Rentier capitalism describes the economic practice of gaining large profits without contributing to society. A rentier is someone who earns income from capital without working.
The precariat represents the closure of the cycle from industry replacing the artisan with manufacturing and office centres to the creation of artisan freelances that work into what used to be organisations. Drivers, writers, graphic designers, IT professionals and even chefs and personal assistants among literally thousands of other professions now operate outside the sphere of the organisation while directly influencing its trajectory. For the employer this means that there are cuts in costs as healthcare, sick and maternity pay, and other employee benefits don’t have to be met while getting a similar service out of the loose networks that it exploits to achieve the same aims it once had as a brick and mortar office block.
Okay politics anyone? Well at least it keeps us from the drivel of news about Trumpism, as he once more squirms in the public eye. No I have been listening to Guy Standing, sorry Cro, he is so left he almost falls of the cliff.
The 'rentier' class is taking off with a flourish, people queuing for hours to get a flat because we do not have enough housing stock, simples isn't it? Rent prices leaping up and the ubiquitous Section 21 giving the landlords right to evict.
Naivety in the ways of the world is something I suffer from, but truly I never realised people lived in their cars in America, and you can add Canada and Australia to that. When I came across a 66 year old woman in the news this morning, doing the same in this country, I was rather shocked.
Not only are we having problem housing the refugees that come to this country but even the person who lives next door to you may be in trouble.
We could demand that a building programme takes place, it has been promised for years, but I am sure 'nimbyism' will creep in, we are after all a small country. As the elegant mills of the North have been turned into upmarket flats we should perhaps look at the buildings, both office and shops that are standing empty in our towns.
We have suffered under a Conservative led government for too long, I am not going to accuse the politicians of corruption, though there are a few but as our utilities suffer under foreign ownership, lets call them to account, we still have reasonable judiciary in this country.
I shall go and find some pretty photos for my next blog ;)




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