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" 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. "
Guy Standing
Price
Property
Value
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" The Magna Carta was the first class-based charter, enforced on the monarchy by the rising class. "
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" 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. "
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" 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. "
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" If you're healthier, you tend to have a lower demand for health services. "
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" Politicians should reflect on the well-documented fact that fearful, insecure people lose their sense of tolerance and altruism. "
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" We are in an era of chronic insecurity and growing inequalities. In that context, we need to have new mechanisms for income distribution which give people a sense of security. "
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" People want to work, but they don't want to necessarily want to do labour. "
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" 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. "
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" 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. "
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" Growth in village economies is often ignored. It should not be. "
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Ignored
" 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
" 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. "
Guy Standing
Community
Identity
Support
" Means-tested benefits have one incredible feature in that they impose huge poverty traps. "
Guy Standing
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Poverty
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" 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
" 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
" 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. "
Guy Standing
Prayer
Charity
Ask
" 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
" 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 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
" 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
" 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
" 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. "
Guy Standing
Revolution
Free
Confidence
" The income distribution system constructed in the 20th century has broken down, and it will not come back. "
Guy Standing
System
Will
Down
" The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political. "
Guy Standing
First
History
Losing
" 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. "
Guy Standing
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Watching
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" 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. "
Guy Standing
Value
Society
Fishing
" 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. "
Guy Standing
Influence
Growing
Institutions
" The evidence shows if you give people security, they become better people. They develop their talents. They become better citizens. "
Guy Standing
Evidence
You
Security
" Twentieth-century welfare state capitalism was historically unique in that national income was split between wages and profits, labour and capital. "
Guy Standing
Capitalism
Unique
Wages
" 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