Social Dividend Versus Basic Income Guarantee in Market Socialism

  title={Social Dividend Versus Basic Income Guarantee in Market Socialism},
  author={John Marangos},
  journal={International Journal of Political Economy},
  pages={20 - 40}
  • John Marangos
  • Published 2004
  • Economics
  • International Journal of Political Economy
The collapse of “socialism” in Eastern Europe and the Soviet Union, though hardly irrelevant for the socialist cause, does not prove what so many think it does (Schweickart 1993: iv). According to the market socialists, the collapse of centrally administered socialism should not have been interpreted as the exhaustion of all egalitarian prospects or a failure of untried forms of socialism, especially market socialism; socialism is not Stalinism. The failure of centrally administered socialism… Expand
Universal Basic Income: The Last Bullet in the Darkness
Universal Basic Income (UBI) has recently been gaining traction. Arguments exist on both sides in favor of and against it. Like any other financial tool, UBI can be useful if used with discretion.Expand
Concept of Universal Basic Income and its Feasibility in India
Universal Basic Income or UBI is seen as a form of social security. UBI is a powerful idea and would be more effective at combating poverty than existing state benefits according to the India’sExpand
More and better jobs in a low carbon future : Provocations and possibilities
Steve Shelley, 'More and better jobs in a low carbon future: provocations and possibilities', paper presented at the 35th International Labour Process Conference: Reconnecting work and politicalExpand


A future for socialism
Many people point to recent events-the collapse of the Soviet Union, the electoral defeat of the Sandinistas-as proof that capitalism has triumphed over socialism once and for all. In A Future forExpand
Economic Justice: The Market Socialist Vision
This volume thoroughly examines the case for democratic market socialism in light of both the real-world and intellectual history of socialism. James Yunker provides a clear and jargon-free accountExpand
Market Socialism: A Case for Rejuvenation
In this paper, we will outline a feasible economic mechanism of "competitive socialism." Our claim is that competitive markets are necessary to achieve an efficient and vigorous economy, but thatExpand
Egalitarian Perspectives: Essays in Philosophical Economics
Introduction Part I. Exploitation: 1. Exploitation, alternatives, and socialism 2. Property relations vs. surplus value in Marxian exploitation 3. Should Marxists be interested in exploitation? 4.Expand
Would Democracy Survive under Market Socialism?
Many opponents of socialism believe that it is likely to endanger political democracy. Professor Yunker argues here that this need not happen under pragmatic market socialism. He proposesExpand
The economic theory of socialism and the labour-managed firm : markets, socialism and labour management
Economic calculation in socialism socialism and market - Lange's contribution and Marxist theory liberalist criticisms of the Lange model socialism with autonomous firms on the taxonomy of economicExpand
Is socialism economically feasible? An analysis interms of historical materialism∗
The argument of this article is easily stated if the propositions of historical materialism are true the feasibility of socialism is seriously in doubt. Section 1 outlines what is meant by historialExpand
The Strategic Role of Party Ideology When Voters Are Uncertain about How the Economy Works
A continuum of voters, indexed by income, have preferences over economic outcomes. Two political parties each represent the interests of given constituencies of voters: the rich and the poor.Expand
Why Surfers Should Be Fed - the Liberal Case for An Unconditional Basic Income
In this article, Van Parijs advocates unconditional basic income. According to his stance, this form of income transfer, which corresponds to a subsidy paid to all citizens regardless of theirExpand
A failure to communicate: what (if anything) can we learn from the negative income tax experiments?
The U.S. and Canadian governments conducted five negative income tax experiments between 1968 and 1980. The labor market findings of these experiments were an advance for understanding the effects ofExpand