Jobs as Assets
Jobs as Assets
By giving to all as high an unconditional income as possible, is one not violating liberal neutrality by favouring leisure and sanctioning consumption? One would be if the taxation needed to fund the basic income could legitimately be seen as the extraction of part of the outcome of nothing but the workers’ effort. But it cannot. Reflecting on the message of efficiency‐wage theories of unemployment leads one to view it instead as a fee on the appropriation of assets very unequally divided between us: jobs.
Keywords: assets, consumption, efficiency‐wage theories, effort, jobs, leisure, liberal neutrality, taxation, unconditional income, unemployment, unfair
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