The precariat, populism and robots: is basic income a political imperative?

The precariat, populism and robots: is basic income a political imperative?

Protestors in Zurich demand a restructuring of the welfare state In the previous two articles in this series, the precariat was depicted as the emerging mass class , experiencing falling real wages, chronic economic insecurity and growing anger, in a context best described as rentier capitalism , rather than free-market capitalism. Revolt is in the air, and is justified, even if we may detest the forms it is taking, because the system is "rigged" excessively in favour of the rentiers, those who earn income from property, physical, financial or intellectual.

What is to be done? The starting point – elaborated […]

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