Cybersecurity Quote by Guy Standing
““a basic income is arguably more justified by the need for economic security than by a desire to eradicate poverty. Martin Luther King captured several aspects of this rather well in his 1967 book, Where Do We Go from Here? [A] host of positive psychological changes inevitably will result from widespread economic security. The dignity of the individual will flourish when the decisions concerning his life are in his own hands, when he has the assurance that his income is stable and certain, and when he knows that he has the means to seek self-improvement. Personal conflicts between husband, wife and children will diminish when the unjust measurement of human worth on a scale of dollars is eliminated.15 Twentieth-century welfare states tried to reduce certain risks of insecurity with contributory insurance schemes. In an industrial economy, the probability of so-called ‘contingency risks’, such as illness, workplace accidents, unemployment and disability, could be estimated actuarially. A system of social insurance could be constructed that worked reasonably well for the majority. In a predominantly ‘tertiary’ economy, in which more people are in and out of temporary, part-time and casual jobs and are doing a lot of unpaid job-related work outside fixed hours and workplaces, this route to providing basic security has broken down. The””
About This Quote
Source Book: Basic Income: A Radical Proposal for the 21st Century by Guy Standing, 2017
Universal basic income provides economic security, fostering dignity and self‑improvement, reducing conflict, and adapting to modern precarious work.
In simple terms: Basic income secures dignity and reduces conflict.
Support policies that ensure stable income for all.
Themes
Mood
Type
When to use this quote
- policy design
- social safety nets
- individual financial planning
Key Concepts
Questions to Reflect On
- How would basic income affect labor market incentives?
- What mechanisms ensure fair distribution?
Implementation costs and political opposition can hinder adoption.