Most existing national capital funds have been built up from royalties from oil and other minerals. They need not be limited that way. Most are anything but democratic. That could be changed.
In financial affairs and dealings with the state, those in the precariat are disadvantaged since they are usually less well-informed and have to do much more to satisfy demands made on them if they want to gain meagre state benefits.
What we need is a slow time movement to gain control over time and an overhaul of work statistics to give a better perspective on all the work being done and how much of it is undesirable, unnecessary, and demeaning.
Collective action remains the best way of renewing the march towards the great trinity of liberty, equality, and solidarity.
Since the crash of 2008 and during the neoliberal retrenchment known as austerity, many commentators have muttered that the left is dead, watching social democrats in their timidity lose elections and respond by becoming ever more timid and neoliberal. They deserve their defeats.
I don't see basic income as a panacea, but we must have a new income distribution system. The old one has broken down irretrievably.
