A brief summary1

2018 ◽  
pp. 193-194
Author(s):  
Malcolm Torry
Keyword(s):  
Social Cohesion ◽  
Basic Income ◽  
Net Income ◽  
Community Activity ◽  
Individual Basis ◽  
Perverse Incentives ◽  
The Uk

This chapter summarises the main arguments for a Citizen's Basic Income. It first defines Citizen's Basic Income (sometimes called a Basic Income or a Citizen's Income) as an unconditional, automatic and nonwithdrawable regular income for each individual who is a legal resident of the UK, explaining in particular why it is unconditional, automatic and nonwithdrawable. It also gives emphasis on the fact that Citizen's Basic Incomes would be paid on an individual basis, rather than on the basis of a couple or household. Finally, it enumerates the benefits that a Citizen's Basic Income would bring, such as: promote social cohesion, reduce perverse incentives that discourage work and savings, and encourage caring and community activity. A graph shows what a Citizen's Basic Income looks like with respect to net income after tax and benefits and pre-tax income from all sources.

Identity

2018 ◽  
Author(s):  
Zanib Rasool
Keyword(s):  
Young People ◽  
Young Women ◽  
Social Cohesion ◽  
National Narrative ◽  
Ethnic Communities ◽  
Writing Group ◽  
Sociocultural Practices ◽  
Parallel Lives ◽  
The Uk ◽  
Minority Ethnic

This chapter focuses on the identities of British Muslim young women from a writing group, and shares some of the themes that emerged during these writing sessions. Three specific themes related to identity came out of the girls' writing group: place and globalisation; religion; and language. In the UK, there is an increased focus on social cohesion and integration. Young people from minority ethnic communities experience a great deal of pressure in order to fit in with the national narrative of ‘Britishness’, and often feel that they should conform outwardly in their dress and physical appearance, and adopt British sociocultural practices. Those individuals who maintain their faith, language, and cultural identity are seen as segregating themselves and living parallel lives.

Introduction

2019 ◽  
pp. 3-28
Author(s):  
Peter Sloman
Keyword(s):  
Political Agenda ◽  
British Politics ◽  
Basic Income ◽  
Minimum Income ◽  
Poverty And Inequality ◽  
Working Age ◽  
History Of ◽  
The 2008 Financial Crisis ◽  
The Uk ◽  
Negative Income Tax

The 2008 financial crisis and the era of austerity that followed have pushed poverty and inequality to the top of the political agenda for the first time in a generation. One of the most striking responses has been the surge of interest in a Universal Basic Income—an idea which has circulated in British politics since at least the First World War, and has intersected with proposals for more selective and conditional forms of minimum income. This introduction examines the history of guaranteed income in modern Britain from two perspectives: an ideational story about the circulation and development of basic income, Negative Income Tax, and tax credit schemes, and a public policy story about the growth of cash transfers since the 1970s. It argues that the UK has become a ‘transfer state’ in which working-age benefits play a central role in legitimating a particular form of post-industrial liberal capitalism.

scholarly journals Relationships between young adults’ housing tenure, elements of perceived job security and social capital in Britain

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Oluwadamilola Aguda ◽  
Obas John Ebohon
Keyword(s):  
Social Capital ◽  
Young Adults ◽  
Urban Renewal ◽  
Social Cohesion ◽  
Job Security ◽  
Housing Tenure ◽  
Sustainable Communities ◽  
Economic Policies ◽  
Content Type ◽  
The Uk

Purpose Against the backdrop of the changing trends in tenure in the UK housing system, young adults are faced with different situations that continue to shape their housing consumption and decisions. The purpose of this paper is to investigate the relationships amongst young adults’ housing tenure, social capital and elements of perceived job security in Britain. Socio-psychological dimension of housing tenure decisions has been receiving attention by housing market analysts and practitioners seeking deeper understandings of the UK housing market dynamics, particularly in the wake of changing tastes and preferences of young people concerning housing decisions across major cities of the world. Design/methodology/approach A quantitative approach has been applied to the harmonised version of the British Household Panel Survey (BHPS) from 2001 to 2015. Findings The authors discovered that British young adults’ homeownership decisions are increasingly influenced by social capital and elements of perceived job insecurity, depending on their tenure of origin. Furthermore, this study will significantly enhance the understanding of tenure shifts amongst young adults in the UK and provide property developers, local authorities and central governments the knowledge and information to guide economic policies, urban renewal towards achieving better social cohesion and sustainable communities. Originality/value Very little has been done to investigate the contributions of social capital formation, for example, neighbourhood or social integration and social relations and elements of perceived job security on housing tenure transitions among British young adults. This study will further provide property developers, local authorities and central governments the knowledge and information to guide economic policies, urban renewal towards achieving better social cohesion and sustainable communities.

scholarly journals THE CONCEPT OF BASIC INCOME IN THE BRITISH POLITIAL CONTEXT

2021 ◽  
Vol 24 (6) ◽  
pp. 96-103
Author(s):  
Yuri Kvashnin ◽  
Keyword(s):  
Income Inequality ◽  
Social Security ◽  
Current Debate ◽  
Basic Income ◽  
Medium Term ◽  
Political Factors ◽  
Social Transformations ◽  
Technological Unemployment ◽  
The Uk ◽  
Number Of Parties

