Synopsis In a system of basic income, as elaborated by Philippe van Paijs, all citizens are given a monthly stipend sufficiently high to provide them with a no-frills, but adequate standard of living. This monthly income is universal rather than meanstested, and it is unconditional – receiving the basic income does not depend upon performing any labour services or satisfying other conditions. It affirms the idea that as a matter of basic rights, no one should live in poverty in an affluent society. In a system of stakeholder grants, as discussed by Bruce Ackerman and Anne Alstott, all citizens, […]
Full Post at www.ebay.com