Contributor(s)The Pennsylvania State University CiteSeerX Archives
Z 10 Keywords
exchange and use value
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AbstractAbstract: On the one hand, reasons for introducing an unconditional income seem overwhelming; on the other hand, resistance to it seems well-founded too. I weigh financial and economic, moral, and metaphysical arguments, concluding that the financial, economic and moral arguments against basic income are not very convincing while the metaphysical arguments do have weight. Yet they too, like the arguments against basic income of the other classes, do not sufficiently take account of the difference of contemporary economies from pre-industrial economies: that they have to prevent overproduction, or a saving glut, rather than underproduction, or starvation.