Thesis Rationale As a result of the advance of international trade and economic science in recent decades, globalization has radically transformed the traditional social and economic order from smaller, connected nations to a new world economy which, while already demonstrably capable of rescuing millions of people from poverty, could be extended to the entire human species. World Economic Forum Growth Development Index 2017 However, the new global system unfairly compensates a few rich countries,OECD:Trade Between Developed And Developing Countries': The Decade Ahead and, with the progressive substitution of human capital with automation and robotics,Robotics and automation, employment, and aging Baby Boomers has also generated an increase in inequality, both between the investment community and its workforceEconomicPolicy Institute, 2015:The decline in labor’s share of corporate income within the G20 states as well as between developed countries and their developing neighbours. Justification Each idea is supported by multiple academic studies and anecdotal evidence including numerous success stories. For example, it quotes Richard Nixon's 1968 plan for a basic income for AmericansJacobin:Nixon’s Basic Income Plan The Mincome project in the Canadian city of Dauphin, Manitoba, which "eliminated poverty" and reduced hospitalisation ratesHuffington Post;A Canadian City Once Eliminated Poverty And Nearly Everyone Forgot About It The perceived success of the Schengen AgreementThe Conversation (website): Business will suffer if border crossings between European neighbours are shut
Thesis Rationale As a result of the advance of international trade and economic science in recent decades, globalization has radically transformed the traditional social and economic order from smaller, connected nations to a new world economy which, while already demonstrably capable of rescuing millions of people from poverty, could be extended to the entire human species. However, the new global system unfairly compensates a few rich countries,OECD:Trade Between Developed And Developing Countries': The Decade Ahead and, with the progressive substitution of human capital with automation and robotics,Robotics and automation, employment, and aging Baby Boomers has also generated an increase in inequality, both between the investment community and its workforce within the G20 states as well as between developed countries and their developing neighbours. Justification Each idea is supported by multiple academic studies and anecdotal evidence including numerous success stories. For example, it quotes Richard Nixon's 1968 plan for a basic income for Americans The Mincome project in the Canadian city of Dauphin, Manitoba, which "eliminated poverty" and reduced hospitalisation rates The perceived success of the Schengen Agreement
D
World Economic Forum Growth Development Index 2017
R
workforceEconomicPolicy Institute, 2015:The decline in labor’s share of corporate income
workforce
R
AmericansJacobin:Nixon’s Basic Income Plan
Americans
R
ratesHuffington Post;A Canadian City Once Eliminated Poverty And Nearly Everyone Forgot About It
rates
R
AgreementThe Conversation (website): Business will suffer if border crossings between European neighbours are shut
Agreement