UK Labour on basic income

Following up on this post on a guaranteed basic income moving folks up the Maslow ladder or Wilber conveyor belt. Now see this article where the UK Labour Party is considering the idea with the same notion in different words:

"The major concern is ultimately people: the lives we are able to lead, our ability to have a sense of security so we can pursue our ambition, and our ability to contribute to supporting one another, innovating, and developing the creative potential of society.”

Is such an idea even possible in conscious capitalism?