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.