A basic income is a periodic cash payment that is provisionally delivered to all individuals, without any other requirements than that the income recipient has reached an adult age.
Basic income levels should be such that all adult individuals can access basic needs.
- Food.
- Clothes.
- Residence
That is, basic income has the following five characeristics:
- Periodic: it is paid at regular intervals (for example every month), not as a one-off grant.
- Cash payment: it is paid in an appropriate medium of exchange, allowing those who receive it to decide what they spend it on. It is not, therefore, paid either in kind (such as food or services) or in vouchers dedicated to a specific use.
- Individual: it is paid on an individual basis—and not, for instance, to households.
- Universal: it is paid to all, without means test.
- Unconditional: it is paid without a requirement to work or to demonstrate willingness-to-work.
More can be read on BIEN Basic Income Earth Network
If we have look to france now ..there are big problem will face this world .people became like slaves …..some people control this world….
The problem isn’t whether or not basic income is good for the world, no question it is, the problem is who administrates the basic income. Right now I believe most experiments are government administrated, which is a mistake, and here is why, people will become reliant on the government to supplement their income, and governments will become reliant on the payments to gain, or maintain power, a lose, lose situation. The better solution is to have a revenue stream that pays its membership.
Agree
As I see revenue streams, I think that some of it is going through governments, and that part, I think, is easier for the public to participate and influence. But it may be different in different parts of the world.