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" 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. "

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" 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

" What we can say with confidence is that the technological revolution is worsening inequality, due mostly to mechanisms that limit free markets. It is also bringing about disruptive change that is intensifying insecurity and may indeed lead to large-scale labor displacement. "

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

" 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. "

" Since the crash of 2008 and during the neoliberal retrenchment known as austerity, many commentators have muttered that the left is dead, watching social democrats in their timidity lose elections and respond by becoming ever more timid and neoliberal. They deserve their defeats. "

" 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. "

" 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. "

" Sanctions and workfare make it easier for employers to impose insecure practices on desperate people. "

" 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. "

" 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. "

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

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

" 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. "

" 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. "

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

" People, in general, want to improve their lives and the lives of their children and other loved ones. "

" 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. "

" 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. "

" 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. "

" 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. "

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

" 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

" 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

" 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

" 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. "

" 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 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

" 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. "

" If you're healthier, you tend to have a lower demand for health services. "