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

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9 years, 3 months ago

equanimity

A libertarian might regard that quasi-Darwinian prospect with equanimity; the rest of us might not.

on the likely result of 'helicopter money': the swift and the strong get most of it

—p.103 The Economic Arguments (95) by Guy Standing
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helicopter money

The idea of giving money directly to people to boost growth was put forward in a famous 1969 article by Milton Friedman, who used the parable of scattering dollar bills from a helicopter for the public to pick up. 'Helicopter money'--printing money to distribute to the public--has been proposed by American bond investor Bill Gross and by the economics journalist Martin Wolf, among others.

—p.102 The Economic Arguments (95) by Guy Standing
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plutocracy

In the relative sense, the precariat almost certainly loses from growth, because the gains from the sort of growth that is occurring go disproportionately if not entirely to the plutocracy, elite and salariat.

—p.74 Reducing Poverty, Inequality and Insecurity (71) by Guy Standing
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panopticon

libertarian paternalism derives from Bentham's 'panopticon', a prison design enabling prisoners to be watched by a guard at all times and their behaviour monitored. Bentham's idea was to give prisoners apparent free choice, while knowing they would be punished if they made the 'wrong' choice.

—p.56 Basic Income and Freedom (47) by Guy Standing
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Frankfurt School

The Frankfurt School psychoanalyst Erich Fromm advocated a 'universal subsistence guarantee' in a famous 1955 book, The Sane Society

—p.15 Basic Income--Its Meaning and Historical Origins (1) by Guy Standing
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