Precariat
12 days ago
- #economic-inequality
- #precariat
- #social-class
- The precariat is a social class characterized by lack of job security and precarious living conditions.
- Members of the precariat often engage in unpaid activities like job searching and being on call for gig work.
- The emergence of the precariat is linked to neoliberal capitalism and has been observed in Europe, the US, and Japan.
- Guy Standing, a British economist, has analyzed the precariat as a new dangerous class and proposed basic income as a solution.
- The precariat class is considered the most deprived in terms of economic, cultural, and social capital.
- The COVID-19 pandemic has exacerbated issues like food insecurity and financial instability for the precariat.
- Political developments such as Brexit and the rise of Donald Trump have been linked to the precariat's discontent.