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" The primary value of a basic income would be its emancipatory effect. "
Guy Standing
Value
Income
Basic
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" The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political. "
Guy Standing
First
History
Losing
" If the scale of gas is anything like the claims made by its advocates, it has major implications for the economy and British society. Besides its worrying environmental aspects, it could have adverse effects on income distribution. "
Guy Standing
Economy
Society
Like
" If you had a basic income, it would mean that everybody would have a base on top of which their earned income would be taxed at the standard rate of tax. That would increase the incentive to take low-wage jobs. "
Guy Standing
Top
Take
Mean
" 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
" 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
" In the interests of competitiveness in a globalizing world economy, governments of all complexions introduced labour-market reforms that promoted flexibility but accentuated the precariat's insecurities. "
Guy Standing
Flexibility
Interests
World
" 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
" 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
" Growth in village economies is often ignored. It should not be. "
Guy Standing
Village
Growth
Ignored
" 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
" People, in general, want to improve their lives and the lives of their children and other loved ones. "
Guy Standing
Want
People
Children
" 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
" Using political power, the elite can induce local authorities to facilitate enclosure and privatisation of land, water, and other hitherto public amenities. And they can pressurise public administrations to cut taxes, reducing financial resources for maintaining the remaining commons. "
Guy Standing
Land
Water
Power
" 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
" Every progressive movement has been built on the anger, needs, and aspirations of the emerging major class. "
Guy Standing
Progressive
Class
Anger
" Millions of people in many so-called democratic countries have lost the right to vote, or never obtain it. And millions clearly feel that the political mainstream is not articulating a vocabulary or policies oriented to their needs and aspirations. "
Guy Standing
Vote
Feel
Lost
" A multi-tier social protection system must be based on a modest basic income so as to enable the precariat to build lives involving a balance of different types of work, not just labour in jobs. "
Guy Standing
System
Protection
Build
" What we need is a slow time movement to gain control over time and an overhaul of work statistics to give a better perspective on all the work being done and how much of it is undesirable, unnecessary, and demeaning. "
Guy Standing
Work
Time
Perspective
" 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
" Nobody should be allowed to fund political parties unless they pay at least 30% tax on all income above the median wage. If that rule applied, the Tory party would be bankrupted overnight. "
Guy Standing
Tax
Nobody
Political
" If you're healthier, you tend to have a lower demand for health services. "
Guy Standing
Health
You
Lower
" Workfare will merely accentuate the growth of the low-paying, insecure labour market. "
Guy Standing
Labour
Will
Growth
" In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen. "
Guy Standing
Before
Happen
Euthanasia
" People in the precariat rely very heavily on money wages. "
Guy Standing
Very
Money
Rely
" Collective action remains the best way of renewing the march towards the great trinity of liberty, equality, and solidarity. "
Guy Standing
Liberty
Action
Best
" 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
" If I care for an elderly relative without payment, it is not work, is not counted in national income, and, as it is not labour, is not counted as work. Should my neighbour pay me to do precisely the same tasks, it would contribute to economic growth. "
Guy Standing
Care
Elderly
Growth
" The precariat consists of a growing proportion of our total society. It is being habituated to accept a life of unstable labour and unstable living. Often they're unable to say what their occupation is, because what they're doing now might be quite different from what they were doing three months ago. "
Guy Standing
Growing
Life
Living
" Successive governments in the U.K. have worked to create a more flexible labour market, which also meant labour insecurity. They allowed wages to drop and non-wage benefits to shrivel, creating worse inequality than statistics reveal. "
Guy Standing
Inequality
More
Statistics
" The precariat faces chronic uncertainty about what to do, about what incomes to expect, about state benefits that might be their due, about their relationships, their homes, and about the occupations they can realistically expect. "
Guy Standing
Relationships
Expect
Due