, I was asked to co-author … Continue reading On cults, climate and culture
Reflections on the Revolution in France... a book written by a rich Englishman of leisure, critiquing the working-class French Revolution from the other side of the pond... Revealing, (although perhaps more revealing of Burke himself than the author may have intended) as much for what it gets wrong about the French revolution itself (Burke was … Continue reading Reflections on the Revolution in France
We are currently at a cross roads when it comes to the balance of power across the world. Advances in technology are combining with shifting socio-economic trends to form new ideologies, each pushing for a different versions of utopia. Here follows a set of broad-strokes possible macro socio-economic scenarios that could play out in the … Continue reading Society 2030: A Set of Socio-Economic Scenario Sketches