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Basic Income: A Radical Proposal for a Free Society and a Sane Economy

by Philippe Van Parijs and Yannick Vanderborght Harvard University Press
Pub Date:
05/2019
ISBN:
9780674237469
Format:
Pbk 400 pages
Price:
AU$39.99 NZ$43.47
Product Status: In Stock Now
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It may sound crazy to pay people an income whether or not they are working or looking for work. But the idea of providing an unconditional basic income to every individual, rich or poor, active or inactive, has been advocated by such major thinkers as Thomas Paine, John Stuart Mill, and John Kenneth Galbraith. For a long time, it was hardly noticed and never taken seriously. Today, with the traditional welfare state creaking under pressure, it has become one of the most widely debated social policy proposals in the world. Philippe Van Parijs and Yannick Vanderborght present the most comprehensive defense of this radical idea so far, advocating it as our most realistic hope for addressing economic insecurity and social exclusion in the twenty-first century.


 


The authors seamlessly combine philosophy, politics, and economics as they compare the idea of a basic income with rival ideas past and present for guarding against poverty and unemployment. They trace its history, tackle the economic and ethical objections against an unconditional income—including its alleged tendency to sap incentives and foster free riding—and lay out how such an apparently implausible idea might be viable financially and achievable politically. Finally, they consider the relevance of the proposal in an increasingly globalized economy.


 


In an age of growing inequality and divided politics, when old answers to enduring social problems no longer inspire confidence, Basic Income presents fresh reasons to hope that we might yet achieve a free society and a sane economy.

Prologue


1. The Instrument of Freedom


2. Basic Income and Its Cousins


3. Prehistory: Public Assistance and Social Insurance


4. History: From Utopian Dream to Worldwide Movement


5. Ethically Justifiable? Free Riding Versus Fair Shares


6. Economically Sustainable? Funding, Experiments, and Transitions


7. Politically Achievable? Civil Society, Parties, and the Back Door


8. Viable in the Global Era? Multi-Level Basic Income


Epilogue


Notes


Bibliography


Acknowledgments


Index

‘‘Van Parijs and Vanderborght have done the discussion of a universal basic income a great service. They have set forth, clearly and comprehensively, what is probably the best case to be made today for this form of economic and social policy.’‘—Benjamin M. Friedman, The New York Review of Books


‘‘A meticulously comprehensive, frequently persuasive accounting of [universal basic income’s] superiority by measures economic, philosophical, and pragmatic.’‘—Nathan Heller, The New Yorker


‘‘What matters—what will lift the heart of every reader of Basic Income—is that Van Parijs and Vanderborght have enlisted the rigor and scruple of first-rate social science in the service of a generous social vision that is at least as old as Saint Ambrose and as up-to-date as Pope Francis. Our sensible and humane descendants—they are bound to be sensible or humane, since humanity would otherwise have long since succumbed to nuclear or environmental catastrophe—will doubtless wonder, with the easy impatience of posterity, what we were waiting for. They may, in fairness to us, decide that we were waiting for books like this.’‘—George Scialabba, Commonweal


‘‘Van Parijs and Vanderborght go deep, focusing exclusively on a universal guaranteed income and examining a range of philosophical, practical and political arguments for and against it. In considered, often enlightening, prose, they delve into John Rawls, Ronald Dworkin and Amartya Sen. They look at a number of alternative schemes; they discuss various objections to guaranteed income programs, including those over cost, free riding, and the possibility of diminished incentives.’‘—Akash Kapur, Financial Times


‘‘Basic Income provides a rigorous analysis of the many arguments for and against a universal basic income, offering a road map for future researchers who wish to examine policy alternatives.’‘—Marc Levinson, The Wall Street Journal


‘‘The book is likely to become a primer on core debates, such as the scheme’s overall feasibility, but its most striking aspect is how the authors make their argument. They justify a basic income not as a tool with which to address inequality, but rather as an ‘instrument of freedom.’’‘—Aaron Reeves, Nature


‘‘Provid[es] argument after argument as to why [basic income’s] introduction would be ‘economically clever’ and why it is the next logical step to take in a long history of social policies aimed at reducing poverty and inequality. Their proposals are not only clear but also extremely pragmatic… The value of this book is that, more comprehensively than any other study yet, it explains why an obligation-free income for all would be so beneficial, and it also charts how this could be incrementally attained.’‘—Danny Dorling, Times Higher Education


‘‘Although their goal is utopian, Van Parijs and Vanderborght aim to infuse it with economic and political realism… What Van Parijs and Vanderborght bring to this topic is a deep understanding, an enduring passion and a disarming optimism.’‘—Steven Pearlstein, The Washington Post


‘‘Will be essential for the ongoing debate.’‘—Ben Collyer, New Scientist


‘‘The concrete proposal for reducing economic inequality makes it a good complement to Thomas Piketty’s Capital in the Twenty-First Century. This work, while certainly controversial to some readers, is a sober and well-argued study of the basic income concept.’‘—Lawrence Maxted, Library Journal


‘‘Van Parijs and Vanderborght…make a sturdy ethical and philosophical argument for the provision of universal basic income… This thorough, thoughtful study will undoubtedly become a much-cited landmark work on its subject.’‘—Publishers Weekly


‘‘This is a major contribution to the effort to design a realistic program for achieving social justice in the twenty-first century.’‘—Bruce Ackerman, Yale University


‘‘The West is awash these days in populist movements that cloak repressive and inegalitarian agendas. In these troubled times, an unconditional basic income is a beacon: a workable proposal that furthers freedom and equality for all. In this book, two modern pioneers of the UBI make the moral and practical case for endowing everyone with the resources to shape a life of their own choosing.’‘—Anne Alstott, Yale University


‘‘The idea of a universal basic income has been around for quite a while, but has the time for it finally arrived? This superb, closely argued book makes the case for the affirmative answer. While the authors do not hide their sympathies, they approach their subject with a philosopher’s care for ethical justification, a historian’s focus on the antecedents, an economist’s concern for incentives, an empiricist’s respect for evidence, and a practitioner’s attention to feasibility.’‘—Dani Rodrik, John F. Kennedy School of Government, Harvard University


‘‘In this important introduction to the ‘basic income’ initiative—an economic proposal that may radically transform the nature of the modern economy and society—two leading social scientists examine the ethics and economics of the proposed move. This is essential reading for anyone interested in the problems of deprivation and unfreedom that survive even in the richest countries in the world. The remedial reasoning presented by Van Parijs and Vanderborght is powerful as well as highly engaging—a brilliant book.’‘—Amartya Sen, Harvard University


 


 


 


 


 


 
Philippe Van Parijs is Professor of Economic and Social Ethics, University of Louvain.


 


Yannick Vanderborght is Professor of Political Science, Universite Saint-Louis, Brussels.