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Conclusion: The Greater of Two Goods

In: The Problem of Property

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  • Karl Widerquist

    (Georgetown University in Qatar)

Abstract

A UBIUniversal Basic Income (UBI)-supported, voluntary-participation economyVoluntary-participation economy is not UtopiaUtopia, but it would be a fundamental change in the goals or activities of the economy. It does not make the economy fully fair or completely just, but it does something for you. It protects you from abject povertyPoverty and propertylessnessPropertyless/propertylessness. Once a sufficiently large UBIUniversal Basic Income (UBI) (and a good housing policy) are in, no one in your society is unable to afford a home. No one must search for food in other people’s garbage cans. No one is forced to accept the terms and goals of participation dictated by the people who control external assetsExternal asset(s). A few people refuse to participate at all. Some of them use UBIUniversal Basic Income (UBI) to start alternative communities; others use it to get their lives together. But most people do participate. They accept the arbitrariness and the unfairness inherent to the economy, but they accept it as free people, not as subjects who are effectively born into servitude.

Suggested Citation

  • Karl Widerquist, 2023. "Conclusion: The Greater of Two Goods," Exploring the Basic Income Guarantee, in: The Problem of Property, chapter 7, pages 121-124, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-3-031-21948-1_7
    DOI: 10.1007/978-3-031-21948-1_7
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