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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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" 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. "

" Twentieth-century welfare state capitalism was historically unique in that national income was split between wages and profits, labour and capital. "

" Means-tested benefits have one incredible feature in that they impose huge poverty traps. "

" Think of a public library, worth more for those who cannot afford numerous books. Think of a public waterway or fishing ground. All types of commons have imputed monetary value that together comprise a source of social income. As such, the commons reduces economic inequality and insecurity in society. "

" A multi-tier social protection system must be based on a modest basic income so as to enable the precariat to build lives involving a balance of different types of work, not just labour in jobs. "

" The precariatised mind is one without anchors, flitting from subject to subject, in the extreme suffering from attention deficit disorder. But it is also nomadic in its dealings with other people. "

" Public social services, infrastructural policies, and so on are vital. But a basic income should be part of a package of reforms. "

" The precariat faces chronic uncertainty about what to do, about what incomes to expect, about state benefits that might be their due, about their relationships, their homes, and about the occupations they can realistically expect. "

" Think of how much time is spent looking and applying for jobs. Some of those who have read my book on the precariat have told me they have applied for thousands of jobs. This is scarcely leisure; it is work. "

" People in the precariat rely very heavily on money wages. "

" Every progressive movement has been built on the anger, needs, and aspirations of the emerging major class. "

" People want to work, but they don't want to necessarily want to do labour. "

" What distinguishes a commons is that it is not private property, does not have a price, and is oriented towards 'use value' rather than 'exchange value.' It does not exist to generate profits. "

" Collective action remains the best way of renewing the march towards the great trinity of liberty, equality, and solidarity. "

" 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. "

" The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political. "

" 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. "

" Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare. "

" If schooling becomes little more than preparation for the job market and consumption, it cannot produce socially responsible and altruistic citizens. "

" The Latin root of 'precariousness' is 'to obtain by prayer.' The precariat must ask for favours, for charity, to show obsequiousness, to plead with figures of authority. It is degrading and stigmatizing. "

" Corporations and financiers have used their growing influence to induce governments and international organizations to construct a global framework of institutions and regulations that enable elites to maximize their rental income. "

" 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. "

" Capital is taxed much less than labour; subsidies going to capital, the rich, and middle-income earners greatly exceed the benefits going to the precariat and underclass. "

" The primary value of a basic income would be its emancipatory effect. "

" Retraining for the precariat is stressful and demoralising; often, they learn new tricks only to find them obsolescent or unwanted. "

" 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. "

" Successive governments in the U.K. have worked to create a more flexible labour market, which also meant labour insecurity. They allowed wages to drop and non-wage benefits to shrivel, creating worse inequality than statistics reveal. "

" Although the precariat does not consist simply of victims, since many in it challenge their parents' labouring ethic, its growth has been accelerated by the neoliberalism of globalisation, which put faith in labour market flexibility, the commodification of everything, and the restructuring of social protection. "

" Politicians should reflect on the well-documented fact that fearful, insecure people lose their sense of tolerance and altruism. "

" 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. "