Re: A universal basic income: the answer to poverty, insecurity, and health inequality?
The way to remove the problem of income inequality is to create new legal firms that have a statutory wage differential between the highest and lowest paid employees of the firm and to deign the contract law and taxation systems to create causal loops that make it in economic self interest for stakeholders to invest in such a system.
Regarding the points about a Universal Basic Income and birth control. Everyone has a parent or is a parent; therefore a Parenting Skills Allowance could be paid to either one of the parents (or grandparents) that passes an NVQ or Childminder qualification that is paid to the person who has "care and control" of the child or children. I suggest thhat the allowance be set at 100 hour at the NMW rate.. Whether a parent has 1 child or 20 children, the amount would remain the same. Birth control would be the responsibility of the parents.
However, people are enmeshed in a complex network of benefits, jobs, zero hour contracts so these changes would necessarily involve changes to the whole political and economic system for this to work.
Competing interests: No competing interests