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The Corruption of Capitalism Guy Standing

The Corruption of Capitalism By Guy Standing

The Corruption of Capitalism by Guy Standing


$22.49
Condition - Very Good
6 in stock

Summary

Guy Standing, best-selling author of The Precariat, reveals the devastating effects of the construction of a global market economy. The Corruption of Capitalism shows why, in the interests of democracy and our common wealth, the rise of rentier capitalism must be resisted. If it is not, we risk dire social and political consequences.

The Corruption of Capitalism Summary

The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay by 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.

The Corruption of Capitalism Reviews

The Basic Income is an idea whose time has come, and Guy Standing has pioneered our understanding of it - not just of the concept but of the challenges it is designed to meet: rapid automation and the emergence of a precarious workforce for whom wages derived from work will never be enough. As we move into an age where work and leisure become blurred, and work dissociated from incomes, Standing's analysis is vital. - Paul Mason; Is it possible to make capitalism work for the many rather than the few? In this thoughtful book, Guy Standing focuses on the central problem of modern capitalism - the tendency of great wealth to transform itself into political power that corrupts the political process and generates laws and regulations favouring the wealthy - and suggests useful and important solutions. - Robert Reich, Labor Secretary to President Clinton, 1993-97; Guy Standing's incisive critique of the corruption of rentier capitalism and his description of the potential of the rising precariat should put politicians and ruling elites on the alert. - John McDonnell, shadow Chancellor of the Exchequer

About Guy Standing

Guy Standing is Research Professor at the School of Oriental and African Studies, University of London, and is a Fellow of the Academy of Social Sciences.He was previously Professor of Economic Security at the University of Bath and Professor of Labour Economics at Monash University in Australia, and was director of the Socio-Economic Security Programme of the International Labour Organisation, in the United Nations. He is a co-founder and honorary co-president of the Basic Income Earth Network.His books include The Precariat: The New Dangerous Class (2011), A Precariat Charter: From Denizens to Citizens (2014), Work after Globalization: Building Occupational Citizenship (2009) and Basic Income: A Transformative Policy for India (2015).

Additional information

GOR007632213
9781785900440
1785900447
The Corruption of Capitalism: Why Rentiers Thrive and Work Does Not Pay by Guy Standing
Used - Very Good
Hardback
Biteback Publishing
20160721
320
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The Corruption of Capitalism