Insecurity is the problem, universal basic income part of the solution
One of BIEN’s founders, Philippe Van Parijs, has published a review of new book by a distinguished Indian economist, Pranab Bardhan. Bardhan argues that insecurity and not inequality is the source of our worldwide democratic malaise. And in poor countries even more than in rich ones a basic income is required in order to reduce not poverty but insecurity.
Van Parijs concludes: “Whether in India, Europe or America, Bardhan does not claim that basic income constitutes a magic potion to guarantee security, let alone a magic bullet to kill populism. But it is part of the battery of security-enhancing policies that are needed if the root causes of the worldwide disenchantment with democracy are to be addressed.”
To read the review, click here.
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