Photo: Ye Jiabin and Guy Standing Throughout history, capitalism has evolved, changing character and changing the class structure defining each era. The changes in the 20th century can be understood by reference to what Karl Polanyi called the Great Transformation.[i] Briefly, in his formulation, in the 19th century, mainly in Britain, there was an initial […]
Guy Standing talk in China: Rentier Capitalism, the Precariat and Basic Income