Policy Press
Seven Sharing wealth, income and work
Abstract
This chapter focuses on those arguments for a basic income that see it as a potential contribution to the rebalancing of economic activity between paid and unpaid work, and between production and conservation. Market economics has followed a logic of growth and the intensification of work effort; the Third Way approach to government has reinforced these tendencies, and made individuals responsible for their security and self-development in the economy. The chapter argues that the basic income principle could allow people to make a more balanced choice of combinations of employment, self-employment, and unpaid work, both individual and collective. It could also allow them to devote more time and energy to relationships with others, which would improve their well-being.
Abstract
This chapter focuses on those arguments for a basic income that see it as a potential contribution to the rebalancing of economic activity between paid and unpaid work, and between production and conservation. Market economics has followed a logic of growth and the intensification of work effort; the Third Way approach to government has reinforced these tendencies, and made individuals responsible for their security and self-development in the economy. The chapter argues that the basic income principle could allow people to make a more balanced choice of combinations of employment, self-employment, and unpaid work, both individual and collective. It could also allow them to devote more time and energy to relationships with others, which would improve their well-being.
Chapters in this book
- Front Matter i
- Contents iii
- Acknowledgements iv
- Introduction 1
-
A moral order?
- Value, virtue and justice 23
- Snap judgements and rational choices 43
- Nature, science and cosmology 63
-
Regulation and relationship
- What is economics good for? 87
- Moral regulation: rituals, symbols and the collective conscience 109
- In search of a moral compass 129
-
The policy response
- Sharing wealth, income and work 151
- Sustaining quality of life 171
- Conclusions 191
- References 205
- Index 223
Chapters in this book
- Front Matter i
- Contents iii
- Acknowledgements iv
- Introduction 1
-
A moral order?
- Value, virtue and justice 23
- Snap judgements and rational choices 43
- Nature, science and cosmology 63
-
Regulation and relationship
- What is economics good for? 87
- Moral regulation: rituals, symbols and the collective conscience 109
- In search of a moral compass 129
-
The policy response
- Sharing wealth, income and work 151
- Sustaining quality of life 171
- Conclusions 191
- References 205
- Index 223
