First Quote Added
April 10, 2026
Latest Quote Added
"Unless we abandon the work ethic of another era, ... lives may be wasted because of blind insistence that everyone must have a "job" even if the job is useless."
"The economic impact of the UBI together with the three tax changes in the US would be roughly as follows. First, bank deposits from UBI would increase significantly. Experience says that low-income beneficiaries would first pay off their high-cost credit card loans and student loans (though maybe not all at once). Money left over after that would be spent on household goods and services... Private debt would fall, but overall the government debt might increase equally, perhaps by US$500 billion per annum... UBI would actually cut some existing government costs, both for targeted welfare services that would become redundant, and even for prisons and police. Higher personal incomes available to spend on goods and services would also generate more tax revenues for the government. It is unclear how much would be added to the current intake, probably less than the net cost of the UBI. But the net deficit at the end of the day might be quite small or even non-existent. A viable democratic social system must not allow a "winner takes all" approach... It is time to consider another way of getting money into the system, without funnelling it directly through the banks to the wealthy...."
"The State ... should not stifle incentive, opportunity, responsibility; in establishing a national minimum, it should leave room and encouragement for voluntary action by each individual to provide more than that minimum for himself and his family."
"Basic income grants freedom and security without strings attached. It automatically supplements low wages without bureaucracy or complex wage subsidies."
"With a basic income, more people can choose for themselves whether to work full-time or part-time, making their own tradeoffs between more money and more leisure."
""Jobs for every American" is doomed to failure because of modern automation and production. We ought to recognize it and create an income-maintenance system so every single American has the dignity and the wherewithal for shelter, basic food, and medical care. I’m talking about welfare for all."
"'Suppose there were a man, a slave, a labourer, getting up before you and going to bed after you, willingly doing whatever has to be done, well-mannered, pleasant-spoken, working in your presence. And he might think, ... "I ought to do something meritorious. Suppose I were to shave off my hair and beard, don yellow robes, and go forth from the household life into homelessness!" And before long, he does so. And he, having gone forth might dwell, restrained in body, speech and thought, satisfied with the minimum of food and clothing, content, in solitude. And then if people were to announce to you: "Sire, you remember that slave who worked in your presence, and who shaved off his hair and beard and went forth into homelessness?" ... Would you then say: "That man must come back and be a slave and work for me as before?"No indeed, Lord. For we should pay homage to him, we should rise and invite him and press him to receive from us robes, food, lodging, medicines for sickness and requisites, and make arrangements for his proper protection.'"
"If you read the Universal Declaration of Human Rights (1948), Article 25, it says people have rights to adequate food, nutrition, health, employment, security and so on. Those are minimal rights. Any society ought to guarantee that. Well, one way to guarantee that would be through a socially-acceptable form of basic income."
"[A universal basic income] would be one of the greatest catalysts to entrepreneurship and creativity we have ever seen, and I've worked with hundreds of entrepreneurs over the years. We have to put more Americans in position to do work that they value intrinsically, instead of as a necessary means to survival."
"I don’t think there is, or ever again can be, a cure for unemployment. Unemployment is not a disease, but the natural, healthy functioning of an advanced technological society."
"The basic principle of the whole thing has been completely overlooked, that the purpose of the machine is to make drudgery unnecessary. And if we don't allow it to achieve its purpose, we live in a constant state of self-frustration. So then, if a given manufacturer automates his plant and dismisses his labor force, and they have to operate on a very much diminished income (say, some sort of dole), the manufacturer suddenly finds that the public does not have the wherewithal to buy his products. And therefore he has invested in this expensive automotive machinery to no purpose. And therefore obviously the public has to be provided with the means of purchasing what the machines produce. People say, "That's not fair. Where's the money going to come from? Who's gonna pay for it?" The answer is the machine. The machine pays for it, because the machine works for the manufacturer and for the community."
"Theobald points out that every individual should be assured of a minimum income. Now, you see, that absolutely horrifies most people. "Say, all these wastrels, these people who are out of a job because they're really lazy, see... ah, giving them money?" Yeah, because otherwise the machines can't work. They come to a blockage. This was the situation of the Great Depression, when here we were still, in a material sense, a very rich country, with plenty of fields and farms and mines and factories... everything going. But suddenly, because of a psychological hang-up, because of a mysterious mumbo-jumbo about the economy, about the banking, we were all miserable and poor—starving in the midst of plenty. Just because of a psychological hang-up. And that hang-up is that money is real, and that people ought to suffer in order to get it. But the whole point of the machine is to relieve you of that suffering. It is ingenuity. You see, we are psychologically back in the 17th century, and technically in the 20th. And here comes the problem. So what we have to find out how to do is to change the psychological attitude to money and to wealth, and furthermore to pleasure, and furthermore to the nature of work."
