Guy Standing is a professor at University of London. His acute observations, regarding the emergence of the new class, are being published, due for release in early April. The Precariat, as he termed them, are the emerging class of disenfranchised people from all backgrounds, who find their future and security eaten up by neo-liberism and globalisation. One of his many suggestions that he's been promoting over the past 25 years has been the 'basic income' that would be payable to all, by the government, as a basic human right. Any individual income would come on top of that and still be an incentive for people to try harder and work to achieve more in their lives. This would go a long way to addressing the complexities of the profit-driven unequal wealth accumulation, it would allay the existential fears of the underprivileged, but it would also reduce crime and human suffering. Whilst dismissed as 'idealistic' by the very western governments, who are now bailing out the failing banks with taxpayers money, after they facilitated the biggest economic inequality since the beginning of statistics, Prof Standing's ideas have been embraced with excellent effect by countries such as Brasil who now have several million of their most underprivileged people on this basic income. I thought his reasoning was very substantive and interesting, here are a few excerpts from his lecture, but there are much longer videos on YouTube to be found.