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" Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare. "
Guy Standing
Tax
Minimum Wage
Insecurity
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" People in the precariat rely very heavily on money wages. "
Guy Standing
Very
Money
Rely
" Nobody should be allowed to fund political parties unless they pay at least 30% tax on all income above the median wage. If that rule applied, the Tory party would be bankrupted overnight. "
Guy Standing
Tax
Nobody
Political
" A rich and diverse commons lowers the cost of living for those who use it. And throughout history, it has been those on low incomes who gain most from the commons. "
Guy Standing
Living
Rich
Low
" We need a new model of social protection. Let us accept that jobs are not the magic solution - and that in a globalised market, job guarantees are a false promise. Let us accept flexible labour, too. But in return, let us have a society in which everybody has a right to basic security and a more equal access to other insurance-based schemes. "
Guy Standing
Magic
Job
Society
" The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political. "
Guy Standing
First
History
Losing
" Growth in village economies is often ignored. It should not be. "
Guy Standing
Village
Growth
Ignored
" 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. "
Guy Standing
Tolerance
People
Lose
" If I care for an elderly relative without payment, it is not work, is not counted in national income, and, as it is not labour, is not counted as work. Should my neighbour pay me to do precisely the same tasks, it would contribute to economic growth. "
Guy Standing
Care
Elderly
Growth
" 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. "
Guy Standing
Class
Society
Politicians
" Think how modern economics presents work. Only labour that contributes to growth counts. "
Guy Standing
Modern
Think
Economics
" A democratically governed national fracking fund should be set up, perhaps similar to what Norway and Alaska have. Areas of drilling should be rented to companies through public tender, with or without subsidies, and a rising share of profits beyond a negotiated upper limit should be deposited in the national capital fund. "
Guy Standing
Through
Without
Alaska
" The Magna Carta was the first class-based charter, enforced on the monarchy by the rising class. "
Guy Standing
Class
First
Monarchy
" If the scale of gas is anything like the claims made by its advocates, it has major implications for the economy and British society. Besides its worrying environmental aspects, it could have adverse effects on income distribution. "
Guy Standing
Economy
Society
Like
" Since all political parties blame the others for the economic mess, it is unfair to attribute unemployment to individual behaviour. "
Guy Standing
Unemployment
Political
Others
" Every time a government minister or spokesman lauds Magna Carta, let us boo or hiss. Shame them. And let us celebrate what it really means to our history: the ability of an emerging class to make demands against the state for new liberties and rights. "
Guy Standing
History
Celebrate
Time
" The IP system is an artificial construct that excessively rewards owners of intellectual property, granting them monopolies over inventions and ideas that, in many cases, are the product of generations of thinkers and/or publicly funded research. "
Guy Standing
Ideas
Intellectual
Product
" The precariat can be divided into three further groups - atavists, who look back to a lost past; nostalgics, who look forlornly for a present, a home; and progressives, who look for a lost future. "
Guy Standing
Future
Home
Lost
" People, in general, want to improve their lives and the lives of their children and other loved ones. "
Guy Standing
Want
People
Children
" 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. "
Guy Standing
Intellectual
Change
Financial
" Politicians should reflect on the well-documented fact that fearful, insecure people lose their sense of tolerance and altruism. "
Guy Standing
Lose
People
Politicians
" 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
Flexibility
Interests
World
" 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. "
Guy Standing
Anything
Most
Need
" The World Bank and others have been converted to conditional cash transfers (CCT). These provide poor people with cash on condition they send their children to school and for medical treatment. "
Guy Standing
Medical
Children
School
" In the old 20th-century income distribution system, the shares of income going to capital, mainly in profits, and labor, in wages and non-wage benefits, were roughly stable. But that system is no more. "
Guy Standing
Wages
More
Old
" What we need is a slow time movement to gain control over time and an overhaul of work statistics to give a better perspective on all the work being done and how much of it is undesirable, unnecessary, and demeaning. "
Guy Standing
Work
Time
Perspective
" If schooling becomes little more than preparation for the job market and consumption, it cannot produce socially responsible and altruistic citizens. "
Guy Standing
Preparation
Responsible
More
" Workfare will merely accentuate the growth of the low-paying, insecure labour market. "
Guy Standing
Labour
Will
Growth
" If you had a basic income, it would mean that everybody would have a base on top of which their earned income would be taxed at the standard rate of tax. That would increase the incentive to take low-wage jobs. "
Guy Standing
Top
Take
Mean
" Public social services, infrastructural policies, and so on are vital. But a basic income should be part of a package of reforms. "
Guy Standing
Public
Social
Income
" A primary justification for a basic income is social justice. "
Guy Standing
Social
Social Justice
Basic