"Universal Basic Income is not socialism. It's capitalism where income doesn't start at zero. Markets and businesses function much better when people have money to spend. If we can all participate in the market, then markets become much better for all of us. What's bad for markets is when consumers don't have money to spend. So this is very pro-growth, pro-market, and pro-consumer. It's the next form of capitalism. It's the trickel up economy."
"Since the advances in technology are going to mean fewer and fewer jobs in the market economy, the only effective way to ensure those permanently displaced by machinery share the benefits of increased productivity is to provide some kind of government-guaranteed income. ... With guaranteed income independent of their jobs, workers would be more free to set their own schedules and adapt to changing conditions. That adaptability would in turn allow greater flexibility for employers, plus many benefits for society as a whole."
"True individual freedom cannot exist without economic security and independence. "Necessitous men are not free men." ... we must be prepared to move forward, in the implementation of these rights, to new goals of human happiness and well-being."
"This sort of thing, is the result of regarding the virtue of hard work as an end in itself, rather than as a means to a state of affairs in which it is no longer needed."
"Whatever merit there may be in the production of goods must be entirely derivative from the advantage to be obtained by consuming them."
"If we expand the notion of work, which is something that a universal basic income would help us do, it would begin to compensate parents and caregivers; it would begin to recognize different forms of work."
"If you care about children, then [UBI] is the best way to make household and families stronger; if you care about women and economic empowerment, this is a way to make it so that women can walk away from abusive or exploitative employers; if you care about communities of color, they would benefit much more proportionally from a thousand dollars a month than other communities, because they have lower access to various jobs and opportunities. This is the way that we can reform society in a way that actually serves all of our goals, our collective goals. And at least one study showed that if you would alleviate child poverty, you would increase GDP by 700 billion dollars, because of better health outcomes, educational outcomes, higher worker productivity, better mental health... We have to start investing in our people, intrinsically."
"A certain small income, sufficient for necessaries, should be secured to all, whether they work or not."
"No man can be a good citizen unless he has a wage more than sufficient to cover the bare cost of living, and hours of labor short enough so that after his day's work is done he will have time and energy to bear his share in the management of the community, to help in carrying the general load."
"We have to say "we are the citizens and owners and stakeholders of this society, we can vote ourselves a dividend, and it's up to us to build an economy that serves us, because right now fundamentally, this economy is not designed to serve human beings. It is designed to serve capital efficiency. And for a long time, that also served human beings, but increasingly it's going to be that having lots of humans working for a company is irrelevant, or even negative, for corporate success. And we can see this by the fact that 94% of the new jobs created since 2005 to 2015, were gig economy, temp and contractor jobs, because the employer said "you know what? I'd rather not have a full-time employee, I'd rather not pay health care benefits", and that's why so many Americans right now are in that position. So we have to start recognizing that the economy is changing for good, and that it's up to us, the citizens of this country, to rewrite the rules the economy to serve us. We have to make the market serve us, and not have us all be slaves the market, because the market is not going to care one whit about us increasingly over time."
"The principle of an economic floor under each individual must be established. It would apply equally to every member of society and carry with it no connotation of personal inadequacy or implication that an undeserving income was being received from an overgenerous government."
"It is proposed that the payments ... be made to every person, rich or poor ... because it is in lieu of the natural inheritance, which, as a right, belongs to every man, over and above property he may have created, or inherited from those who did."
"Despotic government supports itself by abject civilization, in which debasement of the human mind, and wretchedness in the mass of the people, are the chief criterions. Such governments consider man merely as an animal; that the exercise of intellectual faculty is not his privilege; that he has nothing to do with the laws but to obey them; and they politically depend more upon breaking the spirit of the people by poverty, than they fear enraging it by desperation."
"Is this not utopian? Of course it is, in the sense in which ... the social security system was utopian before Bismarck put together its first building blocks."
"Separate an individual from society, and give him an island or a continent to possess, and he cannot acquire personal property. He cannot be rich. So inseparably are the means connected with the end, in all cases, that where the former do not exist the latter cannot be obtained. All accumulation, therefore, of personal property, beyond what a man's own hands produce, is derived to him by living in society; and he owes on every principle of justice, of gratitude, and of civilization, a part of that accumulation back again to society from whence the whole came."
"Imagine if the government provided a basic minimum income, like Richard Nixon once proposed. ... Suddenly having to quit your job would no longer be such a huge leap — there’d be a real social safety net to catch you. ... If governments really want to promote startups and the economic innovation they bring, ... they need to start rebuilding the social safety net, so that their citizens know that if they go out on a limb and try something risky, someone will be there to catch them if things don’t work out."
