Globalisation, technological change, and the move to flexible labour markets has channelled more and more income to rentiers - those owning financial, physical, or so-called intellectual property - while real wages stagnate.

Magna Carta only came into being in 1217, when the wording had been changed and parts of the original were extended in the Charter of the Forests. This complementary charter covered liberties granted to the common man, including rights to the commons, grazing, fishing, water, and firewood, and was perhaps the first ecological charter in history.

Chronic insecurity will not be overcome by minimum wage laws, tax credits, means-tested benefits, or workfare.

Guy Standing Quotes