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. …show more content…
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