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The Foundations and Funding of Basic Income as Primary Income

Author

Listed:
  • Jean-Marie Monnier

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Carlo Vercellone

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

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 labour. This conception of basic income as primary income completes ethical and social justifications of BI. Our argumentation is structured in two fully interconnected parts. After an overview of cognitive capitalism, the first part is dedicated to the main foundations of our proposal of basic primary income (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

  • Jean-Marie Monnier & Carlo Vercellone, 2014. "The Foundations and Funding of Basic Income as Primary Income," Post-Print hal-01097518, HAL.
    • Handle: RePEc:hal:journl:hal-01097518
    DOI: 10.1515/bis-2013-0012
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    Citations

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    Cited by:

    1. Major Aaron, 2016. "Affording Utopia: The Economic Viability of “A Capitalist Road to Communism”," Basic Income Studies, De Gruyter, vol. 11(2), pages 75-95, December.
    2. Jean-Marie Monnier & Carlo Vercellone, 2017. "Basic income as primary income [Le revenu de base comme revenu primaire]," Post-Print hal-01486202, HAL.
    3. Jeon, Heesang, 2015. "Knowledge and Contemporary Capitalism in Light of Marx's Value Theory," Thesis Commons g5njk, Center for Open Science.
    4. Haagh Louise, 2015. "Alternative Social States and the Basic Income Debate: Institutions, Inequality and Human Development," Basic Income Studies, De Gruyter, vol. 10(1), pages 45-81, June.

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