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Universal basic income (UBI) [note 1] is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform work.
Universal basic income and negative income tax, which is a related system, has been debated in the United States since the 1960s, and to a smaller extent also before that. . During the 1960s and 1970s a number of experiments with negative income tax were conducted in United States and Cana
Universal basic income (UBI) is discussed in many countries. This article summarizes the national and regional debates, where it takes place, and is a complement to the main article on the subject: universal basic income .
Universal basic income pilots are smaller-scale preliminary experiments which are carried out on selected members of the relevant population to assess the feasibility, costs and effects of the full-scale implementation of universal basic income (UBI), or the related concept of negative income tax (NIT), including partial universal basic income and similar programs.
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The New Economics Foundation concluded that "UBI is an individualistic, monetary intervention that undermines social solidarity and fails to tackle the underlying causes of poverty, unemployment and inequality", it instead favours a guaranteed minimum income and a "National Energy Guarantee" (NEG). [66] [67]
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Universal basic income (UBI), also known by many other names: Periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement. [4] Philippe Van Parijs, Karl Widerquist, Guy Standing: US and Canada (local experiments); the Iranian basic income is somewhat between a partial and a full basic ...