Philippe Van Parijs 152x166 The Euro Dividend

In this short article, Philippe Van Parijs proposes a Euro-dividend, which he describes as “one, simple and radical, yet … reasonable and urgent” proposal. The Euro-dividend is a modest basic income for every legal resident of the European Union. According to Van Parijs, “This income provides each resident with a universal and unconditional floor that can be supplemented at will by labour income, capital income and social benefits. Its level can vary from country to country to track the cost of living, and it can be lower for the young and higher for the elderly.”

Van Parijs is a professor at the Catholic University of Louvain, Belgium and the author Real Freedom for All: what (if anything) can justify capitalism.

Van Parijs, Philippe, “The Euro-Dividend,” Social Europe Journal, July 3, 2013