basic income

Guaranteed minimum payment

Basic income is a government program that provides regular cash payments to all citizens or residents, regardless of employment status or other income.

The concept appears most often as universal basic income (UBI), emphasizing that everyone receives it without means testing.

Proponents argue it could eliminate poverty and simplify welfare systems; critics question its cost and potential effects on work incentives.

The pilot program tested whether basic income would discourage people from seeking jobs.

universality

unconditional

Without limits or qualifications

dignity · right · citizenship · entitlement · blanket coverage · no strings attached · automatic · birthright · egalitarian · accessible

security

safety net

Protection against failure

buffer · fallback · cushion · protection · resilience · security blanket · floor · baseline · backstop · stability

policy

UBI

Unconditional government payments

fiscal policy · redistribution · poverty reduction · legislation · government program · economic policy · direct payments · stipend · allowance · grant

welfare

social assistance

Government aid for poor

food stamps · SNAP · social services · entitlements · poverty alleviation · government aid · welfare state · dole · relief

subsistence

poverty line

Income cutoff marking need

food security · shelter · minimum wage · living wage · cost of living · threshold · sustenance · bare minimum · sufficiency · affordability

advocates

Andrew Yang

Milton Friedman

Categories
Opposites
conditionality of income

basic incomeworkfare

Benefits requiring labor

welfare-to-work · earned income · means-tested benefits · merit-based pay · salary

universality of distribution

basic incomefood stamps

Subsidized grocery purchasing vouchers

Medicaid · housing vouchers

source of livelihood

basic incomewage labor

Work exchanged for payment

employment · salary · self-employment · investment returns · capital gains

Family

base, basic, income, basics, based, bases, incoming, incomes, basing

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G