Share Sounds from Thought for the Week

When Clement Attlee introduced welfare universality to post-war Britain, he was aiming for a more egalitarian society. Seventy-five years on we can see not only that it has not been achieved, but also that it has nearly bankrupted the public finances: a major task for UK Chancellor Rachel Reeves to tackle in her Spring Statement. Targeting support for those most in need with the help of philanthropy will be a key part of replacing 'egalitarian socialism' with egalitarian capitalism, enabling those with a social conscience to concentrate support and encouragement where it's needed, rather than providing publicly-funded services 'free at the point of use' for everyone. Background music: 'Everything Has a Beginning' by Joel Cummins Image source: Wikipedia

Abolition of NHS England reverses the de-politicisation of the health service, but it leaves intact all the inefficiencies of being a monopoly: thereby rendering people complacent and satisfied with mediocrity, unless they're moved by the Florence Nightingale mindset. Competition enables progress, efficient delivery and innovation, but most of all it respects individuals as customers, not simply treating them as account numbers. No wonder that the Competition & Markets Authority encourages government to use competition effectively on behalf of consumers. Background music: 'Hopeful Freedom' by Asher Fulero

As the United States descends towards economic turmoil as a result of its new-found isolationism and unreliability, the BRICS group of nations (including Russia and China) will be looking forward to a new dawn for their mainly autocratic regimes and potentially an opportunity to replace the U.S. dollar as the world's reserve currency. If western democracies, particularly in Europe, are to turn that tide, they must discover long-term governance, a new approach to targeted welfare working in partnership with philanthropists as opposed to universality, and a significant increase in democratic legitimacy for global governance. Background music: 'India Fuse' by French Fuse

Isolation and insecurity as a result of reducing levels of in-person contact are causing problems in all walks of life, but particularly for young people in care. Getting started in adult life isn't just about learning the technical skills, but building self-confidence, communication skills and hope for the future. The performing arts — singing, dancing, acting and backstage — can provide these transferable skills with the real enjoyment of working together with others. So The Share Foundation has just launched its new programme 'Stepping Forward' in partnership with Tring Park School and the Rothschild Foundation. Background music: 'Communicator' by Reed Mathis

The 2025 Doomsday Clock is set at just 89 seconds before midnight by the Bulletin of the Atomic Scientists, but it's not just the potential for nuclear catastrophe that is rearing its head: climate change and biodiversity are causing deep concerns, and even if we can struggle through this difficult period, the legacy that we're leaving to future generations is awful. It's said that charity begins at home, but the treatment of our own young people is not encouraging in this respect: debts abound, both at the personal and public levels. With so many current-day challenges, the big question is how to encourage people — and our elected leaders — to take a longer-term perspective? Background music: 'Lost In Prayer' by Doug Maxwell The Doomsday Clock is created and managed by the Bulletin of the Atomic Scientists

Sam Altman, the tech entrepreneur who built OpenAI and its ground-breaking ChatGPT Artificial Intelligence functionality, correctly says that increasing equality may require new ideas. He's right: governments and political ideologies of many hues just can't deliver, besieged by conflicts of interest and debt. The Credit Suisse Wealth Distribution chart shows the huge contrast between those who are super-rich (in blue), the wealthiest of whom are the giant tech oligarchs, and those who live in real poverty, in red. It's time we accepted that 'The State', whether socialist or populist, can't deliver, and for philanthropists to step up to the plate, working in partnership with governments who still need to provide the necessary regulation and logistics. Background music: 'Resolution' by Wayne Jones Image source: Wikipedia

Whatever you may think of trade tariffs, there is no doubting the massive trade imbalance that has developed between China and the United States over the past three decades. Deliberate currency manipulation has enabled China to become the world's factory through resisting any meaningful appreciation of the Renminbi against the U.S. dollar. Parts of Europe have also suffered much economic damage as a result of the failure to balance out regional economic differences. If strong, accommodating economic control cannot be delivered, freely-floating currencies are the answer — but not tariffs. Background music: 'Something Is Wrong' by Sir Cubworth

Both the Office for Budget Responsibility and Andrew Bailey, Governor of the Bank of England, have warned of serious consequences for public finances if significant action isn't taken. The assumption is that this must be achieved by lifting growth in productivity. But what if the main impediment to traditional economic growth, as evidenced by GDP, is endemic demonetization brought about by advancing technology and automation? Is it time to look for a radically new approach which will allow everyone to participate in that wealth creation? Background music: 'The New Order' by Aaron Kenny

More than seven million people tuned in for the explosive finale of the third series of hit BBC series 'The Traitors', an entertaining romp through the psychological effects of dishonesty. The BBC has succeeded in making adjustments so that dishonesty doesn't always win, but the finale showed clearly how it evaporates trust. In a wider context, it's becoming increasingly clear that social media is driving people apart by enabling people to express views and aggression 'at arms length' — the removal of fact-checking is another significant step backwards. Does social media drive people apart? We should not delay in seeking more research on the question. Background music: 'Hidden Agenda' by Kevin MacLeod — 'Hidden Agenda' by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Image source: Wikipedia