This innovative book provides the first in-depth analysis of participatory income and its potential role in countering endemic poverty and unemployment in high-income countries. Heikki Hiilamo reviews the concept of basic income and specific basic income experiments before presenting participatory income as a viable alternative in the fight against poverty. Highly topical, chapters explore pressing issues such as the effects of automation on the future of work and the links between social protection and eco-social transition. Putting forward the argument that any reform of social assistance should continue to enforce reciprocity with reduced means-testing, Hiilamo explores the practical advantages of the participation income model in reducing poverty and developing an eco-social welfare model. Tackling one of the most heated current debates in social policy, this book will be a key resource for scholars and students in this field, particularly those with a focus on welfare and labour economics, labour policy and the sociology of work. Its use of examples and case studies will also benefit practitioners and policy makers.