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@article{ART002331202},
author={Jae-jin Yang},
title={Can Basic Income be an Alternative to Social Security?},
journal={Korea Social Policy Review},
issn={1226-0525},
year={2018},
volume={25},
number={1},
pages={45-70},
doi={10.17000/kspr.25.1.201803.45}

TY - JOUR
AU - Jae-jin Yang
TI - Can Basic Income be an Alternative to Social Security?
JO - Korea Social Policy Review
PY - 2018
VL - 25
IS - 1
PB - Korean Association of Social Policy
SP - 45
EP - 70
SN - 1226-0525
AB - After critically assessing the effectiveness of basic income as an alternative to the existing social security system, this article argues that basic income is fundamentally incapable of providing an adequate protection for those in social risks or welfare needs. The proponents of basic income often claims that technological innovations will lead to the end of work and thus that basic income will be required for all citizens in the future. Moreover, they emphasize that labor market flexibility is making a large segment of work forces unstable working poor, what is often called the precariat who are not effectively protected by the existing social insurance programs. For them, basic income is the best source of social protection for the precariat of today and the citizens in the future, freeing them from the necessity of having a paid work. This article, however, points out the ineffectiveness of basic income as social protection due to its unustainably high cost that comes from unconditional benefit provisions regardless of levels of income, social risks, and welfare needs. Also it challenges the simplified ‘Luddites’ image of workless society in the future, arguning that techological unemployment can be overcome by new job creation as seen in Silicon Valley and job sharing following working time reduction. It maintains that it is more cost-effective and reliable to strengthen the welfare state based on the principle of reciprocity that aims at ‘universal sufficient protection for those in social risks and welfare needs.’
KW - Basic Income;Social Security;4th Industrial Revolution;Technological Unemployment;Social Risks;Welfare Needs;Paid Work
DO - 10.17000/kspr.25.1.201803.45
ER -

Jae-jin Yang. (2018). Can Basic Income be an Alternative to Social Security?. Korea Social Policy Review, 25(1), 45-70.

Jae-jin Yang. 2018, "Can Basic Income be an Alternative to Social Security?", Korea Social Policy Review, vol.25, no.1 pp.45-70. Available from: doi:10.17000/kspr.25.1.201803.45

Jae-jin Yang "Can Basic Income be an Alternative to Social Security?" Korea Social Policy Review 25.1 pp.45-70 (2018) : 45.

Jae-jin Yang. Can Basic Income be an Alternative to Social Security?. 2018; 25(1), 45-70. Available from: doi:10.17000/kspr.25.1.201803.45

Jae-jin Yang. "Can Basic Income be an Alternative to Social Security?" Korea Social Policy Review 25, no.1 (2018) : 45-70.doi: 10.17000/kspr.25.1.201803.45

Jae-jin Yang. Can Basic Income be an Alternative to Social Security?. Korea Social Policy Review, 25(1), 45-70. doi: 10.17000/kspr.25.1.201803.45

Jae-jin Yang. Can Basic Income be an Alternative to Social Security?. Korea Social Policy Review. 2018; 25(1) 45-70. doi: 10.17000/kspr.25.1.201803.45

Jae-jin Yang. Can Basic Income be an Alternative to Social Security?. 2018; 25(1), 45-70. Available from: doi:10.17000/kspr.25.1.201803.45

Jae-jin Yang. "Can Basic Income be an Alternative to Social Security?" Korea Social Policy Review 25, no.1 (2018) : 45-70.doi: 10.17000/kspr.25.1.201803.45