Streams, Grants and Pools: Stakeholding, Asset-Based Welfare and Convertibility
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Tony Fitzpatrick
Many recent policy-related debates have centred on the possibility of constructing post–social insurance and post–means tested forms of income provision. Such asset-based welfare and stakeholding proposals have included Basic Income (BI) and some form of endowment or Capital Grant (CG) scheme. Although the differences between these systems are certainly real, and present us with distinct policy options, they are often overstated. This article has two objectives, therefore – the first of which is to identify the key similarities and differences between BI and CGs, and to argue the case for a partial, non-time-limited and unconditional BI. Second, this article reviews the issue of convertibility, i.e., the main normative questions to consider when designing a system permitting the mortgaging of income streams into lump-sum grants or pools.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Articles in the same Issue
- Front Matter
- Content
- From the Editors
- List of Contributors
- Research Article
- A NAFTA Dividend: A Guaranteed Minimum Income for North America
- Why Left Reciprocity Theories Are Inconsistent
- Streams, Grants and Pools: Stakeholding, Asset-Based Welfare and Convertibility
- Research Note
- Targeting Benefit Levels to Individuals or Families?
- A Monetary Reformist Road to Universal Basic Income
- Debate
- Basic Income and Labour Market Conditions: Insights from Argentina
- Basic Income and Employment in Brazil
- From Survival to Decent Employment: Basic Income Security in Namibia
- The Inconsequentiality of Employment Disincentives: Basic Income in South Africa
- Basic Income, Occupational Freedom and Antipoverty Policy
- Book Review
- Review of John W. Hughes, Major Douglas: The Policy of a Philosophy
- Review of Keith Dowding, Jurgen De Wispelaere, and Stuart White, The Ethics of Stakeholding
- Review of Guy Standing, Income Security as a Right: Europe and North America
- Review of Stuart White, The Civic Minimum: On the Rights and Obligations of Economic Citizenship
Articles in the same Issue
- Front Matter
- Content
- From the Editors
- List of Contributors
- Research Article
- A NAFTA Dividend: A Guaranteed Minimum Income for North America
- Why Left Reciprocity Theories Are Inconsistent
- Streams, Grants and Pools: Stakeholding, Asset-Based Welfare and Convertibility
- Research Note
- Targeting Benefit Levels to Individuals or Families?
- A Monetary Reformist Road to Universal Basic Income
- Debate
- Basic Income and Labour Market Conditions: Insights from Argentina
- Basic Income and Employment in Brazil
- From Survival to Decent Employment: Basic Income Security in Namibia
- The Inconsequentiality of Employment Disincentives: Basic Income in South Africa
- Basic Income, Occupational Freedom and Antipoverty Policy
- Book Review
- Review of John W. Hughes, Major Douglas: The Policy of a Philosophy
- Review of Keith Dowding, Jurgen De Wispelaere, and Stuart White, The Ethics of Stakeholding
- Review of Guy Standing, Income Security as a Right: Europe and North America
- Review of Stuart White, The Civic Minimum: On the Rights and Obligations of Economic Citizenship
