Basic Income And Sovereign Money
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Basic Income And Sovereign Money
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Author : Geoff Crocker
language : en
Publisher: Palgrave Pivot
Release Date : 2021-03-07
Basic Income And Sovereign Money written by Geoff Crocker and has been published by Palgrave Pivot this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-07 with Political Science categories.
“This is a radical, thought-provoking book, which brings together debates that are often kept separate about basic income and 'sovereign money'. You might not agree with all of it, but it makes big arguments and does so with constructive intent: that of proposing alternative ways of organising our economy and welfare states.” Nick Pearce, Director of The Institute for Policy Research, University of Bath, UK “Though I have criticized modern money theory (MMT) for being too facile regarding the consequences of money financed deficits, I welcome this book’s advocacy of a universal basic income. MMT proponents have focused on the problem of employment. Geoff Crocker wants to shift the focus to basic income, and I believe he is right. We are in an era of transition. Employment was the fundamental problem of the 20th century. Income distribution will be the fundamental problem of the 21st century. We must begin transitioning the policy discourse now. In coming decades we will need both employment and basic income policy. It is good to have MMT advocates on board.” Thomas Palley, independent economist, Washington, DC, USA "Geoff Crocker's book is a very stimulating and provoking contribution to the discussion of how to define, identify, and finance basic income. It addresses very clearly the societal issue of a monetary basic income funding which will excite the discussion beside well --known tax proposals, and establishes the discussion on integrating basic income directly into crisis prevention and crisis solution." Bernhard Neumärker, Götz Werner Professor of Economic Policy & Constitutional Economic Theory and Head of Freiburg Institute for Basic Income Studies (FRIBIS) at the University of Freiburg The current economic system is dysfunctional, characterised by crises, austerity, excessive household and government debt, low pay, poverty, inequality, and ecological damage. This needs a radical re-think and re-engineering of the economic system. The standard explanation of the 2007 economic crisis is that banks behaved badly and governments failed to regulate. But policies of tighter bank regulation, quantitative easing, and austerity failed, and proved counter-productive. This book challenges this orthodox view. From a careful analysis of long-term economic data, it shows that earned income has inexorably fallen behind economic output, leading to huge increases in consumer debt, causing the crisis. Governments have sought to curtail deficit spending by socially harmful austerity policy. The answer is a universal basic income, funded by debt-free sovereign money, which also funds government social expenditure, always limited by economic output to avoid inflation. This book will appeal to policy makers, academic economists, think tank networks, and everyone who is concerned with the ongoing dysfunctionality of the current economic system.
Basic Income And Sovereign Money
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Author : Geoff Crocker
language : en
Publisher: Springer Nature
Release Date : 2020-02-20
Basic Income And Sovereign Money written by Geoff Crocker and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-20 with Political Science categories.
“This is a radical, thought-provoking book, which brings together debates that are often kept separate about basic income and 'sovereign money'. You might not agree with all of it, but it makes big arguments and does so with constructive intent: that of proposing alternative ways of organising our economy and welfare states.” Nick Pearce, Director of The Institute for Policy Research, University of Bath, UK “Though I have criticized modern money theory (MMT) for being too facile regarding the consequences of money financed deficits, I welcome this book’s advocacy of a universal basic income. MMT proponents have focused on the problem of employment. Geoff Crocker wants to shift the focus to basic income, and I believe he is right. We are in an era of transition. Employment was the fundamental problem of the 20th century. Income distribution will be the fundamental problem of the 21st century. We must begin transitioning the policy discourse now. In coming decades we will need both employment and basic income policy. It is good to have MMT advocates on board.” Thomas Palley, independent economist, Washington, DC, USA "Geoff Crocker's book is a very stimulating and provoking contribution to the discussion of how to define, identify, and finance basic income. It addresses very clearly the societal issue of a monetary basic income funding which will excite the discussion beside well --known tax proposals, and establishes the discussion on integrating basic income directly into crisis prevention and crisis solution." Bernhard Neumärker, Götz Werner Professor of Economic Policy & Constitutional Economic Theory and Head of Freiburg Institute for Basic Income Studies (FRIBIS) at the University of Freiburg The current economic system is dysfunctional, characterised by crises, austerity, excessive household and government debt, low pay, poverty, inequality, and ecological damage. This needs a radical re-think and re-engineering of the economic system. The standard explanation of the 2007 economic crisis is that banks behaved badly and governments failed to regulate. But policies of tighter bank regulation, quantitative easing, and austerity failed, and proved counter-productive. This book challenges this orthodox view. From a careful analysis of long-term economic data, it shows that earned income has inexorably fallen behind economic output, leading to huge increases in consumer debt, causing the crisis. Governments have sought to curtail deficit spending by socially harmful austerity policy. The answer is a universal basic income, funded by debt-free sovereign money, which also funds government social expenditure, always limited by economic output to avoid inflation. This book will appeal to policy makers, academic economists, think tank networks, and everyone who is concerned with the ongoing dysfunctionality of the current economic system.
Battling Eight Giants
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Author : Guy Standing
language : en
Publisher: Bloomsbury Publishing
Release Date : 2020-03-19
Battling Eight Giants written by Guy Standing and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-19 with Business & Economics categories.
Today in one the richest countries in the world, 60% of households in poverty have people in jobs, inequality is the highest it has been for 100 years, climate change threatens our extinction and automation means millions are forced into a life of precarity. The solution? Basic Income. Here, Guy Standing, the leading expert on the concept, explains how to solve the new eight evils of modern life, and all for almost zero net cost. There is a better future, one that makes certain all citizens can share in the wealth of the modern economy. Far from being a new idea, Standing shows how the roots of basic income go back to the Charter of the Forest, one of two foundational documents of the state – the other, sealed on the same day, being the Magna Carta. All citizens have a right to the wealth created by capitalism, and all – left or right, rich or poor – can benefit from a dynamic and ecologically grounded economy created by the guarantee of subsistence to all.
