The Case for Basic Income - Guy Standing

Watch the Q&A session here: https://youtu.be/cjJSWgvHZKw This lecture puts forth the ethical and economic case for a basic income, enabling financial security and therefore a better quality of life for all. Financial insecurity affects one’s ability to make rational decisions – studies show it even lowers short-term IQ – making it even harder to improve one’s circumstances in the long run. Furthermore, unlike means-tested social assistance schemes like Universal Credit, a basic inc...