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Social-welfare system
Guaranteed minimum income (GMI), also called minimum income (or mincome for short), is a social-welfare system that guarantees all citizens or families
Guaranteed_minimum_income
Unconditional social welfare proposal
perform work. In contrast, a guaranteed minimum income (GMI) is paid only to those who do not already receive an income that is enough to live on. A UBI
Universal_basic_income
Political strategy
welfare claims, forcing the creation of a system of guaranteed minimum income and "redistributing income through the federal government". Cloward and Piven
Cloward–Piven_strategy
the use of collective labour agreements. See also Guaranteed minimum income and Universal basic income. Austria Denmark Finland Iceland Italy Liechtenstein
List of European countries by minimum wage
List_of_European_countries_by_minimum_wage
Type of socialist philosophy
hospitals. A guaranteed minimum income is a system of social welfare provision that guarantees that all citizens or families have an income sufficient to
Islamic_socialism
Sociopolitical concept
Global basic income or world basic income is the concept of giving everyone in the world a guaranteed minimum income of money on a regular basis. The
Global_basic_income
leave some in the private sector unsupported. In 2014, the Cyprus Guaranteed Minimum Income and Social Benefits Law was passed to replace the previous Public
Welfare_in_Cyprus
American political scientist
Social Assistance in China Cares for its Rulers discusses the guaranteed minimum income system in China. Pan received her Ph.D. in 2015 from Harvard University's
Jennifer_Pan
Guaranteed minimum income program in Italy
a universal basic income, it was actually a form of conditional and non-individual guaranteed minimum income. The citizens' income had been proposed by
Citizens'_income_(Italy)
Wealth gained over a given time period
capita Median income Minimum wage Guaranteed minimum income Personal income Real income Revenue Social dividend Universal basic income Unpaid work Barr
Income
Canadian pension program
supplemented by the Guaranteed Income Supplement (GIS), which is added to the monthly OAS payment for seniors with lower incomes. Some low-income spouses and
Old_Age_Security
Organization to enact a $6,500 guaranteed minimum income, and in his 1972 presidential campaign, proposed replacing the personal income tax exemption with a $1
List of advocates of universal basic income
List_of_advocates_of_universal_basic_income
Refundable tax credit for low-to-middle class individuals in the U.S.
the Family Assistance Plan, which included a guaranteed minimum income in the form of a negative income tax. The House of Representatives passed this
Earned_income_tax_credit
American software developer (born 1970)
fighting plastic pollution. In 2025, Atwood started the Rural Guaranteed Minimum Income Initiative (RGMII), studying the effects of cash payments to citizens
Jeff_Atwood
Proposed tax reform
mentions that the right is frightened due to the introduction of a guaranteed minimum income the poor would have a disincentive to improve their well-being
Negative_income_tax
Series of payments made at equal intervals
usually subject to a minimum guaranteed return and features such as caps or participation rates. A deferred annuity starts income payments after a deferral
Annuity
Type of experiments
launching similar schemes as well. In Italy, other projects of minimum guaranteed income had already been realized, much more advanced both for the amount
Universal_basic_income_pilots
Re-election of Richard Nixon
an immediate end to the Vietnam War and the institution of a guaranteed minimum income. Nixon maintained a large lead in polling. McGovern's general
1972 United States presidential election
1972_United_States_presidential_election
Economic policy proposal for full employment
Abandoned Flexicurity Guaranteed minimum income Involuntary unemployment Job security Modern Monetary Theory National Rural Employment Guarantee Act Natural rate
Job_guarantee
Form of debt refinancing
student loan entitlements are guaranteed, and are recovered using a means-tested system from the student's future income. Student loans in the UK can not
Debt_consolidation
Negative income tax and labour market participation, by Samir Amine & Pedro Lagos Dos Santos Guaranteed minimum income Mincome Program Negative income tax
Universal basic income in Canada
Universal_basic_income_in_Canada
Political philosophy
pay all employees a living wage and not just a minimum wage, as a "bottom-up" response to widespread income inequalities or high poverty rates. Many "top-down"
Redistribution of income and wealth
Redistribution_of_income_and_wealth
Speeches delivered by Martin Luther King Jr.
