Basic income
A basic income (also called basic income guarantee, Citizen's Income, unconditional basic income, universal basic income, or universal demogrant is a form of social security in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere. An unconditional income transfer of less than the poverty line is sometimes referred to as a partial basic income. Basic income systems that are financed by the profits of publicly owned enterprises (often called social dividend, also known as citizen's dividend) are major components in many proposed models of market socialism.[4] Basic income schemes have also been promoted within the context of capitalist systems, where they would be financed through various forms of taxation. Similar proposals for "capital grants provided at the age of majority" date to Thomas Paine's Agrarian ...