The Precariat is infuriatingly interesting. Its author Guy Standing, a Professor of Economic Security at the University of Bath, has set out to explain the rise of a new class, “the precariat”, and explore the social/political implications of this ‘class-in-the-making’. The Precariat’s originality lies in the journey which Standing takes the reader on. Standing’s start point is simple enough; his understanding that we cannot return to a mythical Keynesian capitalist Golden Age where (nearly) everyone had a decent job. Although the journey can be challenging and takes some unexpected directions, Standing has written a book that is vital to understanding the workings of contemporary global economy. Continue reading →