Just End Poverty Now: The Case for a Global Minimum Income

Forthcoming in Basic Income Studies

26 Pages Posted: 2 Aug 2019 Last revised: 16 Aug 2019

See all articles by Thomas R. Wells

Thomas R. Wells

Tilburg University Department of Philosophy

Date Written: April 14, 2019

Abstract

Global GDP is more than 100 trillion dollars, yet 10% of the world’s population still live in extreme poverty on less than $1.90 per day. No one should have to live like that: alleviating poverty is a minimal moral obligation implied by nearly every secular and religious moral system. Unfortunately, neither economic growth nor conventional international aid can be relied upon to fulfil this obligation. A global basic income programme that transferred $1 per day from the rich world to each poor person would eliminate extreme poverty directly and at negligible cost. It is the least we should do.

Keywords: Basic Income, Global Justice, Poverty, Economic Development, International Development Aid, Multinational Organisations

JEL Classification: O15, O19, I32, I38

Suggested Citation

Wells, Thomas, Just End Poverty Now: The Case for a Global Minimum Income (April 14, 2019). Forthcoming in Basic Income Studies. Available at SSRN: https://ssrn.com/abstract=3429101 or http://dx.doi.org/10.2139/ssrn.3429101

Thomas Wells (Contact Author)

Tilburg University Department of Philosophy

Dante Building
Warandelaan 2
Tilburg, 5037 AB
Netherlands

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