About the Book
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.
About the Author :
Philippe Van Parijs is Professor of Economic and Social Ethics, University of Louvain. Yannick Vanderborght is Professor of Political Science, Université Saint-Louis, Brussels.
Review :
A meticulously comprehensive, frequently persuasive accounting of [universal basic income’s] superiority by measures economic, philosophical, and pragmatic.
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.
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.
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.
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.
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.
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.
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.’
Will be essential for the ongoing debate.
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.
This is a major contribution to the effort to design a realistic program for achieving social justice in the twenty-first century.
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.
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.
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.
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.
At once an intellectual paean to the ideal of a universal basic income, an attempt to win over those who might be skeptical or undecided, and a plea for pragmatism to its supporters.
