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Basic Income
Basic Income
Oct 27, 2024 12:30 AM

Author:Guy Standing

Basic Income

'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.

Reviews

Basic Income is an idea whose time has come, and Guy Standing has pioneered our understanding of it - not just of the concept but of the challenges it is designed to meet: rapid automation and the emergence of a precarious workforce for whom wages derived from work will never be enough. As we move into an age where work and leisure become blurred, and work dissociated from incomes, Standing's analysis is vital.

—— Paul Mason

Guy Standing's work in this area has been invaluable...I would urge all parliamentarians to pore over his findings and consider his conclusions

—— Ronnie Cowan MP

Praise for The Precariat: 'A very important book' Noam Chomsky. 'Buy Guy Standing's book, The Precariat. Or nick / borrow it' John Harris,

—— The Guardian

In Basic Income, Guy Standing provides a compelling and thoughtful review of the motivations and options for as well as common objections to universal basic income, making this an important book for anyone interested in ensuring we collectively create an inclusive, human-centered future

—— Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum

This is a compelling and thoughtful book that looks into the case for a universal basic income.
Guy Standing tackles the history behind basic income by presenting economic, financial, technological, and medical studies that give us a glimpse about what a world with basic income might look like.

Economic inequality and ending poverty are some of the defining issues of our time, Standing's book lays out a future.

—— Sam Altman, President of Y Combinator

For a radical idea to become accepted as common sense, it often needs a practical guide to the concept and its implementation. This book makes a significant contribution to the heavy lifting needed to move basic income from an idea on the periphery to a policy of the mainstream in a rapidly changing and challenging economy

—— John McDonnell MP

Universal Basic Income may be the most promising social idea of our time. 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

A universal basic income is clearly an idea whose time has come. Guy Standing's book powerfully explains why and also makes the ethical and ecological case. It's an essential read for anyone interested in social and economic justice and an important contribution to the debate about introducing a basic income.

—— Caroline Lucas MP

Big Capital adds to what must be a commitment to change. It lays out clearly that the struggle for space will be at the top of the agenda within large cities

—— Lisa Mckenzie, Research Fellow in the Department of Sociology, London School of Economics

David Enrich is a masterful story teller ... Michael Lewis has a new rival

—— Sheila Bair, former chair of the FDIC and president of Washington College

An absorbing read that provides both a meticulous dissection of an immense scandal as well as a fascinating human story

—— Bethany McLean, bestselling author of THE SMARTEST GUYS IN THE ROOM: THE AMAZING RISE AND SCANDALOUS FALL OF ENRON

For years, David Enrich has chased down the inside story of one the biggest financial frauds in history and was even threatened with jail by a British court if he printed what he knew. Now, in his blockbuster book The Spider Network, all of the secrets come spilling out…With an unerring eye for detail, Enrich shows in this masterful work how a toxic stew of greed, arrogance and a lust for power led to a criminal scheme of unparalleled dimensions. It should be required reading for anyone who wants to understand the dirty underbelly of the financial world.

—— Kurt Eichenwald, Pulitzer Prize winning author of THE INFORMANT

This dwarfs by orders of magnitude any financial scams in the history of markets.

—— Andrew Lo, Professor of Finance at MIT

In the hands of journalist David Enrich, the true tale of former UBS and Citigroup trader Tom Hayes becomes a page-turning crime drama that engages – and educates – readers from beginning to end.

—— The Charlotte Observer

A gripping narrative ... impressive reporting and writing chops are on full display ... reads like a fast-paced John le Carré thriller, and never lets up

—— New York Times book review

a feat of reporting, and much of it reads like a novel

—— Leigh Gallagher , Washington Post

a remarkable read

—— John Arlidge , Sunday Times

jaw-dropping

—— Financial Times

a gripping financial thriller

—— Daily Mail

Well worth the read. I couldn’t put it down

—— Investing.com

A potent book... an incisive social critique that slices through financial jargon and gobbledygook to accurately map the all-too-common corruption in America’s hedge funds that are sucking up billions and billions that used to be invested for the growth and benefit of society as a whole in building infrastructure, expanding existing and new businesses and creating jobs

—— Winnipeg Free Press

An utterly absorbing look at how Cohen pushed his traders to the limit—that “black edge”—and how he mostly insulated himself from the potential ramifications. This fast-paced, true-life thriller will leave readers enraptured—and troubled

—— Booklist
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