Basic income from the perspective of Michal Kalecki's political economy Cover Image

Dochód podstawowy z perspektywy ekonomii politycznej Michała Kaleckiego
Basic income from the perspective of Michal Kalecki's political economy

Author(s): Maciej Szlinder
Subject(s): Philosophy, Welfare systems, Political economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: basic income; Michal Kalecki; effective demand; GDP; employment; reproduction schemes; socialism

Summary/Abstract: The main objective of the article is to investigate the potential influence of basic income on the economy, especially Gross Domestic Product. The author uses Michat Kalecki's reproduction schemas and relations between fundamental macroeconomic factors in national economy (like GDP, the share of profits/wages, the amount of the budget deficit, private investment etc.) to verify objections against basic income made by Michel Husson: problem with financing, accusations of causing potential increase in social inequalities and reducing workers' wages. At the end of the paper some conditions under which implementing basic income can be beneficial are made and some political obstacles are indicated.

  • Issue Year: 2013
  • Issue No: 30-31
  • Page Range: 87-106
  • Page Count: 1
  • Language: Polish