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Libertarian Perspectives on Basic Income

In: The Palgrave International Handbook of Basic Income

Author

Listed:
  • Miranda Perry Fleischer

    (University of San Diego)

  • Otto Lehto

    (King’s College London)

Abstract

Fleischer and Lehto make the case that libertarian principles can support universal, unconditional cash transfers in the form of a Basic Income. They explore Lockean libertarianism, classical liberalism, and left-libertarianism; and they argue that most strands of libertarianism support some (albeit limited) redistribution, though on varying grounds. They next demonstrate that once one accepts the legitimacy of redistribution in a libertarian world, unconditional cash transfers best reflect core libertarian principles. Firstly, such transfers further individual autonomy by recognising that all individuals—including the poor—are usually better judges of their own needs than the government. Secondly, decoupling redistributive transfers from work requirements acknowledges the inability of the government to exercise the requisite discretion to distinguish the ‘deserving’ from the ‘undeserving’ in a principled way.

Suggested Citation

  • Miranda Perry Fleischer & Otto Lehto, 2019. "Libertarian Perspectives on Basic Income," Exploring the Basic Income Guarantee, in: Malcolm Torry (ed.), The Palgrave International Handbook of Basic Income, chapter 0, pages 439-458, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-3-030-23614-4_22
    DOI: 10.1007/978-3-030-23614-4_22
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    Cited by:

    1. Otto Lehto & John Meadowcroft, 2021. "Welfare without rent seeking? Buchanan’s demogrant proposal and the possibility of a constitutional welfare state," Constitutional Political Economy, Springer, vol. 32(2), pages 145-164, June.

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