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The Foundations and Funding of Basic Income as Primary Income

Author

Listed:
  • Monnier Jean-Marie

    (Centre d’économie de la Sorbonne, CNRS, 75794 Paris cedex 16, France University Paris 1 Panthéon-Sorbonne, 106, Bd de l’Hôpital, Paris 75013, France)

  • Vercellone Carlo

    (Centre d’économie de la Sorbonne, CNRS, 75794 Paris cedex 16, France University Paris 1 Panthéon-Sorbonne, 106, Bd de l’Hôpital, Paris 75013, France)

Abstract

The thesis of cognitive capitalism leads to a radical reform of the distribution of wealth. A basic primary income (BPI) scheme is the keystone of such reform. This paper shows that the justification of a BPI can also be founded on a re-examination of the notion of productive labor linked to the rise of the cognitive dimension of labor. This conception of basic income as primary income completes ethical and social justifications of BI. Our argumentation is structured in two connected parts. After an overview of cognitive capitalism, the first part is dedicated to the main foundations of our proposal of BPI. The second part concerns the articulation between our proposal for BPI and the modalities of funding one. We explain how the question of funding BPI is closely linked to its theoretical justifications.

Suggested Citation

  • Monnier Jean-Marie & Vercellone Carlo, 2014. "The Foundations and Funding of Basic Income as Primary Income," Basic Income Studies, De Gruyter, vol. 9(1-2), pages 59-77, December.
    • Handle: RePEc:bpj:bistud:v:9:y:2014:i:1-2:p:59-77:n:1
    DOI: 10.1515/bis-2013-0012
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    References listed on IDEAS

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    18. Carlo Vercellone, 2008. "The new articulation of wages, rent and profit in cognitive capitalism," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00265584, HAL.
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