English - Actor | September 1, 1873 - February 24, 1937
In the interests of competitiveness in a globalizing world economy, governments of all complexions introduced labour-market reforms that promoted flexibility but accentuated the precariat's insecurities.
Guy Standing
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Most existing national capital funds have been built up from royalties from oil and other minerals. They need not be limited that way. Most are anything but democratic. That could be changed.
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Collective action remains the best way of renewing the march towards the great trinity of liberty, equality, and solidarity.
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Chronically insecure people easily lose their altruism, tolerance, and respect for non-conformity. If they have no alternative on offer, they can be led to attribute their plight to strangers in their midst.
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Globalisation, technological change, and the move to flexible labour markets has channelled more and more income to rentiers - those owning financial, physical, or so-called intellectual property - while real wages stagnate.
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The evidence shows if you give people security, they become better people. They develop their talents. They become better citizens.
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In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen.
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Magna Carta only came into being in 1217, when the wording had been changed and parts of the original were extended in the Charter of the Forests. This complementary charter covered liberties granted to the common man, including rights to the commons, grazing, fishing, water, and firewood, and was perhaps the first ecological charter in history.
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Politicians seem desperate to appeal to their respective versions of the so called 'middle class,' unable to empathise with the precariat and eager to dream up fresh and tougher sanctions against society's wounded.
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Growth in village economies is often ignored. It should not be.
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The precariat consists of a growing proportion of our total society. It is being habituated to accept a life of unstable labour and unstable living. Often they're unable to say what their occupation is, because what they're doing now might be quite different from what they were doing three months ago.
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People in the precariat find themselves in the situation where the level of their education and qualifications is almost always higher than the sort of labour that they're going to be able to obtain.
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