it, a proposal for a comprehensive anti-poverty program with a guaranteed minimum income, and closes out the speech by touching briefly on his opposition
The_Other_America_(speech)
Plan for the coordination of income and expenses
budget (for a group sharing a household) is a plan for the coordination of income and expenses. Personal budgets are usually created to help an individual
Personal_budget
Economic theory by Terry Pratchett
Cycle of poverty Precarity Time poverty Guaranteed minimum income Universal basic income List of basic income models Poverty reduction Sustainable Development
Boots_theory
Prime Minister of Italy from 2018 to 2021
introduced important reforms including the introduction of a guaranteed minimum income, a constitutional reform to reduce the number of parliamentarians
Giuseppe_Conte
Non-wage compensation provided to employees in addition to normal wages or salaries
free utilities; group insurance (health, dental, life, etc.); disability income protection; retirement benefits; daycare; tuition reimbursement; sick leave;
Employee_benefits
Index of social mobility of the World Economic Forum
percentage) Pillar 9: Social Protection Guaranteed minimum income benefits (as a percentage of median income) Social protection coverage (as a percentage
Global_Social_Mobility_Index
Guaranteed minimum income Market impact Risk–return spectrum Social dividend Structured product Sustainability Systematic risk Universal basic income
Pension_systems_by_country
American businessman
and opposes single-payer healthcare, free college tuition, and guaranteed minimum income, deeming these policies to be a form of "socialism." A friend
Ken_Langone
"Wealth distribution often results in higher Gini coefficients compared to income distribution, reflecting more pronounced inequality in wealth even in affluent
List of countries by wealth per adult
List_of_countries_by_wealth_per_adult
countries and dependencies by population density List of countries by guaranteed minimum income List of countries by gun ownership List of countries by homeless
List of international rankings
List_of_international_rankings
British social security benefit
13 months from the date of decision). Guaranteed minimum income Social Fund (UK) Supplemental Security Income, a similar programme offered by the United
Income_Support
Individual or business that offers loans, using personal property as collateral
Guaranteed minimum income Market impact Risk–return spectrum Social dividend Structured product Sustainability Systematic risk Universal basic income
Pawnbroker
Government cash transfer program
transparency and efficiency Saudi Arabia portal Economy of Saudi Arabia Guaranteed minimum income "'Citizen Account Programme' to help Saudis face economic changes"
Citizen's Account Program (Saudi Arabia)
Citizen's_Account_Program_(Saudi_Arabia)
Form of periodic payment from an employer to an employee
The political popularity of minimum wages stems in part from the fact that the policy offers a means for redistributing income without having to increase
Salary
Mathematical framework for investment risk
hyperbola, and can be interpreted as the expected return of the global minimum-variance portfolio (global MVP). The tangency portfolio exists if and only
Modern_portfolio_theory
Anti-poverty services provided by the state; NGO Advocacy
compared to other country groups. Basic income guarantee Citizen's dividend Economic security Guaranteed minimum income Housing First Poor relief Social dividend
Social_safety_net
Sufficient pay to support a family
Entitlement Family economics Guaranteed minimum income Household income Income distribution Labour law Living wage Maximum wage Minimum wage Wage slavery Wage
Family_wage
Political party in Lithuania
and socially conservative on socio-cultural issues. It supports guaranteed minimum income, strengthening the traditional family, achieving climate neutrality
Union of Democrats "For Lithuania"
Union_of_Democrats_"For_Lithuania"
1962 book by Milton Friedman
inefficient. To replace them, he advocates a negative income tax, giving everyone a guaranteed minimum income. xiii. Conclusion The conclusion to the book centers
Capitalism_and_Freedom
Social category
Cycle of poverty Precarity Time poverty Guaranteed minimum income Universal basic income List of basic income models Poverty reduction Sustainable Development
Peonage
Short-term unsecured loan
employment or income is involved (via pay stubs and bank statements), although according to one source, some payday lenders do not verify income or run credit
Payday_loan
Accumulation of sufficient resources to not need employment
or personal use assets, passive income, income generated from side jobs, inheritance, pension and retirement income sources, and varied other sources
Financial_independence
merchant. He was one of the earliest proponents of a citizen's income or guaranteed minimum income, preceding even the "state bonus" scheme published by British
Joseph_Charlier
Color between indigo and ultraviolet on the electromagnetic spectrum
is called The Violet Party. It believes in direct democracy, a guaranteed minimum income and politics based on spirituality. It was founded in Dortmund
Violet_(color)
Financial products enabling ownership of a car
Guaranteed minimum income Market impact Risk–return spectrum Social dividend Structured product Sustainability Systematic risk Universal basic income
Car_finance
Class of wage-earners in a tenuous job situation close to unemployment
Precariat: The New Dangerous Class where he proposed a universal basic income as a solution for addressing the problem.[citation needed] In his 2014 book
