BASIC INCOME AS A SOCIALIST PROJECT

Author: 

Professor Erik Olin Wright

Most discussions of basic income revolve around two clusters of issues: first, the normative implications of basic income for various conceptions of justice, and second, the pragmatic problems of the sustainability of basic income given a range of economic considerations including such things as effects on tax rates, incentives, labor markets, and so on. These are obviously important issues, but I want to explore a different sort of question: In what ways can a guaranteed basic income be considered part of a broad socialist challenge to capitalism? View More