AUDIO: 1971 Wallace Klinck lecture on social credit which includes a form of BIG

Wallace Klinck, “Social Credit, Unemployment and Leisure–an address”

This 45-minute YouTube lecture discusses the economic system known as Social Credit, which includes a form of Basic Income Guarantee. The lecture was originally delivered by Wallace Klinck, in Edmonton, Alberta, Canada on March 8, 1971. The YouTude “video” includes audio and the text of the speech. It’s online at: https://www.youtube.com/watch?v=7F6h1s42vWQ

OPINION: The One Minute Case for a Basic Income

OPINION: The One Minute Case for a Basic Income

“What?  You think the government should just give everybody money?!  Regardless of whether they worked for it or not?  Regardless of whether they even need it or not?  Why do you think *that* would be a good idea?”

You are out in public.  It just came up that you support a basic income guarantee, and someone just hit you with the above incredulous questions.  Unless you are on a college campus or at an academic conference, you can probably expect your listeners’ attention to last roughly one minute before they are either intrigued and ask more questions, or they tune you out completely.  What do you say?

Well, obviously there are a lot of different reasons why people support a basic income, and so your answer will depend in part on why you personally support a basic income.  And it will also depend in part on what you think your listeners’ core beliefs are, and what may therefor persuade them.  So there cannot be just one right answer.

With that in mind, I offer the following eleven suggestions.

All of the following arguments are my own derivative summaries and reinterpretations of other people’s ideas.  The Keynesian and Georgist arguments are derived from the writings of their namesakes.  The market utilitarian case is derived from the ideas of Milton Friedman, and the independentarian case is derived from the ideas of Karl Widerquist.  I am also particularly indebted to Widerquist for inspiring the fairness case.  None of the other arguments are original, but I have sadly forgotten the individuals from whom they are borrowed.

So please feel free to use any or all of them as you see fit to promote the abolition of poverty.  They can be used in person or in speeches, in blog posts or comments, in Congressional hearings or your Facebook status, or anywhere else you see fit.  Also feel free to modify them as necessary.

And yes, I have timed myself speaking all of them, and I was able to speak each of them at a normal speaking pace in one minute or less.

The one minute fairness case for a basic income guarantee:

Property is a social construct legally enforced by the government. If all people are considered equal, then absent any other considerations, each person should have an equal amount of property. So material equality should be the default. In a free market economy with a basic income at or below the highest sustainable rate, those who choose to live off of the basic income are not living off of the work of others. Rather, they are living off of less than their “fair share” of property and allowing the extra to be used by those who choose to work.

The one minute market utilitarian case for a basic income:

The free market is the greatest generator of wealth ever devised. Money is the most effective means of socially producing utility, as it allows each individual to obtain whatever needs and wants they subjectively require. However, one dollar in the hands of a poorer person produces greater utility than a dollar in the hands of a richer person, because the richer person can fulfill more of their more important needs and wants with the rest of their money than the poorer person can. So the transfer of money from a richer person to a poorer person increases overall utility. The government is incompetent at running people’s lives or regulating the economy, but the one thing it can do effectively is mail out checks. A basic income is most effective means of transferring money from the richer to the poorer with the least government interference and the least work disincentive. The natural limit on the amount of the basic income is the point where the work disincentive from the required taxes reduces wealth the point where the basic income would have to be reduced.

The one minute Keynesian case for a basic income:

Keynesian economics works when implemented correctly. But properly implementing Keynesian economics is politically very difficult. It requires politicians who are willing to spend a lot of money on stimulus when the government appears broke, and then turn around and become deficit hawks when the government is rolling in cash and everyone wants a piece of the pie. A basic income funded primarily from an income tax would become a massive institutionalized entitlement expected by the population whose cost would automatically increase and decrease in direct opposition to the economy. As unemployment rises, the number of net receivers goes up, and as unemployment falls, so will the number of net receivers. Keynes once famously said that the government should pay people to dig holes and fill them back up again. But why waste people’s time? Anyone who sits on the couch and watches TV while living off of a basic income will contribute as much to society as the hole diggers. And anyone who does anything more productive will create a net good for society.

The one minute human rights case for a basic income:

Poverty is not a natural tragedy like cancer or earthquakes. Poverty is a human caused tragedy like slavery or government oppression. Slavery is caused by societal recognition of humans as property. Government oppression is caused by governments punishing people for their beliefs or characteristics, and without due process of law. Poverty is caused by property laws that deny some people access to necessities. These types of tragedies can be ended by recognizing that humans have the right not to be subjected to tortuous conditions imposed by other humans. Humans have a right not to live in slavery. Humans have a right to be free of government oppression. And humans have a right not to live in poverty. A basic income is not a strategy for dealing with poverty; it it the elimination of poverty. The campaign for a basic income is a campaign for the abolition of poverty. It is the abolitionist movement of the 21st century.

