“A basic income paid for out of taxes on the market economy gives people the chance to build positions in the non-market economy. It allows them to volunteer, set up co-ops, edit Wikipedia, learn how to use 3D design software, or just exist. It allows them to space out periods of work; make a late entry or early exit from working life; switch more easily into and out of high-intensity, stressful jobs. Its fiscal cost would be high: that’s why all attempts to enact the measure separately from an overall transition project are likely to fail, despite the growing number of academic papers and global congresses dedicated to it.”

—  Paul Mason (journalist) , book PostCapitalism: A Guide to our Future

PostCapitalism: A Guide to our Future (2015)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "A basic income paid for out of taxes on the market economy gives people the chance to build positions in the non-market…" by Paul Mason (journalist)?
Paul Mason (journalist) photo
Paul Mason (journalist) 11
British journalist 1960

Related quotes

“Well it seems to me absolutely scandalous to try to set wage levels which wipe out jobs. I mean these are people who are not on the dole. They want to work and if you price them out of the market its gonna be a lot worse for them and for the economy.”

Irwin Stelzer (1932) American economist and columnist

Newsnight debate (2010)

“In the early days of the computer revolution computer designers and numerical analysts worked closely together and indeed were often the same people. Now there is a regrettable tendency for numerical analysts to opt out of any responsibility for the design of the arithmetic facilities and a failure to influence the more basic features of software. It is often said that the use of computers for scientific work represents a small part of the market and numerical analysts have resigned themselves to accepting facilities "designed" for other purposes and making the best of them. […] One of the main virtues of an electronic computer from the point of view of the numerical analyst is its ability to "do arithmetic fast."”

James H. Wilkinson (1919–1986) English mathematician

Need the arithmetic be so bad!
Some Comments from a Numerical Analyst (1971)

Lars Løkke Rasmussen photo

“I know that some people in the U. S. associate the Nordic model with some sort of socialism… Therefore, I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy… The Nordic model is an expanded welfare state which provides a high level of security to its citizens, but it is also a successful market economy with much freedom to pursue your dreams and live your life as you wish.”

Lars Løkke Rasmussen (1964) Danish politician

"Nordic Solutions and Challenges: A Danish Perspective" http://www.vox.com/2015/10/31/9650030/denmark-prime-minister-bernie-sanders (October 2015), speech to Harvard's Kennedy School of Government.
2010s, 2015

Deng Xiaoping photo

“A basic contradiction between socialism and the market economy does not exist.”

Deng Xiaoping (1904–1997) Chinese politician, Paramount leader of China

As quoted in Daily report: People's Republic of China, Editions 240-249 (1993), p. 30
Interview, Time, 4 November 1985.
Variant: There are no fundamental contradictions between a socialist system and a market economy.

Tim O'Reilly photo

“Collective intelligence. Think of how Wikipedia works, how Amazon harnesses user annotation on its site, the way photo-sharing sites like Flickr are bleeding out into other applications… We're entering an era in which software learns from its users and all of the users are connected.”

Tim O'Reilly (1954) Irish computer programmer

When asked "What innovation will most alter how we live in the next few years, as quoted in TIME magazine (24 October 2005)

Kim Dae-jung photo

“I believe democracy is the foundation of a healthy economy. Without genuine democracy you cannot have a genuine market economy. And, under the market economy, one must fully open doors to allow free trade and investment.”

Kim Dae-jung (1924–2009) South Korean politician

"Interview: President Kim Dae Jung" in TIME Asia http://www.cnn.com/ASIANOW/time/magazine/99/0913/interview.html (13 September 1999)

W. Brian Arthur photo

“The inductive-reasoning system I have described above consists of a multitude of “elements” in the form of belief-models or hypotheses that adapt to the aggregate environment they jointly create. Thus it qualifies as an adaptive complex system. After some initial learning time, the hypotheses or mental models in use are mutually co-adapted. Thus we can think of a consistent set of mental models as a set of hypotheses that work well with each other under some criterion—that have a high degree of mutual adaptedness. Sometimes there is a unique such set, it corresponds to a standard rational expectations equilibrium, and beliefs gravitate into it. More often there is a high, possibly very high, multiplicity of such sets. In this case we might expect inductive reasoning systems in the economy—whether in stock-market speculating, in negotiating, in poker games, in oligopoly pricing, in positioning products in the market—to cycle through or temporarily lock into psychological patterns that may be non-recurrent, path-dependent, and increasingly complicated. The possibilities are rich.”

W. Brian Arthur (1946) American economist

Source: Inductive Reasoning and Bounded Rationality (The El Farol Problem) (1994), p. 8

Ben Carson photo

“Although we all make mistakes in life, the problems occur when we try to hide our mistakes, to cover them up rather than to learn from them and allow other people to learn from them.”

Ben Carson (1951) 17th and current United States Secretary of Housing and Urban Development; American neurosurgeon

Source: Think Big (1996), p. 175

Mary Ruwart photo

“Many individuals are capable of creating wealth but are excluded from the job market by minimum wage and licensing laws. Much poverty can be alleviated by allowing people to create wealth at whatever level they can and ‘work their way up.’”

Mary Ruwart (1949) American scientist and libertarian activist

Source: Healing Our World: The Other Piece of the Puzzle, (1993), p. 147

Frederick Douglass photo

“Though conscious of the difficulty of learning without a teacher, I set out with high hope, and a fixed purpose, at whatever cost of trouble, to learn how to read.”

Frederick Douglass (1818–1895) American social reformer, orator, writer and statesman

Source: 1840s, Narrative of the Life of Frederick Douglass, An American Slave (1845), Ch. 6
Context: Whilst I was saddened by the thought of losing the aid of my kind mistress, I was gladdened by the invaluable instruction which, by the merest accident, I had gained from my master. Though conscious of the difficulty of learning without a teacher, I set out with high hope, and a fixed purpose, at whatever cost of trouble, to learn how to read. The very decided manner with which he spoke, and strove to impress his wife with the evil consequences of giving me instruction, served to convince me that he was deeply sensible of the truths he was uttering. It gave me the best assurance that that I might rely with the utmost confidence on the results which, he said, would flow from teaching me to read.

Related topics