While a guaranteed minimum income (GMI) is popular in many societies, basic income has not yet taken proper hold as a system of welfare. Whereas GMI makes welfare transfers conditional on certain criteria (such as earning below the means of existence), basic income distinguishes itself by unconditionally transferring a set amount of wealth to all citizens of a country. Political Initiatives
Initiatives to debate and implement basic income started in the 1970s in Denmark and the Netherland. They spread into Germany and Britain and took a strong foothold in France. In 2013, a petition in Germany was deemed “unrealisable” […]
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