Basic income
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A basic income (also called basic income guarantee, unconditional basic income, universal basic income, universal demogrant, or citizen’s income) is a proposed system of social security in which citizens or residents of a country regularly receive a sum of money unconditionally from the government. This is distinct from guaranteed minimum income, which may be conditional upon participation in the labor force or other means testing. A basic income of any amount less than the social minimum is sometimes referred to as a 'partial basic income'.
Similar proposals for "capital grants provided at the age of majority" date to Thomas Paine's Agrarian Justice of 1795, there paired with asset-based egalitarianism.
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See also
- Asset-based egalitarianism (variant of basic income)
- Cash transfers
- Citizen's dividend
- FairTax: Monthly tax rebate
- Global basic income
- Geolibertarianism
- Georgism
- Libertarian socialism
- Market socialism
- Negative income tax
- Old Age Security
- Refusal of work
- Social credit
- Social welfare provision
- Speenhamland system
- Universal Credit
- Work–life balance
- Working time
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