universal basic income

English

Noun

universal basic income

1. A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.

   Synonyms: UBI, basic income

   • 2016 June 22, Jathan Sadowski, “Why Silicon Valley is embracing universal basic income”, in The Guardian‎^[1]:

     Silicon Valley has, paradoxically, become one of the most vocal proponents of universal basic income (UBI). […] UBI becomes a consolation prize for those whose lives are disrupted.

   • 2017 December 11, Alex Williams, “Will Robots Take Our Children’s Jobs?”, in The New York Times‎^[2], →ISSN:

     Also known as Universal Basic Income, this sunny concept holds that a robot-driven economy may someday produce an unlimited bounty of cool stuff while simultaneously releasing us from the drudgery of old-fashioned labor, leaving our government-funded children to enjoy bountiful lives of leisure as interpretive dancers or practitioners of bee-sting therapy, as touted by Gwyneth Paltrow.

Hypernyms

• basic income
• income

 

Coordinate terms

• basic income
• dole
• guaranteed basic income
• income
• old age security
• pension
• social insurance
• social security
• welfare
• worker's comp
• worker's compensation
• workman's comp
• workman's compensation

 

Derived terms

• UBI

 

Related terms

• basic income
• guaranteed basic income
• income

 

Further reading

• universal basic income on Wikipedia.Wikipedia