By Roderick Benns
Publisher of Leaders and Legacies, a social purpose news site
The combination of people in short-term and contract jobs and those in other precarious work and living situations, has grown into a massive new class of people. Named ‘the Precariat’ by renowned economist Guy Standing, he says it is the only class of people in the history of the world that wants to eliminate itself.
Speaking in Toronto earlier this year to support his latest book, Precariat Charter: From Denizens to Citizens, Standing told an energized crowd that he estimates the Precariat class is approaching 40 percent in Canada.
Standing observes that precariousness is becoming the new normal after years of neo-liberal policies that have broken down the old order. (Neo-liberalism emphasizes privatization, deregulation, and globalization — the so-called right wing policies that promote a laissez-faire atmosphere for economic development.)Read more