Basic Income Program

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An Basic Income Program is an income support program that aims to provide a basic income level to some human sub-population.



  • (Wikipedia, 2020) ⇒ Retrieved:2020-10-13.
    • Universal basic income (UBI), also called basic income, citizen's income, citizen's basic income, basic income guarantee, basic living stipend, guaranteed annual income, or universal demogrant, is a theoretical governmental public program for a periodic payment delivered to all citizens of a given population without a means test or work requirement.

      Basic income can be implemented nationally, regionally, or locally. An unconditional income that is sufficient to meet a person's basic needs (i.e., at or above the poverty line) is sometimes called a full basic income; if it is less than that amount, it may be called a partial basic income. The transfers effected by basic income are the same or similar to those produced by negative income tax.

      Some welfare systems can be regarded as steps on the way to a basic income, but because they have conditions attached they are not basic incomes. An example is the wage subsidy, which is a similar but less ambitious proposal; another is a guaranteed minimum income, which raises household incomes to a specified minimum.

      Policies based on basic income have widespread support from professional economists. A 1995 survey found that 78% of American economists supported (with or without provisos) the proposition that ‘the government should restructure the welfare system along the lines of a negative income tax’. Several political discussions are related to the basic income debate, including those regarding automation, artificial intelligence (AI), and the future of work. A key issue in these debates is whether automation and AI will significantly reduce the number of available jobs and whether a basic income could help alleviate such problems, as well as whether an UBI could be a stepping stone to a resource based economy or post scarcity.


  • (Yang, 2018) ⇒ Andrew Yang. (2018). “The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income is Our Future.” Hachette.






  • (King, 1967) ⇒ Martin Luther King, Jr.. (1967). “Where Do We Go from Here: Chaos Or Community? (Large Print 16pt).” ISBN:9781459647763
    • QUOTE: … In addition to the absence of coordination and sufficiency, the programs of the past all have another common failing -- they are indirect. Each seeks to solve poverty by first solving something else.

      I am now convinced that the simplest approach will prove to be the most effective -- the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income.

      Earlier in this century this proposal would have been greeted with ridicule and denunciation as destructive of initiative and responsibility. At that time economic status was considered the measure of the individual's abilities and talents. In the simplistic thinking of that day the absence of worldly goods indicated a want of industrious habits and moral fiber.