Abstract
Global GDP is more than 100 trillion dollars, yet 10 % of the world’s population still live in extreme poverty on less than $1.90 per day. No one should have to live like that: alleviating poverty is a minimal moral obligation implied by nearly every secular and religious moral system. Unfortunately, neither economic growth nor conventional international aid can be relied upon to fulfil this obligation. A global basic income programme that transferred $1 per day from the rich world to each poor person would eliminate extreme poverty directly and at negligible cost. It is the least we should do.
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Articles in the same Issue
- Research Articles
- Basic Income, Wages, and Productivity: A Laboratory Experiment
- How Much Does Basic Income Cost? Modelling Basic Income as Universal Life Annuity
- Exploring the Health Case for Universal Basic Income: Evidence from GPs Working with Precarious Groups
- BIS Essay Prize Winner for 2017
- Just End Poverty Now: The Case for a Global Minimum Income
- Book Reviews
- Peter Barnes: With Liberty and Dividends for All. How to Save Our Middle Class When Jobs Don’t Pay Enough
- Review of Basic Income: And How We Can Make It Happen, Guy Standing (Pelican, London 2017)
- Evelyn Forget: Basic Income for Canadians: The key to a healthier, happier, more secure life for all
Articles in the same Issue
- Research Articles
- Basic Income, Wages, and Productivity: A Laboratory Experiment
- How Much Does Basic Income Cost? Modelling Basic Income as Universal Life Annuity
- Exploring the Health Case for Universal Basic Income: Evidence from GPs Working with Precarious Groups
- BIS Essay Prize Winner for 2017
- Just End Poverty Now: The Case for a Global Minimum Income
- Book Reviews
- Peter Barnes: With Liberty and Dividends for All. How to Save Our Middle Class When Jobs Don’t Pay Enough
- Review of Basic Income: And How We Can Make It Happen, Guy Standing (Pelican, London 2017)
- Evelyn Forget: Basic Income for Canadians: The key to a healthier, happier, more secure life for all