The very basic idea is that everyone is part of society and the economy. Everyone should be able to participate and benefit from it. In our modern world that takes money. It’s a matter of human rights and dignity, and it’s a common good, the idea of sharing resources.
But our systems of income security and social protection don’t do that nearly well enough. That’s why we see what COVID has just magnified enormously for us, that we’ve got these problems of poverty, inequality, insecurity, anxiety, systemic discrimination that we’ve been fighting for a long time but obviously haven’t made very many dents.