Marx, Communism, and Basic Income in advance

Basic Income and the Labor Contract Basic Income and the Labor Contract Basic Income and the Labor Contract Basic Income and the Labor Contract 2. Basic Income Arguments from Justice and Objections from Their Critics

The paper starts by exploring the negative contingencies that are associated with the core institution of capitalist societies, the labour contract: unemployment, poverty, and denial of autonomy. It argues that these are the three conditions that basic income schemes can help prevent. Next, the three major normative arguments are discussed that are raised by opponents of basic income proposals:...

Review of Basic Cash - in - Advance Models

Agents and endowments. There is a representative household and a government. For expositional purposes, the representative household is split into a ‘worker’ and a ‘shopper’. The worker receives a stochastic endowment yt(s ) of a single non-storable good. The household is prohibited from directly consuming its own endowment. Instead, the worker sells the endowment for money which is used by the...

Basic income – A transcultural perspective

Behavioral Economics and The Basic Income Guarantee

This article provides a critical discussion of the potential contributions behavioral economics makes to the idea of a Basic Income Guarantee (BIG). Behavioral economics suggests that the consequences of a basic income may be significantly different from the ones predicted by the Standard Economic Model. Three topics from this literature are analyzed and linked to the BIG idea: Prospect Theory,...

Cash Transfers, Basic Income and Community Building

The austerity movement in high-income countries of Europe and North America has renewed calls for a guaranteed Basic Income. At the same time, conditional and unconditional cash transfers accompanied by rigorous impact evaluations have been conducted in lowand middle-income countries with the explicit support of the World Bank. Both Basic Income and cash transfer programs are more confidently d...