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Basic Income and Basic Income Schemes: Definitions and Details

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Basic Income—What, Why, and How?

Part of the book series: Exploring the Basic Income Guarantee ((BIG))

Abstract

A Basic Income scheme is a Basic Income, with levels for different ages specified, funding methods specified, and accompanying changes to tax and benefits systems specified. Different schemes can have very different effects: for instance, on affordability, on the redistribution of disposable income, on poverty, on inequality, on employment incentives, and on household gains and losses at the point of implementation.

If an author fails to distinguish between Basic Income and a Basic Income scheme, then their arguments either for or against a particular scheme can be taken, either by themselves or by others, as arguments for or against Basic Income, which they are not. Also, if an author calls a proposal a Basic Income when it is not one, then they and others might take arguments against the proposal to be arguments against Basic Income when they are not. Arguments for or against a particular Basic Income scheme are not necessarily arguments for or against Basic Income, and just one feasible Basic Income scheme in a context means that Basic Income is feasible in that context. Arguments for or against a Minimum Income Guarantee or similar mechanism are not necessarily arguments for or against Basic Income.

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Acknowledgements

This chapter is the first publication of a paper presented at the Basic Income Earth Network (BIEN, 2022) annual congress held in 2018 in Tampere, Finland. The original conference paper can be found here: https://basicincome.org/wp-content/uploads/2018/09/Basic-Income-and-Basic-Income-schemes-definitions-and-details.pdf. The articles referenced in the sections of the article titled ‘Rothstein v. Torry’ and ‘Pitts et al. v. Torry’ (Torry, 2018a, 2018c) appeared, respectively, in Social Europe and Renewal, and are republished in Chapter 9 of this volume. The additional section in square brackets, not in the original congress paper, is taken from a presentation on Basic Income prepared for a training course for Chinese interns working with BIEN in 2021.

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Correspondence to Malcolm Torry .

Appendix

Appendix

The appendix of the original conference paper consisted of microsimulation research results on an illustrative Basic Income scheme for the United Kingdom. The appendix can be found here: https://basicincome.org/wp-content/uploads/2018/09/Basic-Income-and-Basic-Income-schemes-definitions-and-details.pdf. A discussion of microsimulation research, and more up to date examples, can be found in Chapter 16 of this volume.

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Torry, M. (2022). Basic Income and Basic Income Schemes: Definitions and Details. In: Basic Income—What, Why, and How?. Exploring the Basic Income Guarantee. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-14248-2_4

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  • DOI: https://doi.org/10.1007/978-3-031-14248-2_4

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-031-14247-5

  • Online ISBN: 978-3-031-14248-2

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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