A conversation with Guy Standing in Davos on Basic Income

From Davos, listen and watch a conversation with Guy Standing, author of The Precariat: The New Dangerous Class and other works, on the rise of a financially insecure and alienated class.

Guy Standing warns that the rapid growth of the precariat is producing instabilities in society. It is a dangerous class because it is internally divided, leading to clashes with immigrants and other vulnerable groups. Its members may be susceptible to the siren calls of political extremism. He argues for a new politics, in which redistribution and income security are reconfigured and in which the fears and aspirations of the precariat are made central to a progressive strategy.

A CBC story has highlighted that more than three-quarters of the world’s workforce have insecure, part-time, or temporary jobs, according to the International Labour Organization. That means that only 25 percent of the world’s population is doing stable, full-time work.

To watch the video, click here.