Change Quote by Guy Standing
“Globalisation, technological change, and the move to flexible labour markets has channelled more and more income to rentiers - those owning financial, physical, or so-called intellectual property - while real wages stagnate.”
About This Quote
Source Book: "The Precariat: The New Dangerous Class", 2011
Economic shifts concentrate income among rentiers while wages for most stagnate.
In simple terms: Rentiers gain wealth, wages stall.
Address income inequality.
Themes
Mood
Type
When to use this quote
- policy reform
- union organizing
- financial education
- advocacy
Key Concepts
Questions to Reflect On
- What policies can curb rent‑seeking?
- How does stagnating wages affect society?
Complex solutions needed.