UCL Institute for Global Prosperity


Social Prosperity Network

1 January 2017

The Social Prosperity Network is a multidisciplinary group created to produce a framework for the delivery of social safety in a dynamic economy, operating within present environmental constraints.

Social Prosperity Network

Societies around the world are wrestling with the twin impacts of ageing and technological changes to the labour market. These challenges will provide a new pole for political and social organisations to formulate new economic policy. It will be nothing less than a new third way alternative to the tired and failing orthodoxies of capitalism and socialism.

The Social Prosperity Network will explore the proposal that labour costs and labour supply are affected by the provision of basic social safety services (Universal Basic Services, or UBS). Our new framework will provide the social capital people need to regain control and security in their lives, and place them on a path of prosperity through UBS.