February 9, 1948

1948Guy Standing, English economist and academic^[†]

Guy Standing is a British labour economist. He is a professor of development studies at the School of Oriental and African Studies, University of London, and a co-founder of the Basic Income Earth Network (BIEN). Standing has written widely in the areas of labour economics, labour market policy, unemployment, labour market flexibility, structural adjustment policies and social protection. He created the term precariat to describe an emerging class of workers who are harmed by low wages and poor job security as a consequence of globalisation. Since the 2011 publication of his book The Precariat: The New Dangerous Class, his work has focused on the precariat, unconditional basic income, deliberative democracy, and the commons.