Thinking On Sunday: The Precariat - The Dangerous New Class, with Guy Standing

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Meet the new Precariat - the rapidly growing number of people facing lives of insecurity, on zero hours contracts, moving in and out of jobs that give little meaning to their lives. The delivery driver who brings your packages, the uber driver who gets you to work, the security guard at the mall, the carer looking after our elderly…these are The Precariat.
In this talk, Guy Standing investigates this new and growing group, finding a frustrated and angry new underclass who are often ignored by politicians and economists. The rise of zero hours contracts, encouraged by fat cat corporations as risk-free employment, and by Silicon Valley as a way of outsourcing costs and responsibility, has been exacerbated by the COVID pandemic. At the same time, in its experience of lockdown, the western world is realizing the true value of these nurses, carers and key workers.
The answer? The return of income security and meaningful work - the principles 20th century capitalism was built on. By making the fears and desires of the Precariat central to economic thinking, Standing shows how concepts like Basic Income are not just desirable but inevitable, and plots the way to a better future.
[This talk was recorded in the Brockway Room at Conway Hall with an in-person and online audience]
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Conway Hall hosts a wide variety of talks, concerts, exhibitions, courses, performances, community and social events. It is also renowned as a hub for free speech and independent thought, hosting suffragettes, political radicals, scientists, philosophers, artists, performers; campaign, charities and other non- profit organisations.

[@suzushiEitan]

Brilliant. The story of many many of us

[@patrickdaly3628]

I've read and seen prof. Standings work and realized I and my cohort have a name! Seeing a proffesional economist describe my life to a T at least makes me feel less crazy.

[@willemvandoesselare7959]

883 views . Says a lot .

[@patrickmccormack4318]

"Where Ethics Matter"...that's a strange subtitle, I do not understand. I'm a caveman, define what that subtitle implies. Perhaps, a more fitting subtitle could be, Where Ethical Perspectives Matter. Is that what is meant by "Where Ethics Matter" ?
BTW: I do not "dislike" the presentation. It is my simple attempt to gain your attention. If you will, reply to my comment. I do follow the work of Guy Standing and other renegade economists.