Basic Income Studies 1 (2) (2006)
|Abstract||This paper defends a regularly paid basic income as being better equipped to tackle unfair inequalities of outcome. It is argued that the timing of "option-luck" failures – in particular, whether they occur early in a lifetime of calculated gambles, and whether they are clustered together – may lead to a form of "brute bad luck," referred to as "cumulative misfortune." A basic income that is paid on a regular basis provides a way to prevent the emergence of cumulative misfortune, because the basic income at least partially replenishes the individual's ability to take the next calculated gamble. The upshot of this is a nonpaternalistic justification for an unconditional basic income that is paid regularly and is nonmortgageable. This has an important bearing on the debate between those who advocate a one-off endowment at the start of adult life and those who advocate a basic income paid regularly throughout one's life. The paper contends that a regular basic income represents a superior social policy because it prevents the emergence of cumulative misfortune, rather than belatedly attempting to compensate for its effects during our senior years.|
|Keywords||basic income cumulative misfortune|
|Categories||No categories specified (fix it)|
|Through your library||Configure|
Similar books and articles
Colin Farrelly (1999). Justice and a Citizens' Basic Income. Journal of Applied Philosophy 16 (3):283–296.
Daniel Moseley (2011). What is Libertarianism? Basic Income Studies 6 (2):4.
Jason B. Murphy (2010). Baby Steps: Basic Income and the Need for Incremental Organizational Development. Basic Income Studies 5 (1):Article 7.
Derek Bianchi Melchin (2010). A Case Study in Functional Payment Classification. The Lonergan Review 2 (1):223-233.
Anca Gheaus (2008). Basic Income, Gender Justice and the Costs of Gender-Symmetrical Lifestyles. Basic Income Studies 3 (3).
Doris Schroeder (2001). Wickedness, Idleness and Basic Income. Res Publica 7 (1).
Matt Zwolinski (2011). Classical Liberalism and the Basic Income. Basic Income Studies 6 (2):1-14.
Daniel Moseley (2011). A Lockean Argument for Basic Income. Basic Income Studies 6 (2):11.
Added to index2009-01-28
Total downloads13 ( #88,007 of 549,196 )
Recent downloads (6 months)1 ( #63,397 of 549,196 )
How can I increase my downloads?