Phrase by 'Guy Standing'
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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.
Author: Guy Standing - English ActorChange , Real , Intellectual , Financial
A person looking after a frail former lover is not working and not contributing to economic growth. But if he or she stopped, the state would probably have to take over, thereby adding to growth. So, to increase growth, we should stop looking after our loved ones. Could anybody explain to a passing Martian how this makes sense?
Author: Guy Standing - English ActorLooking , Person , Loved , Growth
The IP system is an artificial construct that excessively rewards owners of intellectual property, granting them monopolies over inventions and ideas that, in many cases, are the product of generations of thinkers and/or publicly funded research.
Author: Guy Standing - English ActorIdeas , Research , Product , Intellectual
The Magna Carta was the first class-based charter, enforced on the monarchy by the rising class.
Author: Guy Standing - English ActorFirst , Class , Rising , Monarchy
Every progressive movement has been built on the anger, needs, and aspirations of the emerging major class.
Author: Guy Standing - English ActorClass , Movement , Anger , Progressive
The income distribution system constructed in the 20th century has broken down, and it will not come back.
Author: Guy Standing - English ActorBack , Will , Down , Broken
Using political power, the elite can induce local authorities to facilitate enclosure and privatisation of land, water, and other hitherto public amenities. And they can pressurise public administrations to cut taxes, reducing financial resources for maintaining the remaining commons.
Author: Guy Standing - English ActorPolitical , Power , Water , Financial
What distinguishes a commons is that it is not private property, does not have a price, and is oriented towards 'use value' rather than 'exchange value.' It does not exist to generate profits.
Author: Guy Standing - English ActorValue , Price , Exist , Property
In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen.
Author: Guy Standing - English ActorEnd , Did , Happen , Euthanasia
A primary justification for a basic income is social justice.
Author: Guy Standing - English ActorSocial , Justice , Social Justice , Income
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