Basic income : how it fits in the policy framework for green jobs

Abstract

The basic argument in this paper is based on the premise that when green is the qualifying criterion for work rather than profit or economic growth, the world of work and the economic scenario in which it has to operate assume a different dimension. The focus of this new dimension is here placed on work performed in the intersection between employment and entrepreneurship. This is a grassroots level hibernation sphere for innovation and thus also a fertile breeding ground for green jobs. A green job in this context is being associated with meaningful work. What makes work meaningful is its potential to enable the worker to participate meaningfully and creatively in the life of society in less materialistic ways. This does not however mean that the instrumental value of work has to be ignored. In whatever perspective work is perceived it ultimately has to assure one’s survival and well being. Herein lies the principle of basic income. This paper challenges the conventional economic theory of pay and argues that a national and/or macro policy of basic income can be very conducive to the creation and sustenance of green jobs.