Precariat
Canadian social experiment
Mincome, the "Manitoba Basic Annual Income Experiment", was a Canadian guaranteed annual income (GAI) social experiment conducted in Manitoba in the 1970s
Mincome
Payment by an employer to an employee for labour
Examples of wages or wage payments include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such
Wage
Credit card which must be paid in full
value which typically ranges between 1 and 4%, plus an interchange or minimum fee. Many charge cards have the option for users to pay for some purchases
Charge_card
favours a guaranteed minimum income and a "National Energy Guarantee" (NEG). Several British academics have been involved in the basic income debate. Among
Universal basic income in the United Kingdom
Universal_basic_income_in_the_United_Kingdom
Retirement fund
to employer-sponsored pensions sometimes use annuities to create a guaranteed income stream similar to a traditional pension. The common use of the term
Pension
Norwegian composer and music critic
composer. For his body of work he was granted kunstnerlønn, a guaranteed minimum income for artists, by the Norwegian state in 1938. He had also worked
Per_Reidarson
English-born philosopher and author (1737–1809)
discussing the origins of property and introducing the concept of a guaranteed minimum income through a one-time inheritance tax on landowners. Having returned
Thomas_Paine
American sociologist and activist (1926–2001)
governments", which they believed would lead to the implementation of a guaranteed minimum income. They advocated stressing the system to the point of failure in
Richard_Cloward
Loan secured using real estate
Common measures include payment to income (mortgage payments as a percentage of gross or net income); debt-to-income ratio (all debt payments, including
Mortgage
Minimum income to meet a worker's basic needs
the minimum income required for a worker to meet their basic needs. This is not the same as a subsistence wage, which refers to a biological minimum, or
Living_wage
Minimum income deemed adequate to live in a specific country or place
poverty threshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually
Poverty_threshold
American civil rights activist (born 1957)
mayoral candidate Andrew Yang, praising Yang's plan to provide a guaranteed minimum income like King's father had wanted and declaring that he was joining
Martin_Luther_King_III
1967 book by Martin Luther King Jr.
recommended for use in teaching. Books portal 1967 in literature Guaranteed minimum income Martin Luther King Jr.#Legacy Bibliography of Martin Luther King
Where Do We Go from Here: Chaos or Community?
Where_Do_We_Go_from_Here:_Chaos_or_Community?
Book by Antonio Negri and Michael Hardt
failure to relate radical demands (such as global citizenship and guaranteed minimum income) to the "inherent antagonisms" of the capitalist process that
Empire_(Hardt_and_Negri_book)
Retirement scheme
Guaranteed minimum income Market impact Risk–return spectrum Social dividend Structured product Sustainability Systematic risk Universal basic income
Pay-as-you-go_pension_plan
Income saved for later use
Saving is income not spent, or deferred consumption. In economics, a broader definition is any income not used for immediate consumption. Saving also
Saving
Aspect of poverty measurement
insecurity. Anthropological theories of value Basic income Economic security Guaranteed minimum income Housing First Human right to water and sanitation
Basic_needs
Dutch journalist, writer, and historian (born 1988)
universal basic income, the workweek and open borders. As of 2016, Bregman approvingly cited a 1968 US proposal for a guaranteed minimum income, put forward
Rutger_Bregman
Condition of being deserving of something, whether good or bad
poverty Welfare Criticism of welfare Socioeconomic status Guaranteed minimum income List of basic income models "Desert - Etymology, Origin & Meaning". www.etymonline
Desert_(philosophy)
themes included a reduction of income tax[citation needed] and VAT on food. A proposal for a guaranteed minimum income was introduced by some parties
2007 Finnish parliamentary election
2007_Finnish_parliamentary_election
The Revenu minimum d'insertion (RMI) was a French form of social welfare. It is aimed at people without any income who are of working age but do not have
Revenu_minimum_d'insertion
Professional who buys and sells shares for others
requirements. The qualification, and attaching CPD program, meets the "minimum competency requirements" specified by the Financial Regulator, for advising
Stockbroker
Campaigning organisation in the United Kingdom
Scottish Low Pay Unit, and Bloomsbury Fightback! Basic income Distributism Guaranteed minimum income Human rights Labor market Maximum wage Positive rights
Living_Wage_Foundation
Brazilian politician (born 1941)
Distribution of Income to the Rights of Citizenship" (published by Editora Brasiliense - 1988) and "The Program of Guaranteed Minimum Income" (edited by the
Eduardo_Suplicy
Form of debt modification
Guaranteed minimum income Market impact Risk–return spectrum Social dividend Structured product Sustainability Systematic risk Universal basic income
Debt_rescheduling
Philosophical movement
combination of political and technological solutions (like a guaranteed minimum income and alternative technology). Therefore, on the specific issue
Transhumanism
Secretary-General of the United Nations since 2017
