"Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare." — Guy Standing

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Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare.

- Guy Standing

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Guy Standing

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The income distribution system constructed in the 20th century has broken down, and it will not come back.

A person looking after a frail former lover is not working and not contributing to economic growth. But if he or she stopped, the state would probably have to take over, thereby adding to growth. So, to increase growth, we should stop looking after our loved ones. Could anybody explain to a passing Martian how this makes sense?

Collective action remains the best way of renewing the march towards the great trinity of liberty, equality, and solidarity.

Capital is taxed much less than labour; subsidies going to capital, the rich, and middle-income earners greatly exceed the benefits going to the precariat and underclass.

The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political.

The Magna Carta was the first class-based charter, enforced on the monarchy by the rising class.

I don't see basic income as a panacea, but we must have a new income distribution system. The old one has broken down irretrievably.

A primary justification for a basic income is social justice.

Sanctions and workfare make it easier for employers to impose insecure practices on desperate people.

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Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare.