The Precariat: Economics Professor Guy Standing

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•Economics Professor Guy Standing explains basic income in his book The Precariat: The New Dangerous Class as follows: “The core of the proposal is that every legal resident of a country or community, children as well as adults, should be provided with a modest monthly payment. Each individual would have a cash card entitling them to draw a monthly amount for basic needs, to spend as they see fit, with add-ons for special needs, such as disability. In most rich countries, it would be less radical than it may appear, since it would mean consolidating many existing transfer schemes and replacing others that are riddled with complexity and arbitrary and discretionary conditionality.”
• Basic economic security is the foremost need of people in

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