Essay On Precariat

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Having a sound income and a stable job is crucial and essential for humankind in order to survive in this world. Most people in New Zealand earn proper incomes, have decent jobs and are able to live their lives comfortably. However, what most people do not realize is that the number of poor and precariats are increasing, which is why it is important to look at this issue in more depth and to understand why precarity exists. With the help of Guy Standing and his books, we can further examine and explore these concepts.

Section One

The world’s economy today is in the middle of a global transformation, which is generating a new global class structure. According to Standing (2011), the precariat can be defined in two ways. One is the barbarian approach that precariat is a different and distinctive social group or socio-economic class-in-the-making, so a person can be either a part of it or not. Another way is to see it as a process of precariatisation where model behaviour, expectations and insecurities changes (MHC Mc2012Culloch Center, 2012). The precariat is a certain group of people living without well-paid work and lack of resources.
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We can determine seven groups: the elite, salariat, proficians, shrinking working class (which is one of the reasons why the welfare state was built) and below these four groups comes the precariat (Standing, 2011). The precariat is not at the bottom, as the unemployed and lumpen precariat comes below it. It is not an underclass, as it was wanted by global capitalism and needed for the system that is being established (MHC Mc2012Culloch Center, 2012). Standing (2011), has characterized the precariat as a group of people that are “socially ill misfits” and exists with a broad range of insecurities and are more likely to experience anxiety, anomie, alienation and

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