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Technological Unemployment, Basic Income, and Wellbeing

Technological Unemployment, Basic Income, and Wellbeing PDF Author: Fabio D'Orlando
Publisher:
ISBN: 9781032313948
Category : Basic income
Languages : en
Pages : 0

Book Description
"The main novelty of the fourth Industrial Revolution is the entry of robots and Artificial Intelligence into the production process. This phenomenon could potentially generate high levels of unemployment, or even full unemployment, and therefore calls for innovative public policies. This book adopts an agnostic position on the size of the future impact of technological progress on employment, but proposes a thought experiment built on a full unemployment scenario which focuses on the consequences that these policies might have for people's wellbeing, with particular reference to the provision of a Universal Basic Income (UBI). Relying on some of the principles and models of Behavioral and Happiness Economics it is argued that implementing a UBI that does not change over time may increase wellbeing inequality. A policy mix that combines a rising basic income with other measures is therefore recommended. This book marks a significant contribution to the literature on economic policy, labor economics, the economics of wellbeing and happiness and behavioral economics"--

Technological Unemployment, Basic Income, and Wellbeing

Technological Unemployment, Basic Income, and Wellbeing PDF Author: Fabio D'Orlando
Publisher:
ISBN: 9781032313948
Category : Basic income
Languages : en
Pages : 0

Book Description
"The main novelty of the fourth Industrial Revolution is the entry of robots and Artificial Intelligence into the production process. This phenomenon could potentially generate high levels of unemployment, or even full unemployment, and therefore calls for innovative public policies. This book adopts an agnostic position on the size of the future impact of technological progress on employment, but proposes a thought experiment built on a full unemployment scenario which focuses on the consequences that these policies might have for people's wellbeing, with particular reference to the provision of a Universal Basic Income (UBI). Relying on some of the principles and models of Behavioral and Happiness Economics it is argued that implementing a UBI that does not change over time may increase wellbeing inequality. A policy mix that combines a rising basic income with other measures is therefore recommended. This book marks a significant contribution to the literature on economic policy, labor economics, the economics of wellbeing and happiness and behavioral economics"--

Technological Unemployment, Basic Income, and Well-being

Technological Unemployment, Basic Income, and Well-being PDF Author: Fabio D'Orlando
Publisher: Taylor & Francis
ISBN: 1000937577
Category : Business & Economics
Languages : en
Pages : 193

Book Description
The main novelty of the Fourth Industrial Revolution is the entry of robots and Artificial Intelligence into the production process. This phenomenon could potentially generate high levels of unemployment, or even full unemployment, and therefore calls for innovative public policies. This book adopts an agnostic position on the size of the future impact of technological progress on employment but proposes a thought experiment built on a full unemployment scenario, which focuses on the consequences that these policies might have for people’s well-being, with particular reference to the provision of a universal Basic Income (UBI). Relying on some of the principles and models of Behavioral and Happiness Economics, it is argued that implementing a UBI that does not change over time may increase well-being inequality. A policy mix that combines a rising basic income with other measures is therefore recommended. This book marks a significant contribution to the literature on economic policy, labor economics, the economics of well-being and happiness, and behavioral economics.

The Future of Work, Technology, and Basic Income

The Future of Work, Technology, and Basic Income PDF Author: Michael Cholbi
Publisher: Routledge
ISBN: 0429850123
Category : Business & Economics
Languages : en
Pages : 299

Book Description
Technological advances in computerization and robotics threaten to eliminate countless jobs from the labor market in the near future. These advances have reignited the debate about universal basic income. The essays in this collection offer unique and compelling perspectives on the ever-changing nature of work and the plausibility of a universal basic income to address the elimination of jobs from the workforce. The essays address a number of topics related to these issues, including the prospects of libertarian and anarchist justifications for a universal basic income, the positive impact of a basic income on intimate laborers such as sex workers and surrogates, the nature of "bad work" and who will do it if everyone receives a basic income, whether a universal basic income is objectionably paternalistic, and viable alternatives to a universal basic income. This book raises complex questions and avenues for future research about universal basic income and the future of work in our increasingly technological society. It will be of keen interest to graduate students and scholars in political philosophy, economics, political science, and public policy who are interested in these debates.

Raising the Floor

Raising the Floor PDF Author: Andy Stern
Publisher: Public Affairs
ISBN: 1610396251
Category : Business & Economics
Languages : en
Pages : 270

Book Description
Advances in technology are creating the next economy and enabling us to make things/do things/connect with others in smarter, cheaper, faster, more effective ways. But the price of this progress has been a decoupling of the engine of prosperity from jobs that have been the means by which people have ascended to (and stayed in) the middle class. Andy Stern, the former president of the Service Employees International Union (SEIU) spent four years traveling the country and asking economists, futurists, labor leaders, CEOs, investment bankers, entrepreneurs, and political leaders to help picture the U.S. economy 25 to 30 years from now. He vividly reports on people who are analyzing and creating this new economy--such as investment banker Steve Berkenfeld; David Cote, the CEO of Honeywell International; Andy Grove of Intel; Carl Camden, the CEO of Kelly Services; and Geoffrey Canada of the Harlem Children’s Zone. Through these stories, we come to a stark and deeper understanding of the toll technological progress will continue to take on jobs and income and its inevitable effect on tens of millions of people. But there is hope for our economy and future. The foundation of economic prosperity for all Americans, Stern believes, is a universal basic income. The idea of a universal basic income for all Americans is controversial but American attitudes are shifting. Stern has been a game changer throughout his career, and his next goal is to create a movement that will force the political establishment to take action against something that many on both the right and the left believe is inevitable. Stern’s plan is bold, idealistic, and challenging--and its time has come.

