Global resources dividend

Pogge's global resources dividend (GRD) would tax the extraction of natural resources such as oil to tackle global poverty.

The global resources dividend (GRD) is a method of tackling global poverty advanced by the philosopher Thomas Pogge.[1] He presents it as an alternative to the current global economic order.[2] Under the scheme, nations would pay a dividend (tax) on any resources that they use or sell,[3][4] resulting in a sort of "tax on consumption"[5] 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 world's 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."[5]

  1. ^ Cite error: The named reference PoggeGRD was invoked but never defined (see the help page).
  2. ^ Pogge, Thomas W. (January 2001). "Eradicating Systemic Poverty: Brief for a global resources dividend". Journal of Human Development. 2 (1): 59–77. CiteSeerX 10.1.1.488.2173. doi:10.1080/14649880120050246. ISSN 1464-9888. S2CID 27591949. Archived from the original on 2 April 2015. Retrieved 6 April 2015.
  3. ^ Casal, Paula (1 October 2011). "Global Taxes on Natural Resources". Journal of Moral Philosophy. 8 (3): 307–327. doi:10.1163/174552411X591339. Retrieved 6 April 2015.[permanent dead link]
  4. ^ H. Widdows, N. Smith (2011) Global Social Justice, Routledge: New York, p 74
  5. ^ a b Cite error: The named reference PoggeEgalitarian was invoked but never defined (see the help page).

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