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7 years, 5 months ago

capital flight may become an opportunity

Second, if my popularity hypothesis is true, capital flight may become an opportunity to leverage the polity into socialism. Those firms or industries at risk of exit should be scapegoated and specially targeted for nationalization. This brings additional revenue for the growing dividend and serves…

—p.145 Catalyst Vol. 2 No. 3 Does Basic Income Assume a Can Opener? (137) by David Calnitsky
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7 years, 5 months ago

the regressiveness of standard deduction

It is worth lingering on both tax exemptions and tax expenditures. As Tony Atkinson has argued, the “personal exemption” and “standard deduction” in the income tax is closely related to basic income. If the tax rate is 30 percent and the exemption threshold is $10,000, the exemption provides person…

—p.142 Does Basic Income Assume a Can Opener? (137) by David Calnitsky
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7 years, 5 months ago

feasibility and achievability of basic income

To begin, when we analyze alternative forms of social organization it is useful to separate the feasibility from the achievability of a proposal.3 Gourevitch and Stanczyk cast doubt on one story about basic income’s political achievability, much more than its underlying feasibility. The question of…

—p.139 Does Basic Income Assume a Can Opener? (137) by David Calnitsky
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7 years, 5 months ago

policy and power co-evolve

The story I wish to tell instead suggests that there are forms of income maintenance that fall short of a fully universal basic income but would nonetheless be politically popular, and therefore robust. Moreover, those policies could also be emancipatory insofar as they expand people’s power to dem…

—p.139 Does Basic Income Assume a Can Opener? (137) by David Calnitsky
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7 years, 5 months ago

basic income assumes its conclusions

The authors emphasize just how expensive a generous version of the policy really would be, and they stress that it requires a powerful coalition to cull the resources to fund it and take us from here to there. Thus, proponents such as myself have it backwards: it is not that basic income would empo…

—p.138 Does Basic Income Assume a Can Opener? (137) by David Calnitsky