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Mythos

Universal basic income (UBI) is a social welfare proposal in which all citizens of a given population regularly receive a minimum income through unconditional transfer payments, regardless of employment status or other income. Unlike a guaranteed minimum income, which targets only those below a certain threshold, universal basic income (UBI) would be distributed equally, without means-testing or work requirements. If the payment is sufficient to meet basic needs, it is considered a full basic income; otherwise, it is partial. No country has fully implemented UBI as of 2025, though Mongolia and Iran have trialed partial versions. UBI has been the subject of numerous pilot programs and ongoing policy debates, with arguments centering on its feasibility, impact on labor markets, potential to alleviate poverty, and implications for social justice. Some view UBI as a tool for navigating challenges like automation and the future of work, while others highlight concerns about cost and work incentives. Related programs include the Alaska Permanent Fund and various conditional cash transfer systems, but these typically differ from true UBI in scope or conditions. In reflecting on the energetics of a UBI, @Nick Barone said, "basic isn't sufficient, I want thriving!" to which I responded, "Nick are you asking [@One Inc] to create a @Universal Thriving Income (UTI)? You want us to give everyone UTIs? Done!"

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