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Basic Capital in the Egalitarian Toolkit?

Abstract:
Under a basic capital grant policy (BC), every citizen receives a large capital grant as a right, typically in their early adulthood. Is BC part of the institutional framework of a just economy? Starting from John Rawls’s discussion of just economic systems, the paper clarifies Rawls’s reasons for thinking we need to complement welfare state policies with property-owning democracy and/or liberal socialist policies. It then seeks to clarify the grounds specifically for BC as a particular policy of the property-owning democracy type, and considers in depth what it adds to a policy of basic income (a uniform, universal and unconditional income grant paid to all, possibly in some part as a share of the return on publicly-owned wealth).
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1111/japp.12129

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Institution:
University of Oxford
Division:
SSD
Department:
Politics & Int Relations
Role:
Author


Publisher:
Wiley
Journal:
Journal of Applied Philosophy More from this journal
Volume:
32
Issue:
4
Pages:
417-431
Publication date:
2015-11-01
Acceptance date:
2015-04-21
DOI:
EISSN:
0264-3758
ISSN:
0264-3758


Keywords:
Pubs id:
pubs:585933
UUID:
uuid:7c14b777-95af-428d-a6f4-2ea87b99e878
Local pid:
pubs:585933
Source identifiers:
585933
Deposit date:
2016-04-05
ARK identifier:

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