Basic Income

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Guy Standing
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'Basic Income is an idea whose time has come, and Guy Standing has pioneered our understanding of we move into an age where work and leisure become blurred, and work dissociated from incomes, Standing's analysis is vital' Paul Mason Shouldn't everyone receive a stake in society's wealth? Could we create a fairer world by granting a guaranteed income to all? What would this mean for our health, wealth and happiness? Basic Income is a regular cash transfer from the state, received by all individual citizens. It is an acknowledgement that everyone plays a part in generating the wealth currently enjoyed only by a few. Political parties across the world are now adopting it as official policy and the idea generates headlines every day. Guy Standing has been at the forefront of thought about Basic Income for the past thirty years, and in this book he covers in authoritative detail its effects on the economy, poverty, work and labour; dissects and disproves the standard arguments against Basic Income; explains what we can learn from pilots across the world and illustrates exactly why a Basic Income has now become such an urgent necessity.

(ABC News: Alistair Kroie) Study argues for basic annual income of $18,500 for all workers. Basic income support could assist thousands of Australians amid a shaky jobs market, but analysts say it's a political hard sell ... A Universal Basic Income (Basic Income Guarantee) is an unconditional cash payment to individuals sufficient to meet basic needs (Universal Basic Income New Zealand, 2003).

Our concern for human life and wellbeing has led us to the ... The basic income also appears to have had an effect on the dynamic cause-and-effect loops that trap some people in deprivation while others thrive on multiple dimensions. In other words, a relatively small positive intervention seems to have generated multiple mutually reinforcing positive effects.