by Alex Vikoulov
"Basic income is not a utopia, it's a practical business plan for the next step of the human journey." -Jeremy Rifkin
Unconditional Basic Income (also called basic income guarantee or social dividend) is a system of social security in which all citizens or residents of a country regularly receive an unconditional sum of money from a government regardless of any other income. Pilot programs have been introduced in a number of European countries and aimed at replacing outdated bureaucratic welfare systems altogether.