Keystroke Capitalism
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Author : Aaron Sahr
language : en
Publisher: Verso Books
Release Date : 2022-03-01
Keystroke Capitalism written by Aaron Sahr and has been published by Verso Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-01 with Political Science categories.
Why society needs to reclaim the power to create money At the heart of capitalism lies the ability of private banks to create money at the stroke of a key. Why have we ignored this unique privilege for so long – and at what cost? Aaron Sahr attributes the lack of attention paid to money creation to the core of popular theories of capitalism, which equate economic power with capital ownership. This conceptual framework obscures the real drivers of capitalist dynamics as well as the causes of increasing inequality. By exploring the transformation of banking over the last half century, Sahr shows how the creation of money has driven the rise of finance as well as splitting incomes from wealth. As a result, the real economy of ordinary people has become a debt supplier to a monetary system whose returns accumulate at the top. It is not simply the markets but money itself that transfers wealth from the masses to a minority. Increasing financial inequality can therefore only be remedied by addressing predistribution – the modalities of money creation – as well as the distributive effects of the markets. By mapping this hidden regime of ‘keystroke capitalism’, Sahr makes an essential contribution to our understanding of economic inequality and capitalist dynamics.
Basic Income
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Author : Philippe Van Parijs
language : en
Publisher: Harvard University Press
Release Date : 2017-03-20
Basic Income written by Philippe Van Parijs and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-20 with Business & Economics categories.
Providing a basic income to everyone, rich or poor, active or inactive, was advocated by Paine, Mill, and Galbraith but the idea was never taken seriously. Today, with the welfare state creaking, it is one of the world’s most widely debated proposals. Philippe Van Parijs and Yannick Vanderborght present a comprehensive defense of this radical idea.
Basic Income
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Author : Torry, Malcolm
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-08-27
Basic Income written by Torry, Malcolm and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-27 with Political Science categories.
Presenting a truly comprehensive history of Basic Income, Malcolm Torry explores the evolution of the concept of a regular unconditional income for every individual, as well as examining other types of income as they relate to its history. Examining the beginnings of the modern debate at the end of the eighteenth century right up to the current global discussion, this book draws on a vast array of original historical sources and serves as both an in-depth study of, and introduction to, Basic Income and its history.
Let There Be Money
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Author : Scott Santens
language : en
Publisher:
Release Date : 2021
Let There Be Money written by Scott Santens and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Basic income categories.
The Case For Universal Basic Income
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Author : Louise Haagh
language : en
Publisher: John Wiley & Sons
Release Date : 2019-07-20
The Case For Universal Basic Income written by Louise Haagh and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-20 with Political Science categories.
Advocated (and attacked) by commentators across the political spectrum, paying every citizen a basic income regardless of their circumstances sounds utopian. However, as our economies are transformed and welfare states feel the strain, it has become a hotly debated issue. In this compelling book, Louise Haagh, one of the world’s leading experts on basic income, argues that Universal Basic Income is essential to freedom, human development and democracy in the twenty-first century. She shows that, far from being a silver bullet that will transform or replace capitalism, or a sticking plaster that will extend it, it is a crucial element in a much broader task of constructing a democratic society that will promote social equality and humanist justice. She uses her unrivalled knowledge of the existing research to unearth key issues in design and implementation in a range of different contexts across the globe, highlighting the potential and pitfalls at a time of crisis in governing and public austerity. This book will be essential reading for anyone who wants to get beyond the hype and properly understand one of the most important issues facing politics, economics and social policy today.
Exploring Universal Basic Income
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Author : Ugo Gentilini
language : en
Publisher: World Bank Publications
Release Date : 2019-11-25
Exploring Universal Basic Income written by Ugo Gentilini and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-25 with Political Science categories.
Universal basic income (UBI) is emerging as one of the most hotly debated issues in development and social protection policy. But what are the features of UBI? What is it meant to achieve? How do we know, and what don’t we know, about its performance? What does it take to implement it in practice? Drawing from global evidence, literature, and survey data, this volume provides a framework to elucidate issues and trade-offs in UBI with a view to help inform choices around its appropriateness and feasibility in different contexts. Specifically, the book examines how UBI differs from or complements other social assistance programs in terms of objectives, coverage, incidence, adequacy, incentives, effects on poverty and inequality, financing, political economy, and implementation. It also reviews past and current country experiences, surveys the full range of existing policy proposals, provides original results from micro†“tax benefit simulations, and sets out a range of considerations around the analytics and practice of UBI.
The Popularity Of Basic Income
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Author : Tijs Laenen
language : en
Publisher: Springer Nature
Release Date : 2023-05-05
The Popularity Of Basic Income written by Tijs Laenen and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-05 with Political Science categories.
This book provides a state-of-the-art overview of the popularity of basic income among the general public. Using data from a wide array of public opinion polls conducted in different countries and years, the book first charts popular support for the ideal-typical version of basic income, broadly defined as a "periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement”. On top of that, the book maps popular support for the many other, differently designed varieties of basic income that are part of real-world proposals, pilots, and experiments – including, for example, a participation income, a negative income tax, and a stakeholder grant. By investigating how and why support for different types of basic income varies across countries, evolves over time, and differs between individuals with different characteristics, this book offers crucial information about the political constituencies that can be mobilized in favor of (or against) the introduction of basic income, thereby contributing to our knowledge on the political feasibility of basic income.