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    The Physical Basis of Voluntary Trade

    Creator
    Widerquist, Karl
    Abstract
    The article discusses the conditions under which can we say that people enter the economic system voluntarily. “The Need for an Exit Option” briefly explains the philosophical argument that voluntary interaction requires an exit option—a reasonable alternative to participation in the projects of others. “The Treatment of Effective Forced Labor in Economic and Political Theory” considers the treatment of effectively forced interaction in economic and political theory. “Human Need” discusses theories of human need to determine the capabilities a person requires to have an acceptable exit option. “Capability in Cash, Kind, or Raw Resources” considers what form access to that level of capability should take—in cash, kind, or raw resources, concluding that a basic income guarantee is the most effective method to ensure an exit option in a modern, industrial economy.
    Permanent Link
    http://hdl.handle.net/10822/711149
    External Link
    DOI: http://doi.org/10.1007/s12142-008-0105-z
    Date Published
    2014-10-21
    Rights
    This item is currently unavailable in DigitalGeorgetown due to copyright restrictions by the publisher.
    Subject
    Distributive justice; Consent; Basic income; Labor economics; voluntary trade;
    Type
    Article
    Is Part Of
    Human Rights Review, 11(1).
    Publisher
    Springer
    Collections
    • Qatar Faculty Scholarship
    Metadata
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    Georgetown University Seal
    ©2009 - 2022 Georgetown University Library
    37th & O Streets NW
    Washington DC 20057-1174
    202.687.7385
    digitalscholarship@georgetown.edu
    Accessibility