Today in one the richest countries in the world, 60% of households in poverty have people in jobs, inequality is the highest it has been for 100 years, climate change threatens our extinction and automation means millions are forced into a life of precarity.

The solution? Basic Income. Here, Guy Standing, the leading expert on the concept, explains how to solve the new eight evils of modern life, and all for almost zero net cost. There is a better future, one that makes certain all citizens can share in the wealth of the modern economy.

Far from being a new idea, Standing shows how the roots of basic income go back to the Charter of the Forest, one of two foundational documents of the state – the other, sealed on the same day, being the Magna Carta.

All citizens have a right to the wealth created by capitalism, and all – left or right, rich or poor – can benefit from a dynamic and ecologically grounded economy created by the guarantee of subsistence to all.

About the Author

Guy Standing is Professor of Development Studies at the School of Oriental and African Studies (SOAS), University of London, UK. He has previously been Professor of Economic Security at the University of Bath, UK, Professor of Labour Economics at Monash University, Australia and Director of the Socio-Economic Security Programme of the International Labour Organization. He is co-president of the Basic Income Earth Network. His recent books include Work after Globalization: Building Occupational Citizenship (2009) and Beyond the New Paternalism: Basic Security as Equality (2002).

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