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Reducing inequality - and a general conclusion

In: Liberal Solidarity

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Abstract

The reduction of inequality is central to liberal solidarity. It is essential to expand education and training so that, in an increasingly knowledge intensive society, everyone has a chance of skilled and fulfilling work. Job guarantee schemes may be less suited for a highly differentiated workforce in a complex economy. A guaranteed basic income is an important proposal that allows for freedom of agency and individual choice. Prominent criticisms of a basic income are rebutted. The alternative proposal of an expansion of basic services is also worthy of some experimentation, but there would be problems in over-reliance on state bureaucracy. Thomas Paine’s proposal for taxes on inheritance combined with grants to individuals reaching the age of maturity is still relevant and commendable. Other forms of wealth tax, including a land tax, should also be considered. The chapter concludes with a consideration of the future of liberal capitalism.

Suggested Citation

  • ., 2021. "Reducing inequality - and a general conclusion," Chapters, in: Liberal Solidarity, chapter 11, pages 228-250, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20515_11
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    Cited by:

    1. Keck, Felix & Jütte, Silke & Lenzen, Manfred & Li, Mengyu, 2022. "Assessment of two optimisation methods for renewable energy capacity expansion planning," Applied Energy, Elsevier, vol. 306(PA).
    2. Schleper, Martin C. & Blome, Constantin & Stevenson, Mark & Thürer, Matthias & Tusell, Iu, 2022. "When it’s the slaves that pay: In search of a fair due diligence cost distribution in conflict mineral supply chains," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    3. Berry, Christopher & Douglas Hoffman, K., 2023. "Communicating intent: Effects of employer-controlled tipping strategy disclosures on tip amount and firm evaluations," Journal of Business Research, Elsevier, vol. 160(C).
    4. Khalil, Mary & Northey, Gavin & Septianto, Felix & Lang, Bodo, 2022. "Hopefully that’s not wasted! The role of hope for reducing food waste," Journal of Business Research, Elsevier, vol. 147(C), pages 59-70.
    5. Rezaeimozafar, Mostafa & Monaghan, Rory F.D. & Barrett, Enda & Duffy, Maeve, 2022. "A review of behind-the-meter energy storage systems in smart grids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 164(C).
    6. Jared Carlberg, 2021. "Interprovincial Trade Barriers in Canada: Options for Moving Forward," SPP Briefing Papers, The School of Public Policy, University of Calgary, vol. 14(23), October.

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