Economist Daniel Raventós’s book Basic Income: The Material Conditions of Freedom has now been published in Korean.

The book addresses common questions such as the following: “Is a basic income just?” “Why would an unconditional basic income be more effective at combating poverty than means-tested benefits?” “How can a basic income be financed?” “How would work be affected by a basic income?”

The first version of the book (El derecho a la existencia: La propuesta del Subsidio Universal Garantizado) was published in Spanish in 1999. An updated version was published in both Spanish and English in 2007, and a Czech edition was published in 2014.

As he describes in the book’s preface, Raventós’s visit to Seoul for BIEN’s 16th Congress affirmed his interest in promoting basic income in South Korea:

corean“One of the highlights of my trip to South Korea was a meeting requested by Lee Jae-myung, mayor of the city of Seongnam and Korean translator of this book. This was most agreeable and instructive and Lee Jae-myung’s account of what he thought were the possibilities for basic income in South Korea convinced me of his deep knowledge of the proposal. My visit to Seoul was certainly very useful for me and also, I hope, for making basic income better known in South Korea.

“It is my heartfelt wish that this book, now available in Korean, will contribute towards greater knowledge of basic income among Korean speakers. I am grateful to Chaekdam for publishing it and would be delighted if South Korea were soon among the countries where basic income enjoys widespread support. I say I would be delighted because, to paraphrase the great Thomas Paine, we fight for basic income not as a matter of charity but of justice.”

The preface of Basic Income: The Material Conditions of Freedom is viewable online (in English), and a complete copy of the book is available as a free pdf download.

Daniel Raventós is a Professor at the University of Barcelona and president of BIEN’s Spanish affiliate, Red Renta Básica.

Reviewed by Julen Bollain

Korean fish market photo CC BY 2.0 Ryan Bodenstein

About Kate McFarland

Kate McFarland has written 512 articles.

Former lead writer and editor of Basic Income News.