Introduction

Abstract

Abstract The 2008 financial crisis and the era of austerity that followed have pushed poverty and inequality to the top of the political agenda for the first time in a generation. One of the most striking responses has been the surge of interest in a Universal Basic Income—an idea which has circulated in British politics since at least the First World War, and has intersected with proposals for more selective and conditional forms of minimum income. This introduction examines the history of guaranteed income in modern Britain from two perspectives: an ideational story about the circulation and development of basic income, Negative Income Tax, and tax credit schemes, and a public policy story about the growth of cash transfers since the 1970s. It argues that the UK has become a ‘transfer state’ in which working-age benefits play a central role in legitimating a particular form of post-industrial liberal capitalism.