Basic Income

Basic Income is simply the idea that everyone has a right to a minimal income. This is paid by the state out of taxation. Set at a subsistence level, it would take the place of unemployment and other benefits. This would bring profound social changes. Anyone could opt out of employment at any time. Those with few skills would no longer be forced to take up jobs with poor prospects, and employers offering McJobs would be compelled to offer better terms. And money wasted by the state in means testing and tracing benefit fraud is saved.