The Future of Work Income and Labour


The Future of Income, work and labour

Edited by Miriam Kennet

ISBN 9781907543531


The Future of Income, Work and Labour

The Future of Income, work and labour

Edited by Miriam Kennet

ISBN 9781907543531

In the new Post Trump- Post Brexit world, the battleground has shifted to arguments about equality, open markets, globalisation and protectionism and many blaming the rise of reggressive policies on the dwindling feeling of agency of young and old, working class and middle class in the twin face of the onslought of technological exclusion from capital and power, the increasing oligarchies of property ownership and access to power and wealth creation. No longer do people expect social mobility, No longer do they expect to be more well off than their parents. No longer do young people feel any hope or engagement, no longer do they trust public figures anywhere to not be corrupt.

They see ostentatious riches being rewarded, hugely conspicuous consumption being applauded in the media and they know that many aspects of today’s over consumption are harming everyone and yet public figures and the wealthy flount their wealth in ever more thoughtless ways.

An increasing gap in Productivity is arising as workers are no longer able to aspire to secure jobs- and employment. Today zero hours contracts are common throughout the world. Workers have no security, many self employed people live below the poverty line, increasingly those who dont make it are found sleeping rough on the streets of some of the wealthiest countries in the world. The inequality is so extreme as to threaten the establishments and to frighten even the head of the IMF who said that the richest people in the world could fit onto one double decker bus. Huge bonuses in the city and large corporations allow bosses to take home millions even from failing companies and large corporates evade taxes that the rest of us have to pay.

People are feeling the there is neo feudal race to the bottom with privatisation of every conceivable commons asset- water, power, energy, land health services, almost everything even the genetic code of whole nations sold off to the highest bidder, seeds, food everything. This one off knock down sale of national assets, means that these protective items, the stuff of life and now the property of rich unaccountable magnates or even foreign states who do not have the interests of the users of the services at heart or even consider them.

Workers are struggling to find the means of survival and lack the means to plan for their future. Work is no longer the means to getting on or security. The relationship between banking, investment and property and large corporations is now very cosy.

This book attempts to explore some of the solutions being talked about and the issues surrounding work and labour today. The idea of a Basic Income to support people between jobs is becoming more accepted to keep the population fed and clothed. Many of todays innovations such as software development for example were developed during downturns where people could experiment without going bankrupt. By not removing all dignity from people without jobs, more people are kept skilled and useful with a sense of belong and value and then are much more likely to contribute to society at all periods of their lives.

With increasing technological advance, and globalisation it is likely that fewer people will have jobs and fewer people will be part of the formal economy. The rise of the gig economy where a small number of people connected to high up individuals such as Ministers and politicians in society control many thousands of others but dont allow them the dignity of employment or security. The tax offices no longer bother to go after large corporates but seem to only chase smaller contraventions. The President of the United States even got elected on a boast of tax evasions. Admired businessmen such as Richard Branson happily spend their time abroad to evade more tax and cavort with royalty and Presidents. All this upsets workers as they increasingly regard this as unfair and it makes them feel increasingly powerless and angry.

This book explores some of the newer issues today in novel ways and starts the discussion about the work, labour, income balance of the future and how the structure of the economy has changed around the world which needs to be considered in understanding the context of global economics change and global labour, income and work futures.

The Green Economics Institute has been working to create and establish a discipline or school of Economics called “Green Economics,” which aims to change cultural norms and seeks to reform mainstream economics itself into a well-defined goals-based discipline which provides practical answers to existing and future problems by incorporating all relevant aspects, knowledge and complex interactions into a truly holistic understanding of the relevant issues. In order to do this, a Green culture is emerging into the changed narrative space. This is a diverse, interdisciplinary culture spreading very fast around the globe and supporting the Green movement as it becomes mainstream. The Green Economics Institute seeks to document this diverse range of transitions as it emerges, from the voices involved in conceptualising it in the first place and then implementing it. The book also looks at challenges to the development of this new culture and also the history and context of green ideas and the movements around them.

Growth and the artificially engineered High Mass Consumption which accompanies it over the last 40 years have created an over exhaustion of the planets resources and an unhealthy, unsustainable and unequal society in which 99% of people are economically disempowered. The world’s economy instead of concentrating on well being for every body has turned into a machine to please approximately 1% of the global population and who continue to cream off the best for themselves. This creates tension and geo political instability.

The rate of overconsumption has led to an epidemic of obesity and also resources plundered and air pollution completely out of control, so bad as to be slowing down growth. The over consumption has been funded with more and more debt which is now so bad that in the UK the Bank of England dare not put up interest rates as most people are so heavily in debt they would simply not be able to cope.

The Green Economics Institute exists to educate the public about the very real choices available to them and how they can indeed choose to do things differently. It uses complexity, holism, pluralism and interdisciplinary working in order to widen the scope of economics, adding the science from the green aspects, and the social ideas from economics discourses. This new scope for the first time avoids partial explanations or solutions and also biased and partial perspectives of power elites.

The spread of Green Economics is accelerating and hence The Green Economics Institute is pleased to bring these ideas to a broader group of readers, students, policy makers, academics and campaigners in this ground breaking volume and to begin to offer its Green Economics Solutions to help rebalance the economy and change consumerist artificial and damaging growth into growth in nature and growth in abundance and well being of people, all species, nature and the planet.



About The Contributors

About The Green Economics Institute

The future of decent work.

By Dr Enrico Tezza, Italy

The Tragedy of the Commons or why we are not being careful enough

Clive Lord

Basic Income

By Dr Paul O Brien

Toxic Waste. A case study: Triangle of Death in Campania, Italy

By Dr Gabriella Marfe, (Italy)

General Practice in the UK – is it about prevention?

By Dr Diana Warner, UK

Emotional Responses Emotional Sustainability: A Cross-Disciplinary Concept for Socio-Ecological Transition

By Dr Enrico Tezza, (Italy)

Sustainable Economics.

By Henry Cox, UK

Socio Ecological Reform Social-Ecological Transformation and Green Economics: New Perspectives for Solutions to the Most Pressing Problems of Today

By Miriam Kennet, UK

Economics of the Anthropocene

By Sir Crispin Tickell

Shadow Markets and Sovereign Wealth Funds By Miriam Kennet

Deregulation and Governability: Reshaping banking for sustainability

By Professor Maria Madi (Brazil)

Urban Development Backed By Clean Development Mechanism: Evolving a Green Financial Strategy for Indian Cities

by Dr Ehtisham Abbasi (India and Saudi Arabia)

Labour Centred Development and Economic Democracy: Insights from an Indian Cooperative’s Case Study

By C.R.Yadu and Aabid Firdausi M.S.(India)

Green Backlash Strategies

By Miriam Kennet

The importance of organic farming and valuation of its environmental benefit: From the case study of the Green Revolution in Indian Punjab

By Koryo Suzuki, (Japan)

Reducing Energy Poverty and Infrastructural Development: The Role of Peace, Justice and Strong Institutions

By Dr Ude Demain, (Nigeria)

 The Ethics Psychiatrists striking for future benefits:An economics methodology discussion

Dr Katherine Kennet and Dr Toby Greenall

The Green Economics Institute Publishing House

Books in Print