Jeremy Corbyn makes a speech in Chingford

The video discusses the Department for Work and Pensions' (DWP) initiative to reintroduce Social Security, emphasizing a policy strategy that includes a real living wage of £10 per hour, controlling housing costs, and regulating the private rented sector. The aim is to enhance economic security for everyone. The video concludes with a plan to completely scrap Universal Credit.

What does the text imply about the relationship between wages and security for people?

What are the expected outcomes of implementing the proposed policy strategies?