There is another "floor" approach: a "democratically distributed income." It can be thought of as a permanent ‘quantitative easing’ for people. The income would be based on the current median (or perhaps average) personal income — so in the U.S., say (at least) $15/hr.; $600/wk. It would not be paid to everyone, but any (adult) citizen could become eligible for it. The money for the income would be created as needed, so it would not come from taxes, but would be free; the total of the income would contribute (as currency) to the money supply of the economy. There are built-in barriers to inflation. This paradigm could be applied to the existing economy of any nation.