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Why we need a Citizen's Basic Income$
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Malcolm Torry

Print publication date: 2018

Print ISBN-13: 9781447343158

Published to Policy Press Scholarship Online: January 2019

DOI: 10.1332/policypress/9781447343158.001.0001

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Reducing poverty and inequality

Reducing poverty and inequality

Chapter:
(p.81) Six Reducing poverty and inequality
Source:
Why we need a Citizen's Basic Income
Author(s):

Malcolm Torry

Publisher:
Policy Press
DOI:10.1332/policypress/9781447343158.003.0006

This chapter discusses the ways in which a Citizen's Basic Income would reduce poverty and inequality. It first considers how the word ‘poverty’ makes the measurement of the extent of poverty problematic, and suggests an alternative definition that focus on removing the barriers to social inclusion. It then explains how a Citizen's Basic Income scheme could reduce poverty at the point of implementation and how it could also help to repair social rifts and thus the deeper social structures that generate income inequality and other inequalities. It also examines the redistributional effects of a Citizen's Basic Income, and more specifically how it would change the ways in which income is redistributed. In addition to its impact on income redistribution, the chapter shows how a Citizen's Basic Income would lead to a redistribution of the ability to raise one's net income without causing too much burden on high-earning households.

Keywords:   poverty, inequality, social inclusion, Citizen's Basic Income, income inequality, redistributional effects, income redistribution, net income

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