The Open UniversitySkip to content
 

Are Basic Capital Versus Basic Income Debates Too Narrow?

Prabhakar, Rajiv (2018). Are Basic Capital Versus Basic Income Debates Too Narrow? Basic Income Studies, 13(1), article no. 20180015.

Full text available as:
[img]
Preview
PDF (Accepted Manuscript) - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (218kB) | Preview
DOI (Digital Object Identifier) Link: https://doi.org/10.1515/bis-2018-0015
Google Scholar: Look up in Google Scholar

Abstract

Basic income and basic capital are two common ideas for redesigning distribution. Basic income provides people with a regular income from government. Basic capital provides people with a lump-sum grant. An important part of scholarly debate concentrates on the merits of basic income versus basic capital. This paper claims that these debates are too narrow. First, current debates overlook the way that a chief inspiration for both ideas, Thomas Paine, wanted basic capital and basic income to be complements not substitutes. Second, it is more instructive to compare basic capital or basic income with a wider set of alternatives than with each other. Widening the debates would benefit the discussion of a basic capital or basic income.

Item Type: Journal Item
ISSN: 1932-0183
Keywords: Basic Income; Basic Capital; Thomas Paine; Universal Basic Services
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Economics
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Item ID: 55754
Depositing User: Rajiv Prabhakar
Date Deposited: 10 Jul 2018 13:25
Last Modified: 17 Jun 2020 18:41
URI: http://oro.open.ac.uk/id/eprint/55754
Share this page:

Metrics

Altmetrics from Altmetric

Citations from Dimensions

Download history for this item

These details should be considered as only a guide to the number of downloads performed manually. Algorithmic methods have been applied in an attempt to remove automated downloads from the displayed statistics but no guarantee can be made as to the accuracy of the figures.

Actions (login may be required)

Policies | Disclaimer

© The Open University   contact the OU