The article explores the current debate on basic income in the UK. The growing interest in this concept, which implies the introduction of unconditional and equal for all regular cash payments, is caused by problems common to Western European countries, i.e. an increase in income inequality, the risk of technological unemployment, as well as the need to take urgent measures to support the population at times of pandemic. In the British context, however, ideological and political factors play a significant role, such as a rich intellectual tradition of developing universal approaches to social security and the desire of a number of parties, both national and regional, to use this increasingly popular concept for their own political purposes. It is concluded that in the medium term, the UK's transition to basic income is unlikely, but the very discussion on its introduction can serve as a catalyst for serious social transformations.

scholarly journals Choosing to be homeless? Persistent rough sleeping and the perverse incentives of social policy in England

2020 ◽  
Vol 23 (3/4) ◽  
pp. 135-147
Author(s):  
Graham Bowpitt
Keyword(s):  
Service Providers ◽  
Secondary Analysis ◽  
Primary Data ◽  
Personal Factors ◽  
Content Type ◽  
Complex Needs ◽  
Perverse Incentives ◽  
Intimate Knowledge ◽  
The Uk ◽  
Recent Policy

Purpose With the temporary housing of rough sleepers in response to the Covid-19 emergency, some commentators have been tempted to believe that the rising population of rough sleepers in the UK has finally been reversed. This paper aims to examine the choices made by persistent rough sleepers and how far they are influenced by the perverse incentives of social policies, in order to challenge the view that they sleep rough out of choice. Design/methodology/approach Evidence for this paper is derived from two teams of frontline service providers with routine familiarity with the rough sleeping population: a street outreach team and a team of support workers working with adults with multiple and complex needs. Primary data from focus groups were combined with the secondary analysis of both numerical and narrative accounts routinely recorded by both teams. Findings The exercise of agency by persistent rough sleepers is constrained by a mixed baggage of complex needs, past negative risk assessments, limited resources and regulatory deterrents to generate choices to reject help that appear irrational. These need to be understood if recent policy initiatives to end rough sleeping are to be effective. Originality/value The paper draws on the experience and comprehensive records of practitioners with intimate knowledge of the rough sleeping population. It extends narrative accounts of causes by focusing on key choices to show how the perverse incentives of policy combine with personal factors to incline rough sleeping to persist.

Innovation

2020 ◽  
pp. 32-70
Author(s):  
Anusha Kedhar
Keyword(s):  
South Asian ◽  
Social Cohesion ◽  
Cultural Practices ◽  
South Asians ◽  
Cultural Integration ◽  
Dance Company ◽  
Competing Demands ◽  
British Asians ◽  
The Uk

Chapter 1 theorizes flexibility in relation to neoliberal demands for innovation. In the late 1990s, during an era of expanding economic globalization and increasing European integration, Britain capitalized on the diverse cultural practices of its postcolonial communities to showcase the country’s “cool” cosmopolitanism and global investment appeal. However, the state was keen to promote a certain kind of diversity, one that was legible and assimilable. In order to be considered for funding, South Asian dance had to be both diverse (i.e., ethnically marked) and innovative (i.e., ethnically unmarked)—different but not too different. After decades of racial division and growing fears that British Asians were a threat to social cohesion, innovation was key to cultural integration. Balancing the dual demands for innovation and diversity required great flexibility on the part of British South Asian dancers, including the ability to stretch the boundaries of the form through experimentation; to be fluent and versatile in multiple techniques; and to adhere to competing demands to make work that was both culturally distinct and legible to a wider (and whiter) public. This chapter shows how one particular British South Asian dance company, Angika, struck a balance between ethnic particularity and mainstream appeal through an array of flexible choreographic and artistic choices. In doing so, Angika’s performances not only helped audiences reimagine Britain as inclusive, cosmopolitan, modern, and “cool,” but also allayed public fears about South Asians in the UK as unassimilable outsiders.

The FX Race to Zero

2018 ◽  
pp. 61-88
Author(s):  
Dan Marcus ◽  
Miles Kellerman
Keyword(s):  
Foreign Exchange ◽  
Future Research ◽  
Technological Changes ◽  
Currency Markets ◽  
The Us ◽  
Perverse Incentives ◽  
Exchange Markets ◽  
Arbitrage Opportunity ◽  
The Uk ◽  
Latency Arbitrage

This chapter traces how technological changes have affected the structure and operation of currency markets, and examines the issues associated with these developments. These changes have caused significant concern within the industry and raise complicated questions about whether additional regulation is necessary. Nevertheless, they have received relatively little theoretical or empirical attention in comparison to similar developments in equities markets. To address this gap, the chapter outlines the primary market structural issues in foreign exchange markets, including potentially abusive trading techniques, last look, and perverse incentives to monetize access to speed and information. Further, the chapter provides an example of a high frequency latency arbitrage opportunity and discusses the potential mitigating impact of a randomized delay mechanism. This is followed by an analysis of recent regulatory efforts to address these issues in the UK, the EU, and the US, in addition to a review of industry-led initiatives to establish best practices for algorithmic traders and venue operators. The chapter concludes by discussing key questions and constraints for future research.

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