The Corruption of Capitalism: Why Rentiers thrive and work does not pay

Watch/Listen Again Thursday 16 March 2017 17:00 to 18:30
IDS, Room 120/121

Guy Standing, Professorial Research Associate at the School of Oriental and African Studies (SOAS), joins us to discuss the key themes from his new book The Corruption of Capitalism: Why rentiers thrive and work does not pay.

The book argues that there is a lie at the heart of global capitalism. Politicians, financiers and global bureaucrats claim to believe in free competitive markets, but have constructed the most unfree market system ever. It is corrupt because income is channelled to the owners of property – financial, physical and intellectual – at the expense of society.

About the speaker

Guy Standing is a Professorial Research Associate at the School of Oriental and African Studies (SOAS), University of London, and a founder member and honorary co-president of the Basic Income Earth Network (BIEN), a non-governmental organisation that promotes a basic income for all.    

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IDS, University of Sussex,, Brighton, BN1 9RE