The one minute Georgist case for a basic income:

Property is a product of creation, not of mere use. “I made this.” confers property rights, “Tag! It’s mine!” does not. Things that exist as a product of your labor must be yours, and for anyone else to appropriate them is to make you their slave. Land and natural resources, however, are not the products of people, but of nature or God. They are gifts to all of humanity. Individual property in land and natural resources may be practical or useful, but it is still theft. Utility might justify this theft, but compensation is still required. As the appropriation was done without consent, the compensation must be in the form that offers the greatest choice of use to the victims. That form is cash. The most efficient arrangement for payment is for the takers to pay the full rental or use value to a single entity which can then divide the proceeds equally among the population. Taxes are the tribute I pay to you for displacing you from land, the basic income is your dividend.

The one minute transhumanist case for a basic income:

Two hundred thousand years ago humans lived in hunter-gather societies. About 10 thousand years ago, humans began to live in agricultural societies, and then about 300 years ago, humans began to live in industrial societies. Since 30 to 50 years ago, we have lived in a service society. Theoretically, the last economic stage of society is a leisure society, where most people either work in the artistic or scientific fields, or do not work at all. So far, each phase has lasted only a small fraction of the time of the previous phase. If that pattern holds, service societies should last less than two generations, a time period nearing its end. Right now, worker productivity is advancing faster than the need for workers, and robots are inhabiting labs in research hospitals and at DARPA. It is time to prepare for a society in which we simply do not need everyone to work. A basic income will be needed to provide a living for people, and to provide customers for business.

The one minute conservative case for a basic income:

The welfare state may not be the society we would have created, but it has been here for 4 generations, people have come to expect and rely on it, and it would be extremely disruptive to society to get rid of it. But while we may not be able to get rid of the welfare state, we can reform it. The current welfare state necessitates an immense and expensive bureaucracy, it is prohibitively complicated for some of its intended beneficiaries to navigate, it puts bureaucrats in charge of the lives of the poor, it creates perverse incentives for people to avoid work and to remain poor, and it arbitrarily allows some people to fall through the cracks. A basic income would correct all of these problems. A basic income is simple to administer, treats all people equally, retains all rewards for hard work, savings, and entrepreneurship, and trusts the poor to make their own decisions about what to do with their money, taking these decisions out of the hands of paternalistic elitist politicians.

The one minute feminist case for a basic income:

Patriarchy has put the world’s wealth in the hands of men, prevented women from being professionals and entreprenuers, forced poor women into dead-end second-class labor jobs, and forced all women to become unpaid domestic servants and caretakers of the young, elderly, and disabled of their families. Women have been forced to be financially dependent on fathers or husbands who are often abusive. A basic income would change all of this. A basic income would be a massive transfer of wealth from men to women. Women would be free of financial dependence on any man, and the young, elderly, and disabled would all be fully supported. Women could afford to leave abusive husbands, those who chose to be caretakers would be fully compensated, and no woman would be forced into a dead-end job, and would instead be able to pursue her own financial goals as she saw fit.

The one minute (right) libertarian case for a basic income:

While it may have been theoretically possible to acquire property in a just manner soon after humans evolved, none was. Every square inch of inhabited land on earth can trace its title back to someone who acquired the land by force. All land titles on Earth are soaked in blood. And not just land titles. Thanks to past government spending, targeted tax breaks, intellectual property, corporate charters, slavery, and meddling regulations, no property or wealth can be said to have been justly acquired. If we assume that those who have the least are greatest net victims, a basic income would provide the best possible rectification with the least government control, producing the least unjust system of property distribution possible in the real world.

The one minute liberal case for a basic income:

A basic income would correct or ameliorate many inequities and inefficiencies inherent in market capitalism. The wages of unskilled and semi-skilled workers would rise as those who enjoy and are good at such work will no longer have to compete against those who are forced to seek such work out of financial necessity. The wages of highly skilled workers will fall as more people are able to take the time necessary to gain the skills to compete for those jobs, lowering the cost of legal, financial, and health care services. A guaranteed income will soften the blow to workers displaced by advancing technology and the creative destruction of the market. Job seekers will be able to take the time necessary to find work that is the best fit for them, increasing efficiency in the distribution of labor. And entrepreneurship will flourish as those wanting to start their own businesses will have an income to survive on during the long lean times that typically come when building a new enterprise.

The one minute independetarian case for a basic income:

Property rights are not natural, they are a social convention. But they give each individual freedom, as the essence of property is the right to exclude others, to have a place where no one else has dominion over you. The first rule should be that each individual has inalienable ownership over her own body and mind. But carving up all of nature outside of bodies leaves some people unnaturally without the means to obtain the necessities of life. Therefore each person must also have an inalienable property right to these necessities. Society owes you a living, because society is preventing you from foraging the land to obtain the necessities of life on your own. Society could rectify this problem by letting individuals forage for necessities wherever they wish, or by giving them the land they need to survive on their own, or by providing these necessities directly. But in modern societies, the most efficient way to provide for these necessities is with direct cash payments, a basic income.

EDITORIAL: A Popular Legislative Initiative for a Guaranteed Citizenship Income in Spain

A Popular Legislative Initiative (PLI) for a Guaranteed Citizenship Income (GCI), already being presented to the network of notaries, and once to the Catalan Parliament, will start to collect signatures for the next 4 months.

