A Presentation by Andrea Fumagalli

A Toronto School of Creativity & Inquiry event

Wednesday, October 14, 2009, 7:00-9:00 pm
Room 066 | John H. Daniels Faculty of Architecture, Landscape, and Design | University of Toronto | 230 College Street

“Money,” said Francis Bacon, “is like muck, not good except it be spread.” As incomes polarize, unemployment rises, precarious employment spreads, and capital’s use of ‘free labour’ and social knowledge grows more sophisticated, unorthodox economists and social movements are increasingly advocating a radical reform of the welfare system. Basic income is a social policy proposal for a new welfare in the form of an annual income that would be distributed universally and unconditionally. Aiming to guarantee a basic level of income security for all, the basic income proposal is receiving unprecedented attention, particularly in Europe. Join us for a presentation by the Italian economist Andrea Fumagalli on basic income security as a policy response to the inequalities inherent in contemporary cognitive capitalism.

Read paper presentation was based on here: Fumagalli-Lucarelli.pdf

Andrea Fumagalli is Associate Professor in the Department of Economics at the University of Pavia. He also teaches political economy at Corso di laurea interdisciplinare in scienze multimediali, University of Pavia and advanced macroeconomics at Bocconi University. Professor Fumagalli is member of UniNomade Network, Vice-President of Bin-Italy (Basic Income Network, Italy), and Honoured member of BIEN (Basic Income Earth Network).