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Basic Income
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Basic Income

A simple and powerful idea for the twenty-first century


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  • Eye Opening
  • Background
  • For Experts

Recommendation

Philosophy professor Philippe Van Parijs, one of Europe’s most prominent advocates for a “basic income” model, explains that the concept is a surprisingly “simple” yet “powerful” social benefit that political communities can finance with a sensible taxation system. He lays out his case in a clearly-written, scholarly annotated paper, which getAbstract recommends to policy makers and political activists willing to entertain an unconventional yet surprisingly straightforward approach to social justice. 

Take-Aways

  • The idea of providing all citizens with a “basic income” has gained increased public attention and political support in recent years.
  • Basic income is a modest, monthly cash payment handed out to every individual member of a political community irrespective of his or her age, income, wealth, employment status and living arrangement.
  • Basic income allows the poor to seek out employment without having to fear a cutback of their welfare benefits. Furthermore, the poor are free to take on jobs that are low-paying but meaningful to them.

About the Author

Philippe Van Parijs is the Hoover Chair of Economic and Social Ethics at the Université catholique de Louvain.


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