The Economic Security Project is currently hosting a short story contest with a massive prize: $12,000 cash, given as “basic income” for an entire year.

The short story should be about the idea of “basic income,” which is unconditional money given to an individual, and is able to cover their basic needs.

The idea of “basic income” has been gaining popularity recently, especially among certain Silicon Valley capitalists.

According to their contest guidelines:

What might a world look like where all of our most basic needs are met? In 5,000 words or less, we want you to explore the impacts of a basic income on individual lives and on society at large. To be clear, we are not expecting you to draft economic policy, but hope to ignite debate around new economies with stories that offer nuanced critique and evidence of impact. Writers may want to address how this economic policy could shift relationships of power, or if economic liberation is even possible without first addressing racial and gender justice. Writers may consider universality (i.e., whether this benefit applies to everyone), investigate the community impact, and even give this economic idea a new name.

The deadline to enter is November 1st 2017;.

The contest will be judged by an array of people, from both the technology industry and the publishing industry.

Learn more about the contest here.