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Basic Income and Social Value

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  • Jordan Bill

    (University of Plymouth)

Abstract

This article suggests that the justification of basic income should take account of the evidence of a divergence between growing incomes and stagnating subjective well-being (SWB) in the affluent countries. It argues that this implies taking the debate outside the orthodox model of economic development and the strict methodological individualism adopted by Van Parijs and others. This demands more attention to social relations and an analysis in terms of the production of social value rather than utility and culture rather than contract.

Suggested Citation

  • Jordan Bill, 2010. "Basic Income and Social Value," Basic Income Studies, De Gruyter, vol. 5(2), pages 1-19, December.
    • Handle: RePEc:bpj:bistud:v:5:y:2010:i:2:n:5
    DOI: 10.2202/1932-0183.1140
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    References listed on IDEAS

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    1. Patrick Bolton & Mathias Dewatripont, 2005. "Contract Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262025760, December.
    2. Bruno S. Frey, 2018. "Economics of Happiness," SpringerBriefs in Economics, Springer, number 978-3-319-75807-7, October.
    3. Lane,Robert E., 1991. "The Market Experience," Cambridge Books, Cambridge University Press, number 9780521407373, November.
    4. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1, July.
    5. Frey, Bruno S & Stutzer, Alois, 2000. "Happiness, Economy and Institutions," Economic Journal, Royal Economic Society, vol. 110(466), pages 918-938, October.
    6. Gui,Benedetto & Sugden,Robert (ed.), 2005. "Economics and Social Interaction," Cambridge Books, Cambridge University Press, number 9780521848848, November.
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    Cited by:

    1. Andrea Rucska & Csilla Lakatos, 2021. "Population Stress Reactions in North-East Hungary during the Pandemic," European Journal of Marketing and Economics Articles, Revistia Research and Publishing, vol. 4, January -.
    2. Palermo Kuss Ana Helena & Neumärker K. J. Bernhard, 2018. "Modelling the Time Allocation Effects of Basic Income," Basic Income Studies, De Gruyter, vol. 13(2), pages 1-15, December.

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