The wall that does not see the bearing load from the floor joists still has a joist setting on it along the entire lenght (sets parallel to the wall). The plywood subfloor is attached to this joist, this acts to resist the load as it is essentially a large diaphram. Additionally, floor joist utilize X bracing at some interval (so you have many floor joist resisting the load, utilizing the joists weak axis to resist this load).
This is all true for good quality construction. I am not saying there are times when contractors do not install the X bracing, because I have seen it missing myself.
And there are always exceptions. For example, the stairway in my house which goes down to the basement is on an outside wall. As such, there is a section of my basement wall where nothing ties into the top of the wall.
With all of the being said, it is very time consuming to run the numbers and "prove" that it is pinned at the top. But with proper construction, this works. It just does.
So, for a standard single story basement if you put ACI min steel in the center of the section and the contractor builds the house properly there will be no structral concern.