If a universal basic income is used primarily to service debt and secure new loans, it cannot fulfill its promise as a revolutionary pathway to freedom from the whip of the market. On the contrary, such a financialized UBI would simply leave citizens more indebted and dependent on rentier capital.
Lena Lavinas, Professor of Welfare Economics at the Institute of Economics at the Federal University of Rio de Janeiro, is the author of The Takeover of Social Policy by Financialization: The Brazilian Paradox.
The consumer world is being overhauled, from how we access products, services, content and education to how we build relationships, both with each other and with the world around us, how we engage with the devices that power our every day, how we live in our homes, and how we discover.
Robb Henzi – Vice President NY, sparks & honey, Omnicom Group
Oliver Wright – Managing Director, Strategy, Consumer Goods and Services, Accenture
Short-termism is the excessive focus of decision-makers on short-term goals at the expense of longer-term objectives. Short-termism often has negative consequences: recent research confirms that corporate executives would delay or sacrifice projects creating durable value in order not to miss short-term earnings targets. Immediate gains provide a strong incentive to executives to postpone or cancel long-term capital expenditure.
Philippe Roger Donnet – Chief Executive, Generali
A new era in Indian foreign policy?
Author: Sumit Ganguly, University of Heidelberg