Participation Income
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Participation Income
Participation income (PI) is a method of delivering unemployment benefits by creating socially useful but non-commercial employment opportunities. It is similar to Universal Basic Income in that everyone enjoys a measure of financial security, but obliges claimants to actively engage in socially desirable projects as temporary or contract employees of the social welfare entity. They draw basic wages according to their attendance record with bonuses for notable achievements. It differs from workfare in that it is a voluntary, albeit highly incentivized, occupational proposal which respects the human dignity of participants and could reduce clinical depression and the risk of suicide in situations of vulnerability. The model The original participation income model (PI) was proposed by Tony Atkinson a researcher at Nuffield College, Oxford around 1996 but would have been administratively cumbersome and possibly in contravention of human rights UDHR Article 4 (forced labour). Re ...
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Unemployment Benefits
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployment, unemployed people. In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens. Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary. Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own, and often on conditions ensuring that they seek work. In British English unemployment benefits are also colloquially referred to as "the dole"; receiving benefits is informally called "being on the dole". "Dole" here is an archaic expression meaning "one's allotted portion", from the synonymous Old English word ''dāl''. History The first modern u ...
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Productivism
Productivism or growthism is the belief that measurable Productivity (economics), productivity and economic growth, growth are the purpose of human organization (e.g., work), and that "more production is necessarily good". Critiques of productivism center primarily on the Planetary boundaries, limits to growth posed by a finite planet and extend into discussions of human procreation, the work ethic, and even alternative energy production. Arguments for productivism Although productivism is often meant pejoratively as a general problem in politics and economics, most countries and economies are productivist in nature. While critics of productivism and its political-economic variants, notably capitalism and socialism, challenge the notions of conventional political economy and argue for an economic policy more compatible with humanity, these views are often dismissed as utopian by economists and political scientists, who hold that there is no conflict between the roles of the wor ...
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Welfare Economics
Welfare economics is a branch of economics that uses microeconomic techniques to evaluate well-being (welfare) at the aggregate (economy-wide) level. Attempting to apply the principles of welfare economics gives rise to the field of public economics, the study of how government might intervene to improve social welfare. Welfare economics also provides the theoretical foundations for particular instruments of public economics, including cost–benefit analysis, while the combination of welfare economics and insights from behavioral economics has led to the creation of a new subfield, behavioral welfare economics. The field of welfare economics is associated with two fundamental theorems. The first states that given certain assumptions, competitive markets produce ( Pareto) efficient outcomes; it captures the logic of Adam Smith's invisible hand. The second states that given further restrictions, any Pareto efficient outcome can be supported as a competitive market equilibrium. Th ...
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Labour Law
Labour laws (also known as labor laws or employment laws) are those that mediate the relationship between workers, employing entities, trade unions, and the government. Collective labour law relates to the tripartite relationship between employee, employer, and union. Individual labour law concerns employees' rights at work also through the contract for work. are social norms (in some cases also technical standards) for the minimum socially acceptable conditions under which employees or contractors are allowed to work. Government agencies (such as the former US Employment Standards Administration) enforclabour law(legislature, regulatory, or judicial). History Following the unification of the city-states in Assyria and Sumer by Sargon of Akkad into a single empire ruled from his home city circa 2334 BC, common Mesopotamian standards for length, area, volume, weight, and time used by artisan guilds in each city was promulgated by Naram-Sin of Akkad (c. 2254–2218 BC), Sargo ...
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Welfare State
A welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions for a good life. There is substantial variability in the form and trajectory of the welfare state across countries and regions. All welfare states entail some degree of private-public partnerships wherein the administration and delivery of at least some welfare programmes occurs through private entities. Welfare state services are also provided at varying territorial levels of government. Early features of the welfare state, such as public pensions and social insurance, developed from the 1880s onwards in industrializing Western countries. World War I, the Great Depression, and World War II have been characterized as impo ...
