M. Oliver Heydorn, “The (Big!) Difference Between a 'Basic Income' and the National Dividend”

[Josh Martin]

Heydorn writes from the perspective of those enamored with the idea of a Social Credit proposal for a National Dividend.  In this blog post he outlines the differences between such a dividend and a basic income.  First, he acknowledges the structural differences.  While a basic income is fixed at a level, the dividend would be fixed to productivity: no productivity, no dividend.  Secondly, he claims that the purpose of the basic income is to achieve full employment, while the dividend is supposed to encourage leisure.  Lastly, Heydorn says a basic income would be financed through currently in place means, but a dividend should be issued by a newly created National Credit Office.  For these reasons M. Olver Heydorn argues that those in favor of the Social Credit should hesitate to support a basic income and should instead seek to convince basic income supporters to join them instead.

M. Oliver Heydorn, “The (Big!) Difference Between a ‘Basic Income’ and the National Dividend”, Socred.org, 30 October 2014.

Christopher Balfour, Learning from Difference.

This book is a personal and family memoir, of Christopher Balfour—youth employment officer, independent councilor, writer, mechanic, octogenarian, and long-term basic income advocate. The book discusses British industrial self destruction and contains a plea for less inequality. It describes the author’s involvement with the Citizen’s income concept when he was involved in Politics and with the Youth Employment Service in the 1970s. The final chapter sums up its value based on the Balfour’s experience since 1970.

Christopher Balfour, Learning from Difference. Tricorn Books. 2014.

See also the author’s website.

Learning from Difference

Learning from Difference