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In March 1938 Victor Gollancz’s Left Book Club published a book entitled Can Capitalism Last?, by Frederick Allen (the pseudonym of Denis Herbert Stott, 1909-1988). This was an original and ambitious attempt to synthesise Marx and Keynes, making deficient aggregate demand the fundamental...
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In the 1790s the radical thinkers Tom Paine and Thomas Spence were among the first to advocate the payment of a Basic Income as a right to all citizens. In this paper we outline Paine’s position, as set out in The Rights of Man (1791-1792) and in Agrarian Justice (1795), and compare it with...
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