Welfare and Social Security are governmental programs involving taxes/public debt and are both, in different ways, redistributive. In this paradigm the minimum guaranteed income--guaranteed because everyone who wanted a job would be guraranteed a job--would not be administerd by government, would not involve taxes/public debt, and would not be in any way redistributive. It would surpass the goals of welfare and Social Security, but in a totally differrent way.

Arguing about words has nothing to do with the structure and functioning of the paradigm. There is no theory here. There is only what would result from instituting this paradigm within the existing economic system.