FRANCE: Thomas Piketty, “Basic income or fair wage?”
(Image Credit: Le Monde)
Thomas Piketty, Professor in the Paris School of Economics and author of Capital in the 21st Century, in his blog (in Le Monde) reports “there is a degree of consensus in France” on the provision of a minimum income. French citizens are for it.
For the minimum income, Piketty says disagreements exist around the amount. The consensus for the provision of a basic income is seen in “numerous other European countries,” Picketty claims. Piketty notes the problem with discussions about basic income is the “real issues” are not explored and can represent “social justice on the cheap.”
“The question of justice is not simply a matter of 530 Euros or 800 Euros a month,” Picketty said, “If we wish to live in a fair and just society we have to formulate more ambitious objectives.”
Piketty said, “The debate on basic income has at least one virtue, namely that of reminding us that there is a degree of consensus in France on the fact that everyone should have a minimum income.”
In a previous interview, Piketty supported some arguments for a basic income (financing access to basic goods) and remained skeptical about other arguments (substitute for basic goods) for a basic income.
Read the full article here:
Thomas Piketty, “Basic income or fair wage?“, Le Monde, December 13th, 2016