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" 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. "
Guy Standing
System
Old
New
Related Quotes:
" People want to work, but they don't want to necessarily want to do labour. "
Guy Standing
People
Necessarily
Want
" The primary value of a basic income would be its emancipatory effect. "
Guy Standing
Value
Income
Basic
" Think of a public library, worth more for those who cannot afford numerous books. Think of a public waterway or fishing ground. All types of commons have imputed monetary value that together comprise a source of social income. As such, the commons reduces economic inequality and insecurity in society. "
Guy Standing
Value
Society
Fishing
" Politicians should reflect on the well-documented fact that fearful, insecure people lose their sense of tolerance and altruism. "
Guy Standing
Lose
People
Politicians
" Sanctions and workfare make it easier for employers to impose insecure practices on desperate people. "
Guy Standing
Desperate
Insecure
Easier
" Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare. "
Guy Standing
Tax
Minimum Wage
Insecurity
" The World Bank and others have been converted to conditional cash transfers (CCT). These provide poor people with cash on condition they send their children to school and for medical treatment. "
Guy Standing
Medical
Children
School
" The precariat has been losing cultural rights in that those in it feel they cannot and do not belong to any community that gives them secure identity or a sense of solidarity and reciprocity, of mutual support. "
Guy Standing
Community
Identity
Support
" A democratically governed national fracking fund should be set up, perhaps similar to what Norway and Alaska have. Areas of drilling should be rented to companies through public tender, with or without subsidies, and a rising share of profits beyond a negotiated upper limit should be deposited in the national capital fund. "
Guy Standing
Through
Without
Alaska
" Most existing national capital funds have been built up from royalties from oil and other minerals. They need not be limited that way. Most are anything but democratic. That could be changed. "
Guy Standing
Anything
Most
Need
" Retraining for the precariat is stressful and demoralising; often, they learn new tricks only to find them obsolescent or unwanted. "
Guy Standing
Learn
Only
Find
" The claim that if people had a basic income they would become lazy is prejudiced and has been refuted many times in many places. "
Guy Standing
Places
Lazy
Claim
" In financial affairs and dealings with the state, those in the precariat are disadvantaged since they are usually less well-informed and have to do much more to satisfy demands made on them if they want to gain meagre state benefits. "
Guy Standing
Want
Less
Financial
" We need a new model of social protection. Let us accept that jobs are not the magic solution - and that in a globalised market, job guarantees are a false promise. Let us accept flexible labour, too. But in return, let us have a society in which everybody has a right to basic security and a more equal access to other insurance-based schemes. "
Guy Standing
Magic
Job
Society
" People in the precariat find themselves in the situation where the level of their education and qualifications is almost always higher than the sort of labour that they're going to be able to obtain. "
Guy Standing
Find
Situation
Education
" We are in an era of chronic insecurity and growing inequalities. In that context, we need to have new mechanisms for income distribution which give people a sense of security. "
Guy Standing
People
Growing
Security
" The Latin root of 'precariousness' is 'to obtain by prayer.' The precariat must ask for favours, for charity, to show obsequiousness, to plead with figures of authority. It is degrading and stigmatizing. "
Guy Standing
Prayer
Charity
Ask
" Every progressive movement has been built on the anger, needs, and aspirations of the emerging major class. "
Guy Standing
Progressive
Class
Anger
" Although the precariat does not consist simply of victims, since many in it challenge their parents' labouring ethic, its growth has been accelerated by the neoliberalism of globalisation, which put faith in labour market flexibility, the commodification of everything, and the restructuring of social protection. "
Guy Standing
Faith
Challenge
Growth
" 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? "
Guy Standing
Over
Loved
Looking
" Globalisation began what should be called the Great Convergence, creating a globalising labour market in which wages in emerging market economies slowly converge with wages in rich economies, generating a steady drop in real wages across Europe. "
Guy Standing
Rich
Creating
Drop
" What we can say with confidence is that the technological revolution is worsening inequality, due mostly to mechanisms that limit free markets. It is also bringing about disruptive change that is intensifying insecurity and may indeed lead to large-scale labor displacement. "
Guy Standing
Revolution
Free
Confidence
" Every time a government minister or spokesman lauds Magna Carta, let us boo or hiss. Shame them. And let us celebrate what it really means to our history: the ability of an emerging class to make demands against the state for new liberties and rights. "
Guy Standing
History
Celebrate
Time
" The income distribution system constructed in the 20th century has broken down, and it will not come back. "
Guy Standing
System
Will
Down
" Growth in village economies is often ignored. It should not be. "
Guy Standing
Village
Growth
Ignored
" People, in general, want to improve their lives and the lives of their children and other loved ones. "
Guy Standing
Want
People
Children
" Corporations and financiers have used their growing influence to induce governments and international organizations to construct a global framework of institutions and regulations that enable elites to maximize their rental income. "
Guy Standing
Influence
Growing
Institutions
" The precariat is today's mass class, which is both dangerous, in rejecting old political party agendas, and transformative, in wanting to become strong enough to be able to abolish itself, to abolish the conditions of insecurity and inequality that define it. "
Guy Standing
Insecurity
Today
Strong
" What distinguishes a commons is that it is not private property, does not have a price, and is oriented towards 'use value' rather than 'exchange value.' It does not exist to generate profits. "
Guy Standing
Price
Property
Value
" Chronically insecure people easily lose their altruism, tolerance, and respect for non-conformity. If they have no alternative on offer, they can be led to attribute their plight to strangers in their midst. "
Guy Standing
Tolerance
People
Lose