A larger life for the ordinary person.
At the Institute for Global Prosperity (IGP), we are committed to three things: public debate around new ideas; sustainable investment in social infrastructures; and public policy aimed at improving the quality of people’s lives. We have been inspired by experiments in universal basic income (UBI) around the world, and by a series of discussions about how to rethink economies, both local and global. In this report, we lay out some ideas about how to deliver quality of life for the UK, improve public services in ways that are affordable, and link radical policy initiatives to improved social integration and cohesion. These are ideas for debate across the broadest spectrum in the UK, including local communities. We call this set of ideas Universal Basic Services.
Expanding universal access to basic services is the most effective way to bolster the public goods on which both society and the economy depend. The benefits such investment in social infrastructure brings are much greater than those targeted at individuals. What is clear is this: We can have a modern welfare state fit for the 21st century, and we can afford to pay for it. What remains now is a public debate about the validity and potential of the ideas we have on the table, so that we refine them, implement them, and generate the next set of ideas to fit the changing circumstances of sustainable prosperity for the UK today and for future generations.