Whenever world class education systems are highlighted, Singapore is always vaunted as a leading light internationally. Their system reliably produces students with good discipline, a ferocious work ethic and good grades. But what if these measurements have been useful but one dimensional? Especially now the world and the workplace have changed? What if the glorification of the academic individual only goes so far and actually service to your community or nation is more useful?
Universal Basic Income (UBI) is one of those ideas that has divided public opinion into two opposing camps: Those who think it would result in disaster, as humans cannot be trusted. The other camp feels that a UBI would be liberating, allowing people to concentrate on the important things in life, not just earning a living. Rutger Bregman is a writer, widely acclaimed for his book, Utopia for Realists. In it, he champions Universal Basic Income and a 15 hour work week. So, we went to the Netherlands to ask him if the time for these ideas has arrived.
If positive social and political change worked top down, we wouldn’t have to make this programme. Sadly, it doesn’t. So at a time when the political class is out of ideas and the corporate class is out of excuses for its behaviour, the job of finding new perspectives and insights and ideas falls to the independent media. As a busy year draws to a close we look back at those people who have inspired and enlightened us in 2017. This is the first of two shows that are a whistle-stop tour around the thinkers, writers, doers and Renegade types we met over the last 12 months.
There is no other way to describe economics in 2017 than wilful blindness, writes economist Professor Steven Keen. Nobel Laureates who claimed financial crises were now impossible also claimed the 2008 Global Financial Crisis could not have been predicted. This is all, of course, nonsense. The evidence was there all along. Those with the power to change the course of history simply chose to ignore it.
Treating federal budgets like that of a household has starved economies of precious resources and has facilitated unprecedented levels of private and household debt. Editor-in-chief Claire Connelly explores the consequence of this logical fallacy in an excerpt of her upcoming book, How The World Really Doesn’t Work.