As you read British commentator Paul Mason’s prescription for a post-crash economy, you may find yourself thinking that it’s intriguing but idealistic and completely unrealistic. His goal is worthwhile: to create a system that would avoid the volatility that rocked global markets in the financial collapse of 2008. Mason promotes ideas that will be familiar to those vested in left-of-center economic thinking: a universal basic income, the return of privatized monopolies to the public sector and the breakup of big banks. getAbstract recommends his provocative take on these issues.
About the Author
Journalist Paul Mason, the former economics editor at Channel 4 News, also wrote Meltdown: The End of the Age of Greed and Why It’s Kicking Off Everywhere: The New Global Revolutions.