The rise of the cashless city

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https://www.theguardian.com/cities/2...shfree-society

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Re: The rise of the cashless city

and why we are hearing so much about universal basic income...
The Scottish pioneer whose plan for a basic income could transform Britain

In the city where Adam Smith developed the free-market theories that inspired Thatcherism nearly 300 years later, a young Labour politician is pursuing an economic vision that takes a drastically different approach to “the wealth of nations”. Councillor Matt Kerr, an anti-poverty specialist on Glasgow city council, has been exploring how people become enslaved by poverty – and how they can escape it.

https://www.theguardian.com/politics...are-revolution

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Re: The rise of the cashless city

Universal basic income is becoming an urgent necessity

The 20th century income distribution system has broken down irretrievably. Globalisation, technological change and the move to flexible labour markets has channelled more and more income to rentiers – those owning financial, physical or so-called intellectual property – while real wages stagnate. The income of the precariat is falling and becoming more volatile. And chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits or workfare. In short, a basic income is becoming a political imperative.

https://www.theguardian.com/commenti...ome-finland-uk

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Re: The rise of the cashless city

precariat
people whose lives are difficult because they have little or no job security and few employment rights