nonprofit sectors in providing welfare services, a means-tested guaranteed minimum income (known as the Rendimento Mínimo Garantido), and increased investment
António_Guterres
Professional who renders financial services to clients
$12 per trade, where permitted, including mark‑ups or mark‑downs on fixed‑income products. A mark-up, when one buys house products (such as bonds that the
Financial_adviser
Minimum wage in United Kingdom
by the Living Wage Foundation. Basic income Guaranteed minimum income Living wage Maximum wage Minimum wage Minimum wage law in the UK Universal Credit
National_Living_Wage
The Minimum Income Standard (MIS) is a research method developed in the UK, and now applied in other countries, to identify what incomes different types
Minimum_Income_Standard
Economics theory
recipient's utility may be higher if they don't work and earn the guaranteed minimum income (curve U1) than if they do work and earn slightly more (curve
Welfare_trap
Investment strategy
Guaranteed minimum income Market impact Risk–return spectrum Social dividend Structured product Sustainability Systematic risk Universal basic income
Growth_investing
Denial of wages or employee benefits rightfully owed to an employee
undocumented immigrants. Some rights violated by wage theft have been guaranteed to workers in the United States in the 1938 Fair Labor Standards Act (FLSA)
Wage_theft
Replacement of one debt obligation with another under different terms
enough income to make your house payments. Cannot take cash out – All you can do is finance your current loan balance, and the new Guarantee Fee (USDA
Refinancing
Socioeconomic and personal finance concept
intelligence Guaranteed minimum income Living wage Precariat Social credit Social dividend Social policy Social safety net Universal basic income National
Economic_security
which included a guaranteed minimum income of $325 a week. Green co-leader Marama Davidson stated that "Our Guaranteed Minimum Income is about fairness
2020 New Zealand general election
2020_New_Zealand_general_election
German economist, columnist, and author (born 1955)
debate on Guaranteed minimum income (GMI) in the early 1980s. GMI is a proposed system of social welfare provision that guarantees a basic income for all
Klaus-Uwe_Gerhardt
Import and distribution of grain in Rome and Constantinople
agriculture Agriculture in ancient Rome Guaranteed minimum income – Social-welfare system Universal Basic Income – Unconditional social welfare proposalPages
Cura_annonae
Form of social disadvantage and relegation to the fringe of society
Basic income Blacklisting Cancel culture Closure (sociology) Cordon sanitaire (international relations) Distribution of wealth Exclusionism Guaranteed minimum
Social_exclusion
Wage control law
they believe ensues, while allowing the financing of jobs and a guaranteed minimum income for the poorest workers. In his campaign for the French presidency
Maximum_wage
Working people whose incomes fall below the poverty line
Employment-to-population ratio Entitlement Family wage Guaranteed minimum income Income distribution Income inequality Labour rights List of countries by GDP
Working_poor
French social welfare benefit
benefit that supplements the income of a person who is destitute or has few resources, in order to guarantee a minimum income. It replaced the former RMI
Revenu_de_solidarité_active
Investments other than stocks, bonds and cash
co-invest and gain partial ownership in physical assets that generate lease income. Through these platforms, investors can hold fractional ownership of a particular
Alternative_investment
2014. On 10 July 2014, the Cypriot government established the guaranteed minimum income through the approval of House of Representatives, which allows
Poverty_in_Cyprus
City in Israel
mean income for the self-employed was 5,996 NIS. 557 people received unemployment benefits and 2,701 people received a guaranteed minimum income. The
Kiryat_Bialik
Type of loan for educational expenses
federal government) and guaranteed loans, originated and held by private lenders but guaranteed by the government. The guaranteed lending program was eliminated
Student_loan
Abundance of financial assets or possessions
automobiles; monetary savings, such as the accumulation of past income; and the capital wealth of income producing assets, including real estate, stocks, bonds
Wealth
American political campaign
poverty in America, McGovern supported the introduction of a guaranteed minimum income. This proposal aimed to provide a safety net for disadvantaged
George McGovern 1972 presidential campaign
George_McGovern_1972_presidential_campaign
Lowest remuneration which can be paid legally in a state for working
unfair bargaining power over them. Over time, minimum wages came to be seen as a way to help lower-income families. Modern national laws enforcing compulsory
Minimum_wage
determined by Objective personal or social traits such as age, gender, income, wealth, family, tax situation, opportunities. Subjective attitudes, linked
Investor_profile
Low-paid unskilled job
advantages is that it can be found relatively easily and that it offers a secure income in periods of economic crisis and high unemployment. Examples of such jobs
Menial_job
Used to determine the periodic payment amount due on a loan
or P ( r − 1 ) = P i < A {\displaystyle P(r-1)=Pi<A} . This defines a minimum payment necessary to exceed the interest added to the loan and make progress
Amortization_calculator
travel, tourism, insurance
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
GUARANTEED MINIMUM-INCOME
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