Towards an inclusive economy

In looking at what is needed to break the vicious cycles that perpetuate poverty, this chapter explores how to move towards an inclusive economy. It stresses that, in addition to designing progressive taxation schemes and strengthening social protection and access to essential services, there is a need to move towards a more inclusive form of economy, one that ensures real opportunities for all. It questions over-dependence on economic growth as a solution and highlights the need to encourage a regenerative and inclusive economy rather than an extractive and exclusive economy. The chapter then sets out how to achieve a jobs-rich model of development which makes the right to work a reality. It argues for the introduction of a basic income for young adults. It advocates the prohibition of discrimination on grounds of socioeconomic disadvantage.