Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

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7 years, 10 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 Basic Income: And How We Can Make It Happen The Alternatives (185) by Guy Standing
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7 years, 10 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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7 years, 10 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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7 years, 10 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
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7 years, 10 months ago

problems with means-testing

First, measuring income is complicated and involves arbitrary cut-off rules. Taking and 'wealth' into account encourages dis-saving, which reduces resilience at times of financial stress.

Second, applying means tests entails high costs, both for the administration and for claimants who must…

—p.194 The Alternatives (185) by Guy Standing