Should we share public wealth?

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Over 800 years ago the Charter of the Forest, a companion document to Magna Carta, enshrined the rights of ordinary people to access and manage common land and share its resources.

Our speaker, Guy Standing, argues that today we can think of ‘the commons’ as encompassing not just land and the natural world but also the institutions, services and amenities that society has created for public benefit. Examples include the National Health Service, parks and libraries, the law and justice system, cultural life (such as the BBC), public education and access to knowledge and information.

However, just as common land has been reduced to a remnant over the centuries by successive waves of enclosure, today’s commons are being eroded by privatisation, commercialisation and austerity.

How should society respond to this plunder? Could reviving the commons help to combat inequality and social division? Should we be compensated for their loss?

£5 ADVANCE
EXETER PHOENIX, GANDY STREET, EXETER. EX4 3LS
6 P.M. – 7 P.M.


Speaker


Professor Guy Standing

Guy Standing

Professorial Research Associate
SOAS
University of London


An economist with a Ph.D. from the University of Cambridge, he is a Fellow of the British Academy of Social Sciences, a Fellow of the Royal Society of Arts, co-founder and honorary co-president of the Basic Income Earth Network (BIEN), and Council member of the Progressive Economy Forum. Between 2016 and 2019, he was an economic adviser to the Shadow Chancellor of the Exchequer, John McDonnell.

He was previously a professor at SOAS, the University of Bath, and Monash University, and Director of the ILO’s Socio-Economic Security Programme. He has been a consultant for many international bodies, including UNICEF, UNCTAD, UNDP, the European Commission and World Bank, has worked with SEWA in India, was Director of Research for President Mandela’s Labour Market Policy Commission, and has designed and helped conduct basic income pilots in various countries. His books include The Precariat: The New Dangerous Class, published in 23 languages; The Corruption of Capitalism (Biteback), Basic Income: And how we can make it happen (Pelican, 2017), and Plunder of the Commons: A Manifesto for Sharing Public Wealth (Pelican, 2019).