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" 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. "

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" 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. "

Guy Standing

Rich

Much

Less

" The precariat is today's mass class, which is both dangerous, in rejecting old political party agendas, and transformative, in wanting to become strong enough to be able to abolish itself, to abolish the conditions of insecurity and inequality that define it. "

" Millions of people in many so-called democratic countries have lost the right to vote, or never obtain it. And millions clearly feel that the political mainstream is not articulating a vocabulary or policies oriented to their needs and aspirations. "

" 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. "

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

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

" 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. "

" 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. "

" 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. "

" 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. "

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

" In financial affairs and dealings with the state, those in the precariat are disadvantaged since they are usually less well-informed and have to do much more to satisfy demands made on them if they want to gain meagre state benefits. "

" In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen. "

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

" 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. "

" 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. "

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

" 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. "

" 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. "

Guy Standing

Inequality

Statistics

" A primary justification for a basic income is social justice. "

" 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. "

" Across Europe, not just in the U.K., the old Beveridge and Bismarckian variants of the welfare state have been dismantled. In their place has been erected a mish-mash of means-tested, behaviour-tested social assistance, with a growing tendency to force young unemployed into workfare schemes, which are helping to depress real wages. "

" The Magna Carta was the first class-based charter, enforced on the monarchy by the rising class. "

" 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. "

" Many low-income people in the U.S.A. charged with a crime opt to plead guilty to a lesser offence because they cannot afford to go to trial. "

Guy Standing

Because

Crime

" 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. "

" The precariat has been losing cultural rights in that those in it feel they cannot and do not belong to any community that gives them secure identity or a sense of solidarity and reciprocity, of mutual support. "

" The income distribution system constructed in the 20th century has broken down, and it will not come back. "

" 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. "

" 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. "

Guy Standing

Think

Time