Corporations and financiers have used their growing influence to induce governments and international organizations to construct a global framework of institutions and regulations that enable elites to maximize their rental income.

The Latin root of 'precariousness' is 'to obtain by prayer.' The precariat must ask for favours, for charity, to show obsequiousness, to plead with figures of authority. It is degrading and stigmatizing.

The precariat is the first class in history to be losing acquired rights - cultural, civil, social, economic, and political.

Guy Standing Quotes