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Universal Inheritance
Universal inheritance or basic inheritance is a proposal for all citizens, upon reaching a certain age, to receive an economic endowment from the State. From heterodox economic perspectives, inheritance has been criticized both from a historical standpoint, as property and inequality in its distribution couldn't be understood without the original accumulation of capital; and from an ethical and justice standpoint, as no human being would have the right to greater ownership over Earth's wealth solely by the circumstance of being born into one family or another. In this manner, universal inheritance has been proposed as a way to offset wealth distribution inequality, funded through progressive taxes. The first proposal for universal inheritance was made by Thomas Paine in 1795, although similar measures have been proposed in different countries and historical moments since then. Among the criticisms of this measure is the fact that it's proposed as an inheritance for all citizens ...
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Unemployment Benefits
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployment, unemployed people. In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens. Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary. Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own, and often on conditions ensuring that they seek work. In British English unemployment benefits are also colloquially referred to as "the dole"; receiving benefits is informally called "being on the dole". "Dole" here is an archaic expression meaning "one's allotted portion", from the synonymous Old English word ''dāl''. History The first modern u ...
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Social Insurance
Social insurance is a form of Social protection, social welfare that provides insurance against economic risks. The insurance may be provided publicly or through the subsidizing of private insurance. In contrast to other forms of Welfare, social assistance, individuals' claims are partly dependent on their contributions, which can be considered insurance premiums to create a common fund out of which the individuals are then paid benefits in the future. Types of social insurance include: * Universal health care, Public health insurance * Social Security (United States), Social Security * Unemployment Insurance, Public Unemployment Insurance * Public auto insurance * Parental leave, Universal parental leave Features * The contributions of individuals is nominal and never goes beyond what they can afford * the Social welfare, benefits, eligibility requirements and other aspects of the program are defined by statute; * explicit provision is made to account for the income and exp ...
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Reserve Army Of Labour
Reserve army of labour is a concept in Karl Marx's critique of political economy. It refers to the unemployed and underemployed in capitalist society. It is synonymous with "industrial reserve army" or "relative surplus population", except that the unemployed can be defined as those actually looking for work and that the relative surplus population also includes people unable to work. The use of the word "army" refers to the workers being conscripted and regimented in the workplace in a hierarchy under the command or authority of the owners of capital. Marx did not invent the term "reserve army of labour". It was already being used by Friedrich Engels in his 1845 book ''The Condition of the Working Class in England''. What Marx did was theorize the reserve army of labour as a necessary part of the capitalist organization of work. Prior to what Marx regarded as the start of the capitalist era in human history (i.e. before the 16th century), structural unemployment on a mass sc ...
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Neo-Luddism
Neo-Luddism or new Luddism is a philosophy opposing many forms of modern technology. The term Luddite is generally used as a pejorative applied to people showing technophobic leanings. The name is based on the historical legacy of the English Luddites, who were active between 1811 and 1816. Neo-Luddism is a leaderless movement of non-affiliated groups who resist modern technologies and dictate a return of some or all technologies to a more primitive level. Neo-Luddites are characterized by one or more of the following practices: passively abandoning the use of technology, harming those who produce technology harmful to the environment, advocating simple living, or sabotaging technology. The modern neo-Luddite movement has connections with the anti-globalization movement, anarcho-primitivism, radical environmentalism, and deep ecology. Neo-Luddism is based on the concern of the technological impact on individuals, their communities, and/or the environment, Neo-Luddism stipulates t ...
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Kibbutz
A kibbutz ( he, קִבּוּץ / , lit. "gathering, clustering"; plural: kibbutzim / ) is an intentional community in Israel that was traditionally based on agriculture. The first kibbutz, established in 1909, was Degania. Today, farming has been partly supplanted by other economic branches, including industrial plants and high-tech enterprises. Kibbutzim began as utopian communities, a combination of socialism and Zionism. In recent decades, some kibbutzim have been privatized and changes have been made in the communal lifestyle. A member of a kibbutz is called a ''kibbutznik'' ( he, קִבּוּצְנִיק / ; plural ''kibbutznikim'' or ''kibbutzniks''). In 2010, there were 270 kibbutzim in Israel with population of 126,000. Their factories and farms account for 9% of Israel's industrial output, worth US$8 billion, and 40% of its agricultural output, worth over US$1.7 billion. Some kibbutzim had also developed substantial high-tech and military industries. For example ...
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