Bøker av Guy Standing

There is a lie at the heart of global capitalism. Politicians, financiers and global bureaucrats claim to believe in free competitive markets, but have constructed the most unfree market system ever. It is corrupt because income is channelled to the owners of property - financial, physical and intellectual - at the expense of society.This book reveals how global capitalism is rigged in favour of rentiers to the detriment of all of us, especially the precariat. A plutocracy and elite enriches itself, not through production of goods and services, but through ownership of assets, including intellectual property, aided by subsidies, tax breaks, debt mechanisms, revolving doors between politics and business, and the privatisation of public services. Rentier capitalism is entrenched by the corruption of democracy, manipulated by the plutocracy and an elite-dominated media.Meanwhile, wages stagnate as labour markets are transformed by outsourcing, automation and the on-demand economy, generating more rental income while expanding the precariat.The Corruption of Capitalism argues that rentier capitalism is fostering revolt, and concludes by outlining a new income distribution system that would achieve the extinction of the rentier while promoting sustainable growth.

What models of distributive justice can the twenty-first century promote to challenge the spread of insecurity, inequality and social fragmentation? The twentieth century was dominated by competition between two labour models of society - state socialism and welfare state capitalism, which promoted forms of labour security.

Sets out a fresh approach to the assessment of income dynamics, based on identifying the diverse components of people's income and entitlements. This book defines 'social income' as a broader concept of household income which includes state, community and private benefits.