"'Basic Income is an idea whose time has come, and Guy Standing has pioneered our understanding of it... Standing's analysis is vital' Paul Mason 'Guy Standing has been at the forefront of the movement for nearly 4 decades, and in this superb and thorough survey he explains how it works and why it has the potential to revitalise life and democracy in our societies. This is an essential book.' Brian Eno 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." --Publisher description.
Mr Standing does not exaggerate, or pull punches: the entire concept is set out clearly, and with an eye for the facts. It seems, at first, to be a foolish idea, that people should be paid for, effectively, doing nothing but, this book shows that capitalism needs customers as badly as it does entrepreneurs. In a wonderfully ironic paradox, the system crushes the little man but, cannot survive without him.
The Green Party of England and Wales is the only British political party looking at this scheme seriously but, as is always the case, overseas governments are on the verge of stealing a march upon us.
Watch this space for the start of political debate.