Humans, Labour and Technology
summary
Claims that global labor supply quadruples adding 2 billion workers, and that rents from patents and property capture roughly 20% of global GDP, creating systemic debt extraction. Patents triple and governments shift subsidies to rentiers, producing stagnant, volatile money wages, unpaid “work for the state,” and marginal tax traps of 80–100% for low earners. Proposes pooling rental income via sovereign wealth or wage-earner funds and a basic income; cites pilots showing basic income increases, not reduces, people’s productive and caring work.
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chapters (12)
- 0:00Introduction to the precariat
- 1:22The global market shift
- 4:31Income distribution collapse
- 5:54Changes in the labor market
- 7:48The role of debt
- 8:48Global class fragmentation
- 10:11Defining the precariat
- 13:22Loss of rights
- 14:13Politics of the precariat
- 17:33The need for revolt
- 18:53Basic income solutions
- 20:56Social justice and conclusion
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