"We will need to adopt the concept of an absolute constitutional right to an income."
"We need to change the fundamentals of our society. We must move from a wealth-based civilization to one that is life-affirming—an ecological civilization. Without this Great Transition, we are leaving future generations to face the horrors of a collapsing civilization on a devastated planet. Can we transition rapidly enough? And can the transition occur without the old civilization collapsing catastrophically around us? Given this context, I have been surprised by how much the discussion of a universal basic income sounds like arguing how to stack the deck chairs on the Titanic... In my view, the fundamental issues need to be: Does UBI help with the process of transforming civilization from within?"
"A full-fledged UBI — one that unconditionally provides every person with enough income to meet their basic needs—would fundamentally alter the paradigm of capitalism that has locked workers into the dominant system ever since its inception. Capitalism has endured by commoditizing people’s lives, forcing them to sell the bulk of their available time and energy, or else face destitution and starvation. A true UBI would transform the relationship between labor and capital and weaken the power of the wealthy elite to control the population."
"For perhaps the first time in history, we have the resources, the know-how and the technology to make starvation and dependency relics of the past. But do we have the will?"
"Computers and robots replace humans in the exercise of mental functions in the same way as mechanical power replaced them in the performance of physical tasks. As time goes on, more and more complex mental functions will be performed by machines. Any worker who now performs his task by following specific instructions can, in principle, be replaced by a machine. This means that the role of humans as the most important factor of production is bound to diminish—in the same way that the role of horses in agricultural production was first diminished and then eliminated by the introduction of tractors."
"If the picture I’ve drawn is at all right, the only way we could have anything resembling a middle-class society — a society in which ordinary citizens have a reasonable assurance of maintaining a decent life as long as they work hard and play by the rules — would be by having a strong social safety net, one that guarantees not just health care but a minimum income, too."
"There are, in every country, some magnificent charities established by individuals. It is, however, but little that any individual can do, when the whole extent of the misery to be relieved is considered. He may satisfy his conscience, but not his heart. He may give all that he has, and that all will relieve but little. It is only by organizing civilization upon such principles as to act like a system of pulleys, that the whole weight of misery can be removed."
"I care not how affluent some may be, provided that none be miserable in consequence of it. But it is impossible to enjoy affluence with the felicity it is capable of being enjoyed, while so much misery is mingled in the scene."
"As a technologist, I see the trends, and I see that automation inevitably is going to mean fewer and fewer jobs. And if we do not find a way to provide a basic income for people who have no work, or no meaningful work, we’re going to have social unrest that could get people killed. When we have increasing production—year after year after year—some of that needs to be reinvested in society. It doesn’t need to be consistently concentrated in these venture-capital funds and things like that. I’m not a communist, a socialist or a radical. But these issues have to be addressed."
"People should receive an income without conditions attached... It's a fragment of the massive inheritance we owe to nature, to previous generations, to technological progress, to the know-how, and all these gifts which we receive from nature, and the past."
"There shall be paid to every person, when arrived at the age of twenty-one years, the sum. ... as a compensation in part, for the loss of his or her natural inheritance, by the introduction of the system of landed property."
"An army of principles will penetrate where an army of soldiers cannot; it will succeed where diplomatic management would fall: it is neither the Rhine, the Channel, nor the ocean that can arrest its progress: it will march on the horizon of the world, and it will conquer."
"The most skilfully combined, and with the greatest foresight of objections, of all the forms of Socialism, is that commonly known as Fourierism. This system does not contemplate the abolition of private property, nor even of inheritance; on the contrary, it avowedly takes into consideration, as an element in the distribution of the produce, capital as well as labour. ... In the distribution, a certain minimum is ... assigned for the subsistence of every member of the community, whether capable or not of labour."
"We advocate a Universal Basic Income, received by all citizens on an unconditional basis: that is, detached from the labor market. This offers a choice between work and leisure. To offer such a choice is both a fruit of an affluent society and a solution to the problem of technological unemployment."
"Since the state must necessarily provide subsistence for the criminal poor while undergoing punishment, not to do the same for the poor who have not offended is to give a premium on crime."
"Men did not make the earth... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds."
"There is no evidence whatsoever that a basic income would reduce work and labour. The evidence is strong that it would do the reverse. What we have found in the pilots is that people with basic security work more and work more productively."
"I am now convinced that the simplest approach will prove to be the most effective – the solution to poverty is to abolish it directly by a new widely discussed measure: the guaranteed income."
"The goal of the future is full unemployment, so we can play. That’s why we have to destroy the present politico-economic system."
"A minimal guarantee with regards to income seems to me as almost inevitable."
"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."
"There is nothing except shortsightedness to prevent us from guaranteeing an annual minimum – and livable – income for every American family."