Global Resources Dividend

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Description

From the Wikipedia:

"The global resources dividend (GRD) is a method of tackling global poverty advanced by the philosopher Thomas Pogge. He presents it as an alternative to our current global economic order. Under the scheme nations would pay a dividend (tax) on any resources that they use or sell, resulting in a sort of "tax on consumption". Pogge's scheme is motivated by the positive duty to alleviate poverty, but also on the negative responsibility of the rich not to use institutions that perpetuate economic inequality. Pogge estimates that a dividend of just 1% could raise $300 billion each year; this would equal $250 for each individual in the worlds poorest quintile.

Implementing some version of the GRD entails not only discussions about practicality, but presumably, an affirmation of what is right. As Pogge puts it "Our task as philosophers requires that we try to imagine new, better political structures and different, better moral sentiments. We must be realistic, but not to the point of presenting to the parties in the original position the essentials of the status quo as unalterable facts." (https://en.wikipedia.org/wiki/Global_resources_dividend)

More Information

  • Thomas Pogge’s Global Resources Dividend: a critique and an alternative. By Hayward, Tim. Journal of Moral Philosophy Vol.2.3: 317-332