Here at Informed Choice Radio, we’re not afraid to examine the big ideas. And few ideas are bigger than the concept of a universal basic income.
Professor Guy Standing is a founder member and honorary co-president of the Basic Income Earth Network. This is a non-governmental organisation that promotes a basic income for all.
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.
His recent work has concerned the emerging precariat class and the need to move towards unconditional basic income and deliberative democracy.
Guy’s new book is Basic Income: And How We Can Make It Happen.
In the book he covers in authoritative detail the impact of basic income on the economy, poverty, work and labour; he 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.
Welcome to Basic Income & How We Can Make It Happen, with Professor Guy Standing, in episode 216 of Informed Choice Radio.
Get answers to your personal finance questions
Do you have a personal finance or investing question for Martin?
Email email@example.com or ask on Twitter @martinbamford.
You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.icradio.co.uk/voicemail to leave an online voice message.