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A Christian Economic Ethical Study on Basic Income and Assured Income

  • The Korean Journal of Chiristian Social Ethics
  • Abbr : 기사윤
  • 2024, (60), pp.127-163
  • Publisher : The Society Of Korean Christian Social Ethics
  • Research Area : Humanities > Christian Theology
  • Received : October 29, 2024
  • Accepted : December 9, 2024
  • Published : December 31, 2024

Jae Hoo Jung 1

1장로회신학대학교

Accredited

ABSTRACT

Over the past decade, discussions on “basic income” have gained significant momentum. Particularly, the structural and employment shifts brought about by the Fourth Industrial Revolution and the age of artificial intelligence have led to a surge in the number of “precarious workers” (precariat). Consequently, basic income, as a fundamental element of citizenship and a means to enhance real freedom, has become a key topic of debate. The justification for basic income from a Christian ethical perspective lies in the idea of creating a system that allows God’s grace to benefit all people. Unlike traditional welfare systems that target heads of low-income households through means testing, this concept entails unconditional payments to individuals. However, the basic income proposed here does not signify an amount sufficient for living without work but rather the minimum necessary for subsistence. As for funding basic income, the author opposes increasing taxes such as income tax or value-added tax (VAT). Instead, imposing taxes on “land ownership”, “carbon emissions”, “commons” and “big data” is both feasible and justifiable. “Assured income” is a welfare system designed to address the disincentive to work that arises when welfare benefits decrease or are withdrawn as recipients’ income increases. However, the introduction of Assured Income does not render basic income unnecessary. Basic income can coexist with the current welfare system and remains compatible even if the existing welfare framework transitions to “assured income”.

Citation status

* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.