Technological Unemployment, Basic Income, and Well-being

Technological Unemployment, Basic Income, and Well-being PDF Author: Fabio D'Orlando
Publisher: Taylor & Francis
ISBN: 100093764X
Category : Business & Economics
Languages : en
Pages : 190

Book Description
The main novelty of the Fourth Industrial Revolution is the entry of robots and Artificial Intelligence into the production process. This phenomenon could potentially generate high levels of unemployment, or even full unemployment, and therefore calls for innovative public policies. This book adopts an agnostic position on the size of the future impact of technological progress on employment but proposes a thought experiment built on a full unemployment scenario, which focuses on the consequences that these policies might have for people’s well-being, with particular reference to the provision of a universal Basic Income (UBI). Relying on some of the principles and models of Behavioral and Happiness Economics, it is argued that implementing a UBI that does not change over time may increase well-being inequality. A policy mix that combines a rising basic income with other measures is therefore recommended. This book marks a significant contribution to the literature on economic policy, labor economics, the economics of well-being and happiness, and behavioral economics.

Universal Basic Income

Universal Basic Income PDF Author: Brian McDonough
Publisher: Routledge
ISBN: 1351106112
Category : Social Science
Languages : en
Pages : 159

Book Description
Universal basic income is a controversial policy which is causing a stir amongst academics, politicians, journalists and policy-makers all over the world. The idea of receiving ‘money for nothing’, with no strings attached, has for a long time appeared a crazy or radical proposal. But today, this policy is being put into practice. With more and more trials and experiments taking place in different countries, this book provides both the theory and context for making sense of different basic income approaches, examining how the policy can be best implemented. Unlike many other texts written on this topic, the book provides a balanced account of basic income, weighing up the pros and cons from a number of different positions. The book provides a theory chapter, enabling readers to grasp some of the complex philosophical ideas and concepts which underpin universal basic income, such as social justice, equality and freedom. It also provides an examples chapter, which examines both historical and contemporary basic income studies to have taken place from around the globe. The book also features chapters on the environment and the work of women, as well as an ‘against’ universal basic income chapter, which specifically draws on the criticisms of the policy. This volume is an essential resource for anyone who wishes to get to grips with universal basic income.

Participation Income

Participation Income PDF Author: Hiilamo, Heikki
Publisher: Edward Elgar Publishing
ISBN: 1800880804
Category : Political Science
Languages : en
Pages : 185

Book Description
This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com. This innovative book provides the first in-depth analysis of participatory income and its potential role in countering endemic poverty and unemployment in high-income countries. Heikki Hiilamo reviews the concept of basic income and specific basic income experiments before presenting participatory income as a viable alternative in the fight against poverty.

Living Standards and Social Well-Being

Living Standards and Social Well-Being PDF Author: Deborah M. Figart
Publisher: Routledge
ISBN: 1317983327
Category : Business & Economics
Languages : en
Pages : 182

Book Description
Too many of the world’s citizens face impoverished living standards. The economic and financial crises have made matters worse. The viewpoint of Living Standards and Social Well-Being is that the fundamental objective for an economy is provisioning, not simply efficiency. The chapters in this volume examine how economies across the globe come to understand what constitutes a living and how they can improve living standards, including balancing paid work with family life and civic responsibility. The authors provide historical, theoretical, and empirical studies of moving economies at the macro level and households at the micro level toward improved living standards. It is argued that achieving well-being and decent living standards, through work and welfare state policies, is a social responsibility. Such improvements could be delivered through basic income policies, family support, job guarantees, decent work, shorter work weeks, and support from social welfare. These issues are important for economics and the other social sciences and in particular for social economics. This book was published as a special issue of the Review of Social Economy.

Universal Basic Income

Universal Basic Income PDF Author: Philip Hugh
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

Book Description
We are in the midst of the 4th Industrial Revolution led by Robots, Artificial Intelligence (AI) and Software, displacing millions of workers from their jobs. The truth is that million more jobs are being lost than created. Massive unemployment could well be the future. Is UBI inevitable, a solution that has to be implemented? Hopefully this book in laying out the pros and cons will make us think more deeply into the subject.

Universal Basic Income

Universal Basic Income PDF Author: Matt Zwolinski
Publisher: Oxford University Press
ISBN: 0197556256
Category : Business & Economics
Languages : en
Pages : 257

Book Description
From Finland to Kenya to Stockton, California, more and more governments and private philanthropic organizations are putting the idea of a Universal Basic Income to the test. But can the reality live up to the hype? The motivating idea of a Universal Basic Income (UBI) is radically simple: give people cash and let them do whatever they want with it. But does this simple idea have the potential to radically transform our society? Is a UBI the ultimate solution to the problem of poverty? Is it the solution to automation-induced unemployment? Can it help solve gender and racial inequality? This book provides the average citizen with all the information they need to understand current debates about the UBI. It recounts the history of the idea, from its origins in the writings of 18th century radical intellectuals to contemporary discussions centered on unemployment caused by technological advances such as artificial intelligence. It discusses current pilot programs in the United States and around the world, including how much (or little) we can learn from such experiments about how a large-scale UBI would fare in the real world. It explores both the promises and pitfalls of a UBI, taking seriously the arguments of both supporters and detractors. It also explains why the UBI has attracted supporters from all across the ideological spectrum--from conservatives to liberals, libertarians to socialists--and what the implications of this fact are for its political future. How much would a UBI cost? Who would be eligible to receive it? Would it discourage work? Would people squander it on drugs and alcohol? Would it contribute to inflation? And how is it different from existing social welfare programs? This book provides an objective, expert guide to these questions and more, and is essential reading for anyone seeking to understand what could be the 21st century's most important public policy debate.