by
Guy Standing
23
Basic Income as Social Justice
0
terms
2
notes
31
The standard objection to the social dividend rationale for a basic income is that no individual has a right to a share of inherited social wealth because they have done nothing to 'deserve' it. In that case, following the same logic, private inheritance should also be abolished. If private inheritance is allowed, then the principal of social inheritance should be too.
very much agreed here
The standard objection to the social dividend rationale for a basic income is that no individual has a right to a share of inherited social wealth because they have done nothing to 'deserve' it. In that case, following the same logic, private inheritance should also be abolished. If private inheritance is allowed, then the principal of social inheritance should be too.
very much agreed here
32
[...] His personal technical contribution built on a stream of inventions and ideas of others, yet he has gained most of the income attributable to those inventions and ideas as well as his own. And that income in turn is based on the lengthy monopoly he enjoys on Microsoft software and other products, thanks to patent and copyright laws that were vastly strengthened globally by the World Trade Organization in 1995. He was thus helped to gain his fortune by state and international regulations, rather than by his individual endeavour alone. His income is based largely not on 'merit' or 'hard work' but on artificial rules privileging a particular way of gaining income.
More often than not, individual wealth owes more to luck, laws and regulations, inheritance or fortunate timing than to individual brilliance. Leaving aside fortunes criminally obtained, many people have become rich through the commercial plunder of the commons that belong to all, and through rental income derived from the commercialization and privatization of public services and amenities. This is further justification for taxing rental income to give everybody a social dividend, a share of socially created wealth.
preach (though Slavoj Zizek's take on this, in note 1072, is way more metal)
on IP law underpinning success of companies like MS (though note that it's a bit diff for goog, fb, apple - not really IP law but rather lack of access to source code)
[...] His personal technical contribution built on a stream of inventions and ideas of others, yet he has gained most of the income attributable to those inventions and ideas as well as his own. And that income in turn is based on the lengthy monopoly he enjoys on Microsoft software and other products, thanks to patent and copyright laws that were vastly strengthened globally by the World Trade Organization in 1995. He was thus helped to gain his fortune by state and international regulations, rather than by his individual endeavour alone. His income is based largely not on 'merit' or 'hard work' but on artificial rules privileging a particular way of gaining income.
More often than not, individual wealth owes more to luck, laws and regulations, inheritance or fortunate timing than to individual brilliance. Leaving aside fortunes criminally obtained, many people have become rich through the commercial plunder of the commons that belong to all, and through rental income derived from the commercialization and privatization of public services and amenities. This is further justification for taxing rental income to give everybody a social dividend, a share of socially created wealth.
preach (though Slavoj Zizek's take on this, in note 1072, is way more metal)
on IP law underpinning success of companies like MS (though note that it's a bit diff for goog, fb, apple - not really IP law but rather lack of access to source code)