We will simply have to throw the kitchen sink at this. Policy tweaks such as a carbon tax won’t do it. We need to fundamentally re-evaluate our relationship to ownership, work and capital. The impact of a dramatic reconfiguration of the industrial economy require similarly large changes to the welfare state.
Basic incomes, large-scale public works programmes, everything has to be on the table to ensure that the oncoming system shocks do not leave vast swathes of the global population starving and destitute. Perhaps even more fundamentally, we cannot continue to treat the welfare system as a tool for disciplining the supposedly idle underclasses. Our system must be reformed with a more humane view of worklessness, poverty and migration than we have now.
https://www.theguardian.com/commentisfr ... capitalism
A provocative claim, but one worth discussing.