The economist behind Universal Basic Income: Give all citizens free money to help combat a ‘neofascist wave of populism’

The economist behind Universal Basic Income: Give all citizens free money to help combat a 'neofascist wave of populism'

Professor Guy Standing Professor Guy Standing Wikimedia Commons In 2011 Guy Standing, then an economist at the University of Bath, prefaced his new book with a warning.

He described a growing class of "precariat" workers, alienated by a western political agenda which had, since the 1970s, promoted market-led competition above job security. Real wages across the west had stalled for decades and "flexible" work was becoming the norm, leaving many millions around the world "without an anchor of stability."

This precariat, he said, "are prone to listen to ugly voices, and to use their votes and money to give those voices […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.