The following from The $30,000 solution, by Robert R. Schutz, 1996:
A new concept is emerging, that the modern world’s inherited wealth can eliminate poverty. In Europe it is called the Citizens’ Income. In New Zealand it is called the Universal Income. In South Africa is is called the Basic Income Grant. In Canada the Guaranteed Annual Income. In the US it is the Citizens’ Dividend.
The change would be dramatic. The dividend would give income to millions that at present have no purchasing power. There would be an explosion of local economic activity, and the crippling stress of modern life would be removed.
A Citizens’ Divident would free people to improve their lives. It would provide them with a financial platform from which they can choose the life they want to lead. They could get out of work they find unsatisfying making way for others that want the job. They can avoid work that harms the environment. There would be no need to produce unnecessary or short-lived products just in order to generate employment. And people would not need to amass excessive wealth for their old age.
A Citizens’ Income would do more than anything else to give us a humane and civilized society.