Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 years, 2 months ago

problems with targeted basic income

[...] Targeting also addresses yesterday's, not tomorrow's, poverty; it aims to help those who have fallen into poverty rather than those in danger of doing so. Yet the most effective way to reduce poverty is to prevent it, as preventing poverty costs less than helping people out of it.

—p.223 Basic Income: And How We Can Make It Happen Basic Income and Development (217) by Guy Standing
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9 years, 2 months ago

problems with private charity

Charity is based on the sentiment of 'pity' and, as the philosopher David Hume noted, pity is akin to contempt. Private charity as a central feature of social policy may satisfy libertarians, but it profoundly offends the central idea of republican freedom, that of non-domination. Being dependent o…

—p.213 The Alternatives (185) by Guy Standing
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9 years, 2 months ago

problems with negative income tax

Although an NIT would be a useful anti-poverty device, it would do little to advance republican freedom or provide assured economic security, nor would it be a vehicle for social justice. It would not apply to people without jobs or with incomes too low to pay tax. [...]

—p.212 The Alternatives (185) by Guy Standing
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9 years, 2 months ago

tax credits are a subsidy to capital

Tax credits are a subsidy to capital, whatever impact they have on poverty and the incomes of wage workers. One US estimate suggests that for every dollar spent on the EITC the low-wage worker gains 73 cents while the employer gains 27 cents by paying lower wages. In the similar finding for the UK,…

—p.208 The Alternatives (185) by Guy Standing
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9 years, 2 months ago

an unlikely road to happiness

[...] A job guarantee would be a deception. What sort of jobs would be guaranteed? At what rate of pay would they be provided? What would be the consequence for declining the specific job being 'guaranteed'? Since it is completely unrealistic to guarantee everyone a job that suits them, makes use o…

—p.201 The Alternatives (185) by Guy Standing