Arun Jaitley Quotes

I know that there are many excellent arguments for a universal form of basic income. Since everyone would get it, it would remove the stigma that dogs recipients of assistance and 'entitlements'.

A primary justification for a basic income is social justice.

No one is suggesting societies the world over should implement an expensive basic income system in one stroke.

While it won't solve all the world's ills - and ideas such as a rent cap and more social housing are necessary in places where housing is scarce - a basic income would work like venture capital for the people.

Guaranteed income schemes can take various forms, but in the simplist the government sends every citizen an annual check in an amount sufficient to keep the worlf from the door when misfortune strikes, but not large enough to satisfy anyone's idea of a good life.

When America installs a minimum income, it's going to be doing it in a very different historical context than Switzerland or Sweden or Germany, or any other country might do it. And we're doing it in a context where it has the potential, I think, for much better consequences than in those other countries.

Expanding the EITC can get us close to a universal basic minimum income.

Universal basic income is not a solution in search of a problem - it is the obvious solution that has been in front of us for years. It only requires us to have the vision, empathy and courage to adopt it for the American people before it is too late.

From Scotland to India, and from Silicon Valley to Kenya, policymakers all over the world have become interested in basic income as an answer to poverty, unemployment and the bureaucratic behemoth of the modern welfare state.

A universal cash transfer in the form of a minimum guaranteed income would mean that automatically everyone has something to fall back on without having to deal with the vagaries of their local panchayat.

Some people have proposed universal basic income, UBI, basically making sure that everybody gets a certain amount of money to live off of. I think that's a wonderful idea. The problem is, we haven't been able to guarantee universal healthcare in this country.

I think the right-wingers have to buddy up to the fact that either the minimum wage has to go up, and people get enough money to live, or you're always going to have people needing government assistance. You can't have it both ways.

We have to define and put into practice a better, more coherent and effective policy on income security.

However imperfectly, subsidies for the poor do actually reduce hunger, ease suffering and create opportunity, while subsidies for the rich result in more private jets and yachts. Would we rather subsidize opportunity or yachts? Which kind of subsidies deserve more scrutiny?

An indictment of entitlements has to focus on the huge 'social wealth' that the welfare state creates at the stroke of the pen. Yet statistical tests of the effects of welfare spending on employment yield erratic results.

Abolish Poverty

Zoning laws making housing more expensive? That's less of a problem with a universal basic income and more of a reason to put money directly into people's hands.

The primary value of a basic income would be its emancipatory effect.

In terms of emerging economies, we absolutely believe that the prescription is social protection and a minimum wage on which people can live.

I don't see basic income as a panacea, but we must have a new income distribution system. The old one has broken down irretrievably.

I'm a capitalist, and I believe that universal basic income is necessary for capitalism to continue.

A universal basic income would be the best way to give everyone the opportunity to do more unpaid but incredibly important work, such as caring for children and the elderly.

Public social services, infrastructural policies, and so on are vital. But a basic income should be part of a package of reforms.

The benefits of a universal basic income overall are huge.

A multi-tier social protection system must be based on a modest basic income so as to enable the precariat to build lives involving a balance of different types of work, not just labour in jobs.