Syndicalist and collective entities giving their support to the PLI will have to make an important effort in order to get at least 50,000 signatures.

The reasons of such an Initiative:

This PLI is the fruit of many months of preparation work, to be able to answer to the important crisis situation of the Jobseeker’s Allowance (JSA). Its value is only 412 euros (far under the poverty threshold) that was brought under the Mas government, on summer 2011. It allows a right be subjective and comes to be linked to the budget’s disposition. It did not actualize, depending on Consumer Price Index (CPI), is unable to exceed International Money System (IMS) and was fixed to a maximum period of 5 years to perceive it. It puts aside people with “only” unemployment matters and not showing added social difficulties, having to live at the same place for 1 or 2 years to get it. Finally, the JSA was totally mutilated by Convergence And Union’s (CiU) government from right, and despite protestations from social organisms, the social services, syndicates and other agencies were integrated in the fiscal and financial measures Law approved on the 14th of March 2011 parliamentary session.

Consequences of such a measure:

Far from improving unemployment, poverty, and social exclusion situation of this summer 2011, the poverty rate was estimated at about 25% of the population. Nearly 32% of Catalans’ families have difficulty making ends meet. Tens of thousands persons don’t have means to live. The number of persons living in the streets, under bridges, or close to cash machines increased by 32%, and the median age of homeless people dead in the street last summer was 58 years old.

Effects researched by this Initiative:

These are reasons why the PLI for a GCI is very important in this period. Red Renta Basica [the Spanish Basic Income Network) has been present since the beginning in its elaboration. Without setting any Universal Basic Income, as defended by our association, we believe this PLI is necessary in those moments of important economic depression. The proposition considerably improves the JSA that Catalan’s government has left aside. The GCI is clearly higher than existing JSA in the different Autonomous Communities, first by its ability to get back a subjective right, second by its non-arbitrariness since it is an income with for value the level of a sufficiency income in Catalonia (about 600 euros), and finally by the fact it is given during the whole time while the recipient lacks income.

(translated by Florian Martinon)

BIN Italia, Guaranteed Minimum Income, a feasible and necessary project

Reddito minimo garantito, un progetto necessario possibile [Guaranteed Minimum Income, a feasible and necessary project], Publisher: Edizioni Gruppo Abele. Release date: October 25th 2012

A large number of associations, grassroots organisations, social activists and committees have launched a campaign to propose a popular initiative bill on guaranteed minimum income in Italy. A new book (entitled Reddito minimo garantito, un progetto necessario possibile [Guaranteed Minimum Income, a feasible and necessary project]), that is the result of a research carried out by BIN Italia and funded by Provincia di Roma, aims at making its contribution to such campaign. As a matter of fact, the research looks at the experiences of guaranteed minimum income in force in many European countries, it tells about the experimentation of implementing a guaranteed minimum income in some Italian regions, and finally it suggests a possible way to implement a national law on guaranteed minimum income in Italy by making suggestions and proposals, giving insights, and providing analyses.

The current situation is that Italy, along with Greece, is the only European country not to have any universal safety net in case of unemployment or work transition. In the midst of the hardest crisis since World War II to the present, of a political and economic impasse whose end is hard to see, it now emerges with strength and determination the need to redefine the very idea of Welfare.

Figures produced and released by the Italian National Statistics and Research Agencies tell about a country that is on the brink of social disaster, a social ‘default’ that is increasingly showing the need for a new redistributive policy, and therefore, the importance of implementing a guaranteed minimum income, as also many European Resolutions demand.

The book is in Italian and has been produced by a team of researchers including Giuseppe Allegri, Giuseppe Bronzini, Sabrina Del Pico, Sandro Gobetti, Saturnino Salvagni, Luca Santini, Rachele Serino. The book Reddito minimo garantito, un progetto necessario possibile will be available in all major bookstores in Italy from October 25.

https://www.bin-italia.org/

Werner, Götz W. & al. (2012), Das Grundeinkommen: Würdigung – Wertungen – Wege…

The book comprises 25 contributions to the basic income debate, representing different scientific perspectives and an artist’s essay. All the essays are devoted to the idea of improving social and personal welfare.

The authors are convinced that the implementation of a basic income could in both quantitative and qualitative terms ­ contribute immensely to solve major social problems of our time such as unemployment, poverty, violation of human dignity, and the unequal distribution of income. Today’s labour markets draw a distorted picture of the exchange of supply and demand for work. The book presents means and options of turning today’s labour markets into well-functioning markets within a regulatory framework based on a social market economy. According to the editors the economic impact and degree of socio-political innovation of the basic income equals Bismarck’s reforms of social legalisation by the end of the 19th century. Therefore, the cover picture draws the comparison between the Copernican Turn in the 15th century and socio-political turn in the 21st.

Full references: Werner, Götz W., Eichhorn, Wolfgang & Friedrich, Lothar (eds.) (2012), Das Grundeinkommen : Würdigung – Wertungen – Wege, Karlsruhe: KIT Scientific Publishing.

Website: https://www.ksp.kit.edu/