Guaranteed minimum income

The Roman Republic and Empire offered the Cura Annonae, a regular distribution of free or subsidized grain or bread to poorer residents.

[3][4] The first Sunni Muslim Caliph Abu Bakr, who came to power in 632 C.E., introduced a guaranteed minimum standard of income, granting each man, woman and child ten dirhams annually.

French Emperor Napoleon Bonaparte echoed Paine's sentiments and commented that 'man is entitled by birthright to a share of the Earth's produce sufficient to fill the needs of his existence' (Herold, 1955).

In 1966, the Cloward–Piven strategy advocated "overloading" the US welfare system to force its collapse in the hopes that it would be replaced by "a guaranteed annual income and thus an end to poverty".

(1967), Martin Luther King Jr. wrote[9] 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.In 1968, James Tobin, Paul Samuelson, John Kenneth Galbraith and another 1,200 economists signed a document calling for the US Congress to introduce in that year a system of income guarantees and supplements.

[11] In 1987, New Zealand's Labour Finance Minister Roger Douglas announced a Guaranteed Minimum Family Income Scheme to accompany a new flat tax.

[12] In his 1994 "autobiographical dialog", classical liberal Friedrich Hayek stated: "I have always said that I am in favor of a minimum income for every person in the country".

[15] In 2017, Harry A. Shamir (US) published the book Consumerism, or Capitalism Without Crises, in which the concept was promoted by another label, as a way to enable our civilization to survive in an era of automation and computerization and large scale unemployment.

Other modern advocates include Ayşe Buğra (Turkey), The Green Economics Institute (GEI),[16] and Andrew Coyne (Canada).

This hypothetical Chartalist approach can be seen in the implementation of quantitative easing programs where, in the United States, over three trillion dollars[18][19] were created without requiring taxes.

[21] The program has been criticised as vote-buying, trading productive individuals' earning for the votes of welfare recipients[22] As of 2011, approximately 50 million people, or a quarter of Brazil's population, were participating in Bolsa Família.

[26] On 31 August 2018, following a change in government, incoming Premier Doug Ford announced that the pilot would be cancelled at the end of the current fiscal year.

China's Minimum Livelihood Guarantee also called dibao, is a means-tested social assistance scheme introduced in 1993 and expanded to all Chinese cities in 1999.

[27][28][29] In July 2013, the Cypriot government unveiled a plan to reform the welfare system in Cyprus and create a 'Guaranteed Minimum Income' for all citizens.

A subsistence allowance is financial help for a person or family in need, which provides minimal resources for everyday life (food, medicine, housing costs, etc.).

Basic subsistence allowance paid by Kela may be granted to a person or family whose income and assets are insufficient to cover the necessary daily expenses.

The Social Insertion Income is a benefit for combating poverty, enabling individuals and their families to obtain support adapted to their situation, facilitating the satisfaction of their basic needs and aiming to integrate them into work, society and the community.

The IMV is defined as a "subjective right" and is intended to prevent poverty and social exclusion of people who live alone or integrated into a coexistence unit when they are in a situation of vulnerability due to lack of sufficient financial resources to cover their basic needs.

The United States has multiple social programs that provide guaranteed minimum incomes for individuals meeting certain criteria such as assets or disability.

For instance, Supplemental Security Income (SSI) is a United States government program that provides stipends to low-income people who are either aged (65 or older), blind, or disabled.

An early guaranteed minimum income program in the U.S. was the Aid to Families with Dependent Children (AFDC), established by the Social Security Act.

Where previously the responsibility to assist needy children lay in the hands of the states, AFDC transferred that authority to the federal government.