lovely lecture explores some of the important questions that are asked when
confronted with Universal Basic Income: non-means tested benefit to all
individuals with no pre-conditions including no requirement to work.
status – not families?
money to the rich, they don’t need it?
this not damage the economy – does this not reward anti-social behaviour?
questions are answered and also the idea that true freedom is not only to
support human rights but also to grant individual power to live as one should
be able to in a truly free society.
Universal Basic Income prospect is a most worthy consideration of what to do
with surplus revenues generated from LVT. In the video and in large
elements of the UBI movement, the answer of how to achieve this Basic Income is
argued as a VAT system – This is not a solution the LVT movement can agree
with. This is because VAT harms the flow of economy. LVT on the other
hand is a great way of encouraging economic activity, supporting a healthy and
sustainable economy, creating a surplus instead of a deficit, stopping the
creation of further UK debt and generating the revenues to be able to support a
supporters of Land Value Tax believe that it would not in itself be able to
raise sufficient revenues to create a surplus for government, which would in
turn, as well as funding government expenditure and paying off government debt,
be able to support a Basic Income. The figures their research has
generated considers our current economy and this view, whilst useful is limited
as there is
be consideration, modelling or accounting for what would happen to land value
and to the economy as a result of Land Value Tax.
are able to achieve true Tax
Shift; shifting the tax base
away from taxes that damage our economy and towards a tax that encourages
healthy and sustainable economy we would find that more wealth would be
captured in land value, which in turn would generate the desired level of
surplus to fund, not only our own government expenditure, but also that surplus
which could finally begin to pay back debt and support Basic Income.
of Basic Income is a beautiful one that I am compelled to agree with and
believe in. As explained above, many individuals in the Basic Income
movement see VAT as the solution to raise the necessary funds. I
disagree. LVT for me is the only ethical way of generating revenues for
government expenditure. What I propose is a marriage between BI and
LVT. I am not alone in this thinking. The Coalition for Economic Justice first
introduced me to the ideas and consider it as a reasonable follow up to LVT.
element of these discussions always seems to be something along the lines of,
“but what a difference can I make” / “change of that magnitude will never
happen” “its an impossible dream”
believe that fundamental change, whilst hard, is possible. – Largely because of
my growing knowledge of history, abolishing slavery in the west, granting the
rights for women to vote, granting the rights for non landowners to vote,
- (interesting aside, when non landowners were granted the first right to vote
in 1918, landowners were given an extra vote – how awful is that for democracy?
Imagine women were allowed to vote but men had two votes…! IN 1948 when
women were granted the right to vote, also landowners had their extra vote
taken away from them. )
rights, rights for minorities, the world society is ever evolving, advances are
made and they are worthy, but we have more change to come. We have to
start with changing ourselves and questioning our own beliefs and how we want
to shape a world that is inspiring and free for all. Many don’t want a
free for all, and I believe and find a calling challenging this in others and
in challenging myself to find inspiration and motivation.
ask that people engage with their leaders, find out who might be best able to
represent them in the political sphere, if no one will, let them know and why,
meet your local MP and ask if they agree with your ideas, tell them you would
vote for them if they agreed with you. If we could all engage in
political process more, I believe we would have a far better democracy, an
engaged democracy that would stand for values that we have discussed together
and can collectively aim for.
world can change, and does daily, we can change and change is good, change is
thanks to Ricardo Salta and Warren Chamberlain from the LVT facebook group for
the links that inspired this blog and to Jacob Shwartz-Lucas for adding me to
the LVT Facebook group:
follow up of a wonderful but long film on UBI, check out this and the starting
notes from the film: